Brendan E. Cryan & Co.
A long-standing NYSE Designated Market Maker and one of six on the New York Stock Exchange. The firm is also the largest market maker on NYSE American, supporting listed companies with continuous liquidity and market insight.
Universal Capital Holdings Group
Market expertise. Financial innovation.
Universal Capital brings together market making and quantitative financial technology on one international platform, serving listed companies and investors with discipline and research.
NYSE Designated Market MakerFINRA MemberSIPC MemberSEC Registered Broker-DealerNYSE Designated Market MakerFINRA MemberSIPC MemberSEC Registered Broker-Dealer
60+ years
Serving the market as a Designated Market Maker on the New York Stock Exchange.
200+ companies
Listed-company partners, supported by market intelligence and ongoing dialogue.
26.3%
Share of volume provided by our Designated Market Maker, versus a 13.9% competitor average (Apr–Jun 2018).
About Us
Universal Capital Holdings Group
A practical understanding of markets
Our work connects the experience of market practitioners with the discipline of quantitative research. Across market making and FinTech, we focus on how markets function, how trading decisions are made and how technology supports their execution.
For listed companies, that means attention to liquidity and clear communication about trading activity. In FinTech, it means developing and evaluating strategies with a close understanding of market behavior, execution conditions and risk.
Terra Global Asset Management (TGAM)
A New York asset manager and fintech firm that combines quantitative research with systematic trading. Its strategies draw on nonlinear econometrics and quantitative finance, and extend to ETF development and smart advisory.
Our Services
Comprehensive Solutions Across the Capital Markets
Designated market making and financial technology, operating independently under a shared commitment to execution quality and client service.
Liquidity provision and price stability for listed companies
- NYSE designated market making
- NYSE American market making
- Proprietary automated trading platform
- Listed-company relations and market intelligence
Quantitative research and systematic trading technology
- Mid-frequency systematic trading
- High-frequency trading
- ETF development
- Smart advisory
Market Making
Liquidity Provision and Price Stability for NYSE-Listed Companies
A long-standing NYSE Designated Market Maker, one of only six, and the largest market maker on NYSE American.
Operated by Brendan E. Cryan & Co. · New York Stock Exchange
Business Model
How We Make Markets
A Designated Market Maker is responsible for keeping trading in each assigned stock fair, orderly and continuous, so that investors can buy and sell with confidence.
Quote both sides
We continuously post prices to buy and to sell, so investors can trade when they need to and the stock price stays within a reasonable range.
Open and reopen smoothly
We help each stock open the trading day, and resume after a pause, in an orderly way, adding liquidity where needed.
Close efficiently
We support the closing process so that the trading day ends smoothly.
Business Services
Technology-Driven Execution, Guided by Experienced Traders
Automated systems and experienced traders work side by side across two exchanges, serving more than 200 listed companies with market insight and responsible corporate guidance.
Automated Trading System (METP)
Our own advanced trading platform applies automated strategies in support of our market-making duties, working alongside our traders.
NYSE Designated Market Maker
Market making for listed companies on the NYSE, with experienced traders on the trading floor working alongside automated systems to serve the needs of each company.
NYSE American Market Maker
The largest market maker on NYSE American, responsible for market making in more than 180 listed companies.
Market Quality
Market Quality, Benchmarked Against Other Designated Market Makers
Two NYSE statistics indicate how actively a Designated Market Maker supports its assigned securities.
DMM % Provide Volume
Percentage of a security's trading volume executed through the Designated Market Maker. Higher participation adds liquidity and price stability.
DMM % of Time Quoting at NBBO
Percentage of time quotes are posted at the National Best Bid and Offer. Aggressive quoting attracts order flow and tightens spreads.
Source: NYSE data on Designated Market Maker monthly statistics, April–June 2018, for NYSE-listed stocks with average daily volume below 500,000 shares, as reported by Brendan E. Cryan & Co. Bars start at zero. Past results do not predict future results.
FinTech
Quantitative Research Meets Systematic Execution
Quantitative trading and smart advisory, built by strategists with hands-on market experience and based in the core of New York.
Operated by Terra Global Asset Management (TGAM) · New YorkNonlinear econometrics
Proprietary statistical models for the nonlinear return behavior of financial markets, in place of conventional linear statistics, for more precise market forecasting.
Mathematical algorithms
Strategy theory grounded in rigorous mathematical algorithms with a multi-year record, distinguishing us from quantitative managers without practical market experience.
Behavioral and quantitative finance
Published research by our strategists in these fields supports strategies that are differentiated and practical for investors.
Mid-Frequency Trading
Multi-session strategies across commodities, equities, fixed income and FX, with drawdown reduction and capital appreciation as core objectives.
High-Frequency Trading
Intraday directional strategies for capital appreciation, plus a fully hedged basket with zero net exposure to earn volume rebates.
ETF Development
Proprietary ETF models built on nonlinear statistics and quantitative finance.
Smart Advisory
Portfolios constructed around each investor's risk and return preferences.
How Smart Advisory Works
- 01
Define objectives
We begin with your investment objectives and identify the assets and strategies best suited to them.
- 02
Assess your financial position
Return and risk targets, liquidity needs, investment horizon and tax considerations inform a tailored plan.
- 03
Construct the strategy
Your return and risk objectives determine asset classes and portfolio allocation.
- 04
Manage the portfolio
Each portfolio is managed directly by our chief fund manager.
- 05
Report and review
Monthly performance reporting keeps your investment fully transparent.
- 06
Annual policy review
We update your Investment Policy Statement each year to keep objectives and portfolio aligned.
Investment Advisory
Terra Global Asset Management LLC is registered with the U.S. Securities and Exchange Commission as an investment adviser. The registered investment adviser framework establishes responsibilities for advisory relationships. Its relevance extends beyond investment models to how advice is delivered, explained and overseen.
Client interests
Investment advisers owe fiduciary duties to their advisory clients, including acting in their best interests and addressing conflicts of interest.
Transparency
Form ADV disclosures explain services, fees, business practices and material conflicts, helping clients evaluate an advisory relationship.
Accountability
SEC-registered advisers must maintain written compliance policies, designate a chief compliance officer and review their compliance programs annually.
Investment Portfolio
Selected investments across infrastructure and innovation
Our investment experience includes developing digital infrastructure, investing in startups through a venture firm and acquiring commercial real estate. The following cases illustrate different approaches to building and deploying capital.
Project capacity
75MW
Digital infrastructure · Wyoming
01Fully exited
Wyoming Data Center
Digital Infrastructure | Wyoming, United States
- Investment period
- 2021–2024
- Power price
- US$0.027/kWh
Universal Capital developed a 75 MW data center for cryptocurrency mining from the ground up. The project combined facility development with power procurement, including participation in block power trading to maintain an electricity price of US$0.027 per kWh during the investment period.
The project was sold in its entirety in 2024, completing the investment cycle from development to exit.
Venture capital
Nautilus Venture Partners
Startup investments
02
Venture Investments through Nautilus Venture Partners
Venture Capital | Startup Investments
Universal Capital Holdings has invested in startups through Nautilus Venture Partners. These investments form the venture capital component of the group’s investment activities, alongside its direct investments in physical assets.
Acquisition value
US$100million
Commercial real estate · Burlingame
03Fully exited
Burlingame Office Property
Commercial Real Estate | Burlingame, California
- Investment period
- 2015–2018
Universal Capital acquired an office property in Burlingame, near San Francisco International Airport, for US$100 million in 2015. The property was sold in 2018.
The transaction represents the group’s investment experience in commercial office real estate in the San Francisco Bay Area.
Why Universal Capital
Experience, Strategy, Service and Standing
What listed companies, institutions and investors can expect from the businesses in our group.
A Long Wall Street Record
A long Wall Street heritage as a market maker, with deep experience across the listed-company market.
Systematic and Discretionary
Automated strategies developed by our strategists operate alongside experienced traders who make markets manually.
Listed-Company Service
We share market intelligence and perspective with listed companies, and work with them on the management of their stock.
Regulated and Accountable
Members of FINRA and SIPC with all licenses in good order, and a long record of good standing.
Professional Associations
Organizations in which our market maker takes part across the United States and Canada.
Financial Analysts & Money Managers Society
Committee for Monetary Research & Education
National Association of Petroleum Investment Analysts
Petroleum Services Association of Canada
Prospectors & Developers Association of Canada
Contact
Engage With Universal Capital
Contact us to discuss market making or a technology partnership. Inquiries are handled promptly and in confidence.