LaBranche & Co Company Description
LaBranche & Co specializes in being a specialist. The company makes markets for the common stock of more than 600 NYSE-listed firms, including Dow Jones components American Express, AT&T, DuPont, Exxon Mobil, Merck, and 3M. One of the oldest and largest specialists, LaBranche & Co matches buyers and sellers and compensates for demand imbalances by buying or selling stocks for its own account. The company also has a unit that focuses on options, futures, and exchange-traded funds (ETFs), as well as others that focus on foreign markets. Subsidiary LaBranche Financial Services performs brokerage and clearing services for institutional clients.
View the Comprehensive Company Description for LaBranche & Co
The Company Description provides a historical perspective of LaBranche & Co's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of LaBranche & Co's evolution in the marketplace.
