Business Continuity Plan
League Capital Markets has developed a Business Continuity Plan on how we will respond to events that significantly disrupt our business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they occur. We review and update this plan on an annual basis.
Contacting Us
If after a significant business disruption you cannot contact us as you usually do, you should call our alternative number and speak with David Mack at 917-922-5389.
Our Business Continuity Plan
We plan to quickly recover and resume business operations after a significant business disruption and respond by safeguarding our employees and property, making a financial and operational assessment, and protecting the Firm’s books and records. In short, our business continuity plan is designed to permit our Firm to resume operations as quickly as possible, given the scope and severity of the significant business disruption.
Our business continuity plan addresses: data back-up and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, contractor, bank and counter-party impact and regulatory reporting. Our firm does not have a clearing arrangement and does not hold funds or securities for clients.
Varying Disruptions
Significant business disruptions can vary in their scope, such as only our Firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. In a disruption to only our firm or a building housing our firm, we will transfer our operations to a local site when needed and expect to recover and resume business within 24 hours. In a disruption affecting our business district, city, or region, we will transfer our operations to a site outside of the affected area, and recover and resume business within 48 hours. In either situation, we plan to continue in business.
For More information
If you have questions about our Business Continuity Plan, you can contact Jean Urquiola at telephone # 212-588-0580.