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Account Custody and Clearing

Apex Clearing

Apex Clearing Corporation is a leading independent provider of execution, clearing, settlement and technology services to the global financial services industry, serving over 100 correspondents and one million customer accounts. Our approach is unique. We bring a focus to risk management and a scalable technology platform to deliver truly innovative solutions to help our customers grow. In addition to our superior execution services, our range of offerings include sophisticated margin and option capabilities, cash management services, retirement plans, mutual funds and trade processing support.

Additional Insurance

Apex Clearing has purchased an additional insurance policy through a group of London Underwriters to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2.15 million. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.

Assets Available for Clearing

Stocks and Options
Fixed Income including Corporate Bonds and Government Securities
ETFs and Mutual Funds