What Curvature Securities does

Curvature Securities, LLC is a privately held, SEC-registered broker-dealer and CFTC-registered Futures Commission Merchant founded in 2021 and headquartered in Chatham, New Jersey. The firm is a member of FINRA, NFA, SIPC, FICC, DTCC, NSCC, and OCC, and operates from three offices (Chatham NJ, Hallandale Beach FL, and New York NY). It provides a vertically integrated suite of capital markets services to broker-dealers, hedge funds, institutional clients, and corporate issuers.

The firm's core product mix spans five lines: Clearing (end-to-end clearing with cloud infrastructure, real-time processing, white-label client onboarding, AML/KYC, ACATS transfers, and fractional shares support); Equity Finance (securities lending and trading desk with hard-to-borrow expertise and a dynamic Easy-to-Borrow list); Repo (Treasury repo, FICC netting, and US Treasury clearing and custody); Execution (algorithmic and smart order routing with real-time risk monitoring); and Investment Banking (equity capital markets, debt capital markets, M&A advisory, and strategic advisory). The underlying technology is a cloud-based platform with native API capabilities.

The business model is transaction-fee based across both lines: clearing, equity finance, repo, and execution generate fees from broker-dealer and institutional client flows, while investment banking generates placement agent and advisory fees on completed capital markets and M&A transactions. The firm has positioned itself as a white-glove, senior-attention alternative to larger, more automated brokers, with a focus on customizable reporting, modern onboarding, and live client service from 4–5 AM. Investment banking engagements span biotech, clean energy, consumer health, and other verticals, with placement agent mandates disclosed in 2025–2026 referencing deal values exceeding $2B in aggregate.

Name

Curvature Securities

Legal name

Curvature Securities, LLC

Website

https://curvaturesecurities.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

Curvature Securities is a US-registered broker-dealer and Futures Commission Merchant offering clearing, equity finance, repo, execution, and investment banking services to institutional clients, broker-dealers, hedge funds, and corporate issuers.

Ownership category

akta.pro rank

Product category

Broker-Dealer Services

NAICS

Securities and Commodity Contracts Intermediation and Brokerage (5231), Investment Banking and Securities Intermediation (52315), Commodity Contracts Intermediation (52316)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Central Securities Depository (CSD) & ICSD SFT Services (FSACAIAL)

akta.pro secondary industries

Securities Settlement Systems (SSSs) for Government & Central Bank Securities (FSAFAGAC), CCP Collateral Management & Margin Services (FSAFAFAK)

Keywords

• Securities clearing services
• Equity financing
• Treasury repo financing
• Algorithmic trade execution
• Investment banking advisory

Headquarters

HQ city

Bedminster

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Broker-Dealer Services: Revenue generated from clearing services, equity finance (securities lending), treasury repo, and execution services for broker-dealers, hedge funds, and institutional clients
2. Investment Banking Advisory and Placement: Capital raising services including acting as sole placement agent, financial advisor, and co-manager for equity and debt offerings. Revenue earned through placement agent fees and advisory commissions on completed transactions

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Curvature Securities is a full-service broker-dealer and Futures Commission Merchant providing clearing, equity finance, repo, execution, and investment banking services to broker-dealers, hedge funds, and corporate issuers. The firm operates a modern cloud-based technology platform with native API capabilities, offering end-to-end clearing solutions, securities lending, US treasury repo, algorithmic order routing, and capital markets advisory. Its model pairs technology infrastructure with white-glove, high-touch client service covering niche areas of the fixed income and equity markets.

Product overview

Curvature Securities is a full-service broker-dealer and futures commission merchant offering a suite of interconnected financial services. The core product portfolio includes Clearing (end-to-end clearing with cloud infrastructure and white-label onboarding), Equity Finance (securities lending and trading), Repo (treasury clearing and short-term financing), Execution (algorithmic order routing), and Investment Banking (capital markets and advisory services). These services are designed to work together, providing clients with seamless access from front-end trading through back-end clearing and reporting.

Differentiator

Problem solved

Functional benefit

Products and services

• Clearing End-to-end clearing solution built on a modern cloud-based technology stack with real-time processing, back-office support, and an experienced equity finance desk. Includes white-label paperless onboarding with built-in AML/KYC and identity verification, ACATS transfers, fractional shares support, and connectivity across multiple trading platforms. Designed for broker-dealers and institutional clients seeking an alternative to legacy clearing providers.
• Equity Finance Securities lending and equity trading desk that services stock borrow and financing needs with specialization in hard-to-borrow securities. Provides a dynamic Easy-to-Borrow List for short sale availability, fail coverage, and customizable reporting from front-end trading through back-end operations. Targets broker-dealers, hedge funds, and professional trading groups.
• Repo Treasury repo services and US Treasury clearing as a conduit in the inter-dealer securities finance market. Provides short-term financing with overnight and term options, operates as an FICC netting member, and delivers customized reporting for hedge funds, broker-dealers, and private investment funds needing reliable balance sheet access.
• Execution Full suite of algorithmic and smart order routing services for equity and equity option execution. Features finely engineered algorithms customized to client execution needs, real-time risk monitoring, and live client service representatives available from 5 AM. Designed for institutional trading desks requiring sophisticated execution tools.
• Investment Banking Comprehensive financial advisory and capital raising services including Equity Capital Markets (registered direct offerings, private placements, IPOs, ATM offerings, S-1 offerings, confidentially marketed public offerings), Debt Capital Markets (convertible notes, term loans, asset-based loans, revolving credit facilities, bridge loans), M&A Advisory, and Strategic Advisory (reverse mergers, fairness opinions, sell-side and buy-side advisory, general corporate advisory). Curvature acts as sole placement agent, co-manager, or financial advisor with senior-level banker attention on every engagement.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Maxim Group LLC: Maxim Group is a full-service broker-dealer that frequently acts as placement agent for small-cap and micro-cap issuers across equity and debt offerings — closely matching Curvature's investment banking placement agent activity.
• Aegis Capital Corp. Aegis Capital is a mid-market full-service broker-dealer offering investment banking, capital markets, equity research, and trading — directly comparable to Curvature's integrated broker-dealer / investment banking model with a small-cap issuer focus.
• Joseph Gunnar & Co. Joseph Gunnar is a small-cap focused broker-dealer and investment bank that places equity offerings for emerging growth companies — directly comparable to Curvature's small-cap placement agent franchise.
• H.C. Wainwright & Co. H.C. Wainwright is a leading placement agent and broker-dealer specializing in PIPE, registered direct, and ATM offerings for small-cap and micro-cap issuers — a near-direct comp for Curvature's IB transaction mix.
• EF Hutton (collectively, EF Hutton America): EF Hutton is a mid-market investment bank and broker-dealer focused on capital raising and advisory for small and mid-cap companies — directly comparable to Curvature's IB and capital markets offering.
• Abel Noser Holdings, LLC: Abel Noser is an agency execution broker and provider of transaction cost analysis — referenced in Curvature's own SEC 606 disclosures — making it a direct comp in execution services and trading analytics.
• BTIG, LLC: BTIG is a full-service broker-dealer offering institutional trading, equity finance, securities lending, and investment banking — overlapping with all of Curvature's core service lines and target segments.
• ThinkEquity Capital Management: ThinkEquity is a small-cap focused broker-dealer acting as placement agent for IPOs, PIPEs, and follow-ons, comparable to Curvature's small/mid-cap capital raising book.

Broad incumbents

• Wedbush Securities: Wedbush Securities is a diversified mid-market broker-dealer offering clearing, execution, equity finance, and investment banking — a broader incumbent with overlapping capabilities to Curvature's full-service platform.
• B. Riley Financial, Inc. B. Riley is a diversified financial services firm with broker-dealer, investment banking, and capital markets businesses — a broader incumbent offering overlapping capabilities across clearing, execution, and IB.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Curvature Securities