ERS Sets Broker-Dealer Trading Requirements

ERS allows staff to use broker-dealers for trade execution and related services. Approved firms must meet registration, capital, and execution standards set in the policy.

Document date · August 25, 2026

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Scope & details

The full contract record, as filed.

Contract type

FINANCIAL_SERVICES

Renewal

Firms may be approved or remain approved based on continuing compliance with requirements, but no named vendor or renewal term is given.

Document type

Policy

Source document

Employees Retirement System of Texas Policy Investment Policy Statement 2026-08-25

Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by TX-State-Employees Retirement System?

BROKERS/DEALERS was awarded this financial services contract by TX-State-Employees Retirement System, as recorded on August 25, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a policy record.

Where was this contract approved?

This contract appears in Employees Retirement System of Texas Policy Investment Policy Statement 2026-08-25 (Policy), dated August 25, 2026 from TX-State-Employees Retirement System. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does BROKERS/DEALERS hold?

BROKERS/DEALERS may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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What is TX-State-Employees Retirement System currently buying?

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