BNY ConvergEx Execution Solutions LLC and The Salvation Army Greater New York Division visit the NYSE to promote the organizations charitable work and publicly launch the Division's new Stand Together Campaign. Created as an emergency response to the ongoing economic crisis that continues to affect so many, the Stand Together Campaign hopes to raise $100 million over the next three years for basic human needs. BNY ConvergEx is a sponsor of The Salvation Army Greater New York Division. In honor of the occasion, Lt. Colonel Guy D. Klemanski, Divisional Commander of The Salvation Army Greater New York Division and Joseph Cangemi of BNY ConvergEx together ring The Closing Bell®.
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BNY ConvergEx
- ConvergEx was formed in October 2006 through the combination of Eze Castle Software, a leading provider of investment technologies and The Bank of New York Mellon’s institutional brokerage business.
- ConvergEx is a premier provider of investment technology solutions and global agency brokerage services to institutional clients worldwide. The firm specializes in providing a full array of leading investment technologies and an integrated platform of advanced, global trading capabilities designed to deliver maximum performance in today’s increasingly complex marketplace. With a broad global footprint and a worldwide staff, ConvergEx has offices located in the U.S., Europe, Asia and Australia, providing services in over 100 markets.
- BNY ConvergEx Execution Solutions LLC is a leading institutional agency brokerage with a wealth of experience and innovative knowledge. The firm has the tools needed to manage liquidity and leverage opportunities in the rapidly evolving marketplace.
- Their specialties in liquidity and execution management, global transition management, commission recapture, and wholesale and clearing services for U.S. markets, mean they have the advanced strategies and technologies needed to help meet investment objectives. Clients rely on their broad expertise, commitment to service and best-of-breed solutions to help them optimize their overall execution results. And multi-asset class execution platforms let you choose how to trade—pure electronic, portfolio or sales trading.
Salvation Army
- The Salvation Army is an international, faith-based charitable organization with a simple mission: to help those in need without discrimination.
- Headquartered in London—from a building at the foot of the Millennium Bridge—The Salvation Army serves in 115 countries and has an extensive presence in the United States. Adhering to a quasi-militaristic structure, The Salvation Army in the United States is divided into four territories, which are further subdivided into divisions. The Salvation Army Greater New York Division serves the five boroughs of New York City, Long Island, and nine counties in Hudson Valley.
- The Salvation Army will be ringing Nasdaq’s Opening Bell the same morning. So we have asked BNY ConvergEx to co-sponsor the bell with The Salvation Army.
- Of the over 140 programs The Greater New York Division offers, many are operated out of 39 corps community centers (corps) overseen by Corps Officers—men and women who have undergone a two year course in residence at a Salvation Army college where they study theology and field practice courses such as sociology and administration. Corps Officers, who have titles according to rank such as Captain or Major, are ordained ministers as well as community center directors. From building maintenance to deciding whether to start an ESL program or a choir—the Corps Officer is responsible for interpreting the needs of each community. Once needs are determined, Officers work with over 2,000 Salvation Army Greater New York employees (development and finance staff, social workers, etc.) and over 22,000 volunteers to create appropriate programming.
- In addition to Corps-based programs, The Salvation Army Greater New York Division administers a wide variety of social services which are largely made possible through contracts with government agencies such as the New York City Department of Homeless Services and the New York City Administration for Children’s Services.
- To meet the ever-increasing need, The Salvation Army is proud to launch the Stand Together Campaign. Over the next three years, The Salvation Army Greater New York Division will raise $100 million for programs operating in the five boroughs, Long Island, and the
Hudson Valley. The Salvation Army is committed to helping vulnerable New Yorkers in this time of great need.
- Times Square, the proverbial "Crossroads of the World," served as site of this year's Greater New York Division's 2009 Red Kettle Campaign Kickoff on November 20th. In addition to the 2009 Kettle Campaign, the event also served as the public launch of the Division's new Stand Together Campaign. Created as an emergency response to the ongoing economic crisis that continues to affect so many, the Stand Together Campaign hopes to raise $100 million over the next three years for basic human needs. This year's Red Kettle Campaign, and its goal of $3 million, falls under the umbrella of the Stand Together Campaign.
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