Why doesn't Haywood offer online trading?
We just haven't built, or employed the technology yet. It's a service that we look forward to offering our clients and it's service that we care about. We want to make sure that when we give clients the tools, they work. With over 400 combined years of trading experience in the firm, we enjoy the ability to provide the quickest executions in the industry at the right price. We will offer clients the choice of online trading in the second phase of our expanded online services. Our first priority is to allow clients to review their portfolio online, and to give them access to real-time financial data.
Although investors who are sensitive to timing and quality of execution still prefer to have our professional traders handle their orders, an increasing number of clients are sophisticated enough to make the decisions and execute trades on their own. We are committed to offering them the tools to do that.
Do I need a minimum balance to open an account with Haywood Securities?
No. Our analysts and advisors serve a clientele consisting largely of sophisticated investors, but our range of professionals is suited to a variety of client profiles.
Is Haywood still committed to covering the mining sector?
While many investment dealers drop their support for resource industries during cyclical downturns, Haywood has maintained a world-class team of mining analysts investment banking and sales experts.
We are committed to serving companies in the mining sector, and investors interested in mining investment. When mining investment enters its next upward cycle, our team of analysts will be among the first to spot new opportunities.
Haywood has expanded rapidly in the past year, opening offices across Canada. Where is the firm going in its growth? Are we going to see it acquired by a larger firm or bank as we have so many others?
Since the early 90's, Haywood has nearly doubled its staff and opened offices in Calgary and Toronto. Even as we continue expanding, we remain an independent Canadian investment dealer, and we have no intention of being acquired. We take a lot of pride in the entrepreneurial spirit that has fueled the growth of the firm and continues to attract others. We have never embraced growth for the sake of growth. Our expansion is strategic. We simply wish to be respected as experts in certain fields. The economic sectors we have chosen to cover are advanced technology, biotechnology, oil and gas and mining.
How are you different from other Canadian investment dealers?
We are unique in our aggressive approach to seeking out investment opportunities in young companies with potential for rapid growth, and in our commitment to helping those companies grow. This tends to be a longer-term commitment than our competition, generally speaking. Additionally, our independence gives us the freedom to make decisions quickly in response to market demands or to client issuer needs. |
