HilltopSecurities Welcomes Team from TRU Trading, LLC
Amarillo-Based Firm Specializes in Commodities Trading, Risk Management and Hedging Solutions
DALLAS, July 16, 2021 –Hilltop Securities Inc. (HilltopSecurities) today announced that Amarillo-based TRU Trading, LLC is joining the firm effective July 30, 2021. Led by co-founders Brock Thompson and Will Snead, TRU Trading specializes in commodities trading, risk management, and hedging solutions. It was founded in 2012 and includes a team of nine professionals. The team will maintain its offices in Amarillo and continue to provide its full suite of services as part of HilltopSecurities’ commodities division.
“The addition of Brock, Will, and the entire team from TRU Trading marks the beginning of a new chapter for HilltopSecurities’ commodities business,” said HilltopSecurities President and CEO Brad Winges. “We are excited to welcome such an accomplished group of professionals whose commodities experience aligns well with our plans for growing this division.”
“This transition marks a significant milestone in our firm’s history and presents promising new opportunities to expand our business and continue providing our clients with the highest level of service,” Thompson said. “HilltopSecurities’ deep resources and relationship-based culture are a perfect fit for our team.”
About TRU Trading LLC TRU Trading was established in 2012 as a commodities brokerage firm in Amarillo, Texas, and provides risk management, brokerage, investing, and hedging solutions to farmers, ranchers, feed yards, and other agricultural operations throughout the Texas Panhandle. TRU Trading specializes in key commodity markets such as livestock, grains, cotton, and energies and assists clients in managing price risk by maximizing marketing and hedging strategies specifically tailored to their business. The brokers at TRU Trading leverage years of advisory and trading experience paired with deeply rooted knowledge and lifelong backgrounds in the management of various agricultural businesses.
About Hilltop Securities Inc. Hilltop Securities Inc. delivers forthright advice and tailored solutions for municipal issuers, institutions, broker-dealers, and individuals. The full-service municipal investment bank and registered investment adviser is headquartered in Dallas, Texas, with offices across the United States. Areas of focus include public finance; municipal and taxable fixed income underwriting, sales, and trading; retail brokerage services; securities clearing; structured finance; and securities lending. A wholly owned subsidiary of Hilltop Holdings Inc. (NYSE: HTH), HilltopSecurities’ affiliates include Momentum Independent Network Inc., PlainsCapital Bank, and PrimeLending. Learn more at www.HilltopSecurities.com. Member: NYSE/FINRA/SIPC.
FORWARD-LOOKING DISCLAIMER This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements anticipated in such statements. Forward-looking statements speak only as of the date they are made and, except as required by law, we do not assume any duty to update forward-looking statements. Such forward-looking statements include, but are not limited to, statements concerning such things as our plans, objectives, strategies, expectations, intentions and other statements that are not statements of historical fact For further discussion of such factors, see the risk factors described in Hilltop’s most recent Annual Report on Form 10-K, and subsequent Quarterly Reports on Form 10-Q and other reports that are filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement.