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StormHarbour Securities LLP (London)
U.K. FINANCIAL SERVICES AUTHORITY REGISTER
To access the FSA Register of Authorised Firms and Approved Persons, please use the following link: http://www.fsa.gov.uk/register/home.do
To view Pillar 3 Disclosure, please follow this link: www.stormharbour.com/files/Pillar 3 disclosure Oct 2012.pdf
To view our Order Execution Policy, please follow this link: www.stormharbour.com/files/StormHarbour Order Execution Policy - Oct 2012.pdf
To view the Remuneration Code Disclosures, please follow this link: www.stormharbour.com/files/Remuneration Code disclosure for FY2011.pdf
StormHarbour Securities LP (New York)
STORMHARBOUR'S BUSINESS CONTINUITY PLANNING DISCLOSURE STATEMENT
StormHarbour has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. With that in mind, we are providing you with this information on our business continuity plan.
Contacting Us – If after a significant business disruption you cannot contact us as you usually do, you should call our alternative number at +44 20 7355 5750 or go to our Web site at www.stormharbour.com. If you cannot access us through either of those means, you should contact our clearing firm, J.P. Morgan Clearing Corp, Broker Dealer Services at 212-552-1919 for instructions on how they may provide prompt access to funds and securities, enter orders and process other trade-related, cash, and security transfer transactions for you.
Our Business Continuity Plan – We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, protecting the firm’s books and records, and allowing our customers to transact business. In short, our business continuity plan is designed to permit our firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our Business Continuity Plan addresses: data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact; regulatory reporting; and assuring our customers prompt access to their funds and securities if we are unable to continue our business.
Our clearing firm backs up our important records in a geographically separate area. While every emergency situation poses unique problems based on external factors, such as time of day and the severity of the disruption, we have been advised by our clearing firm that their objective is to restore operations and be able to complete existing transactions and accept new transactions and payments within four hours to accommodate switching of data processing and voice communications as well as relocation of associates to alternate facilities. Your orders and requests for funds and securities could be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope, such as disruptions to only our firm, a single building housing one of our branch offices, the business district where our branch office is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm, our branch office, or a building housing our branch office, we will transfer our operations to a local site when needed and expect to recover and resume business within the same business day. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business by the next business day. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our Web site or our customer emergency number, the London office at +44 20 7355 5750 ,to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will assure our customer’s prompt access to their funds and securities.
For more information – If you have questions about our business continuity planning, you can contact StormHarbour’s Head of Compliance at 212-905-2500 or view our website at www.stormharbour.com
SIPC Protection
StormHarbour Securities LP is a member of the Securities Investor Protection Corporation, which protects securities customers of its members. Explanatory brochure available upon request at www.sipc.org
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