CORPORATE SUMMARY:
Rhino Trading Partners (RHINO) is an agency-only broker-dealer that specializes in the execution of listed & over-the-counter equities, both domestically and internationally, using a strict level of discretion. The RHINO team acts as a liaison between clients and the open market, employing a conflict-free, streamlined, and trusted way of transacting business, which affords our clients a sense of confidence that their trade is handled appropriately. Irrespective of order size or liquidity, trades are facilitated without disrupting the market while paying close attention to customer anonymity, speed, and precision. The foregoing is accomplished through our trader’s experience and ability to focus in on client-specific needs.
HISTORY:
Rhino Trading Partners (RHINO) was founded by Scott Steinman and Mike Schilling in May 2008 in New York. The purpose was to establish an institutional trading firm that would provide personal attention in a business that has seen a proliferation towards computerized trading.
MANAGEMENT:
Scott D. Steinman
CEO and GSP
Mr Steinman is registered as a Series 7/24/55/63. He has been in the securities industry for over ten years, working as a portfolio manager supervising over 40 traders and as an institutional sales trader. He is the Head Trader for the firm.
Michael J. Schilling
FinOp, Chief Compliance Officer and GSP
Mr. Schilling is registered as a Series 4/7/9/10/24/27/55/63. He has been in the securities industry since 1995 during which time, among other things, he was a registered representative in agency and over-the-counter securities, options trading, and as a market maker. In addition, beginning in 2001, he has acted as CCO, CFO and COO, first for A.L. Sarroff, LLC and now with RHINO.
DISCLOSURES:
MEMBERS OF FINRA ( WWW.FINRA.ORG), SIPC ( WWW.SIPC.ORG) AND NYSE-ARCA ( WWW.NYX.COM )
RHINO has entered into a Fully Disclosed Clearing Agreement with Pershing LLC. (DTC # 0443)
In compliance with Rule 606 please go to www.tta.thomson.com and click on blue tab "SEC Rule 606" and/or www.tagaudit.com for post Q2 2011 and click on blue tab "Public Rule 606" and under Broker/Dealer tab go to Rhino Trading Partners, LLC for our public disclosure of SEC required order routing information.
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 back up and recovery; 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 notifying our customers if we are unable to continue our business.
Our clearing firm, Pershing 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 its objective is to restore its own operations and be able to complete existing transactions and accept new transactions within a reasonable time period. Your orders could be delayed during this period.
Varying Disruptions – Significant business disruptions can vary in their scope, such as only our firm, a single building housing our firm, the business district where our firm 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 or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within a 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 within a week. In either situation, we plan to continue in business, transfer operations to our clearing firm if necessary, and notify you through our web site (listed above) or our customer emergency numbers (both listed above how to contact us. If the significant business disruption is so severe that it prevents us from remaining in business, we will notify our customers accordingly.
For more information – If you have questions about our business continuity planning, you can contact us at 212 837 7710 or Info@traderhino.com.
CAREER OPPORTUNITIES:
Rhino Trading Partners (RHINO) looks for experienced, highly-motivated professionals who have the ability to thrive in an entrepreneurial environment. We look for applicants who value excellence and integrity in everything they do. If you are interested in employment opportunities at a fast-paced and growing firm, please send your resume to MMCHILLY@TRADERHINO.COM for opportunities in New York. We look forward to hearing from you.
RHINO is an Affirmative Action/Equal Opportunity Employer. Applicants are considered for all positions without regard to race, color, religion, sex, sexual orientation, national origin, citizenship, age, marital or veteran status, or the presence of a non-job-related disability.