Last $22.35 USD
Change Today -0.03 / -0.13%
Volume 22.7K
OPY On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 09/16/14 All times are local (Market data is delayed by at least 15 minutes).
text size: T | T
Back to Snapshot
Company Description

Contact Info

85 Broad Street

New York, NY 10004

United States

Phone: 212-668-8000

Fax:

sales and trading activities. Its research is designed to identify debt issues that provide a combination of high yield plus capital appreciation through the short to medium term. Public Finance The company’s public finance department advises and raises capital for state and local governments, public agencies, private developers, and other borrowers. The group assists its clients by developing and executing capital financing plans that meet its clients’ objectives and by maintaining national institutional and retail securities distribution capabilities. Public finance bankers have expertise in specific areas, including local governments and municipalities, primary and secondary schools, post-secondary and private schools, state and local transportation entities, health care institutions, senior-living facilities, public utility providers and project financing. In addition to underwriting longer-term municipal securities, the company provides advice to municipal issuers with respect to the timing and issuance of short-term municipal notes, which the company then underwrites and distributes. Municipal Trading The company has municipal trading desks located throughout the country that serve retail financial advisers within their regions, as well as mid-tier and national institutional accounts. The company also assists in underwriting municipal securities originated by its Public Finance Department. These desks serve the company’s financial advisers in supporting their high net worth clients’ needs for taxable and non-taxable municipal securities. PROPRIETARY TRADING In the regular course of its business, the company takes securities positions as a market maker and/or principal to facilitate customer transactions and for investment purposes. Equities The company acts as both principal and agent in the execution of its customers’ orders. It buys, sells, and maintains an inventory of a security to ‘make a market’ in that security. In executing customer orders for securities in which it does not make a market, the company charges a commission and acts as agent, or would act as principal by marking the security up or down in a riskless transaction. The stocks in which the company makes a market might also include those of issuers, which are followed by its research department. Fixed Income The company trades and holds positions in public and private debt securities, including non-investment grade and distressed corporate securities, as well as municipal securities. Through the use of securities sold under agreements to repurchase (repurchase agreements) and securities purchased under agreements to resell (reverse repurchase agreements), the company acts as an intermediary between borrowers and lenders of short-term funds and provides funding for various inventory positions. Proprietary Trading and Investment Activities The company holds positions in its trading accounts in securities in which it does not make a market and might engage from time to time in other types of principal transactions in securities. It has various trading departments, including a convertible bond department, a risk arbitrage department, a corporate bond department, a municipal bond department, a government/mortgage backed securities department, and a department that underwrites and trades the U.S. government agency issues, taxable corporate bonds, preferred shares, unit investment trusts, and short term debt instruments. These departments purchase and sell securities, and make markets to make a profit on the inter-dealer spread or to profit from investment. In addition, the company and OAM hold proprietary positions in equity or fixed income securities in which it might not act as a dealer. The company, through its subsidiaries, holds investments as general partner in a range of investment partnerships (hedge funds, fund of funds, private equity partnerships, and real estate partnerships), which are offered to the company’s hedge fund-qualified clients and on a limited basis to qualified clients of other broker-dealers. SECURITIES LENDING In connection with both its trading and brokerage activities, the compan

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
OPY:US $22.35 USD -0.03

OPY Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Cowen Group Inc $4.02 USD -0.01
FBR & Co $28.36 USD -0.04
Piper Jaffray Cos $55.20 USD +1.51
RCS Capital Corp $23.83 USD -0.17
SWS Group Inc $7.10 USD +0.08
View Industry Companies
 

Industry Analysis

OPY

Industry Average

Valuation OPY Industry Range
Price/Earnings 15.7x
Price/Sales 0.3x
Price/Book 0.6x
Price/Cash Flow 15.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact OPPENHEIMER HOLDINGS-CL A, please visit www.opco.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.