JonesTrading Institutional Services LLC is an institutional equity broker-dealer focused on executing large orders ("block trades") from institutional clients. The Company is an execution-only broker specializing in crossing stock "upstairs" - connecting buyers and sellers anonymously without the trades ever hitting the floor of a national or regional exchange. The Company's platform allows mutual funds, pension funds, hedge funds and other institutional equity investors to trade less liquid stocks efficiently with minimal market impact. JonesTrading maintains active relationships with approximately 1,200 institutional clients through a network of over 70 sales traders spread throughout 12 regional offices. The Company was founded in 1975 and is headquartered in Westlake Village, CA.
FFL invested in JonesTrading in March 2007 to provide growth capital for several strategic initiatives.