LaBranche and Co Inc.

LaBranche & Co, Inc. (LaBranche) is a broker-dealers of the US. The company operates primarily through its subsidiaries. It is a parent company of LaBranche & Co. LLC, which is a one of the largest Specialists in equity securities listed on the New York and American Stock Exchanges. It`s another subsidiary LaBranche Structured Products, LLC (LSP) is a specialist and market-maker in options, exchange-traded funds (ETF) on various exchanges and futures. LaBranche Financial Services, Inc. (LFSI) which is another subsidiary of the company provides securities execution, clearing and direct-access floor brokerage services to institutional investors. LaBranche which acts as a Specialists, plays an integral role in both the NYSE and the AMEX floor-based trading auction model by acting as the exclusive broker (i.e., agent) or market-maker (i.e., principal) in our portfolio of listed company stocks and options. The company offers services to various sectors such as financial services, retail, telecommunications, media, technology, and oil and gas. LaBranche has operations in the US, Netherlands, the UK and Hong Kong. The company is headquartered at New York, the US.The company reported revenues of (U.S. Dollars) USD 224.15 million during the fiscal year ended December 2008, a decrease of 50.05% from 2007. The operating loss of the company was USD 114.38 million during the fiscal year 2008, as compared to an operating loss of USD 521.73 million during 2007. The net loss of the company was USD 65.96 million during the fiscal year 2008, as compared to a net loss of USD 350.47 million during 2007.