Spartan Securities Group, Ltd. provides market making services to institutions and issuers in equity securities listed on the OTC Bulletin Board and Pink Sheets under the Market Maker ID - MICA. Our Equity Sales and Trading desk focuses on what Spartan considers an under-serviced market niche; less actively traded stocks that require special attention to minimize market impact from trade execution. Our understanding and expertise in this area serves as a platform in providing comprehensive trading services for emerging growth companies.

 

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As a member of the Securities Investor Protection Corporation (SIPC) funds are available to meet customer claims up to a maximum of $500,000 in cash and securities with a $100,000 cash maximum. Additionally, our clearing firm holds Excess SIPC Insurance of $200,000,000 in the aggregate, over all customer accounts, subject to a maximum limit of $900,000 per Customer in respect to cash. This "Excess SIPC" protection is in addition to the protection provided by the Securities and Investors Protection Act, which is administered by SIPC and is subject to certain conditions and limitations, details of which are available upon request. Note SIPC and Excess SIPC provide coverage against loss of securities and cash, not against market depreciation, fluctuation in market value of your securities or a trading loss.