HOUSTON, Sept. 5, 2017 : U.S. Capital Advisors LLC ("USCA") announced today that they will be donating all of the firm's gross institutional trading commissions generated on Wednesday, September 6th, to the United Way of Greater Houston's Flood Relief Fund.
One hundred percent of donations to the United Way Relief Fund will go to meet storm-related needs and recovery in Houston and the surrounding areas.
David King, Managing Partner and cofounder of U.S. Capital Advisors, commented, "As a Houston-based firm, we have seen firsthand the devastation that Hurricane Harvey unleashed on Houston and surrounding areas. This is a very resilient city, but it will be a very long and difficult road back to normalcy for tens of thousands of Houstonians who have been displaced by and/or suffered damage from the storm. In addition to the direct financial contributions being made by many of our employees, we viewed the additional donation of all the firm's institutional client trading revenue from Wednesday, September 6th, as a way we could partner with our clients to provide additional and immediate funds for victims of Hurricane Harvey."
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