Gemini Galactic Markets, LLC 600 Third Avenue, 2nd Floor, New York, NY 10016
Gemini Galactic Markets, LLC (“Gemini Galactic”) is registered with the Securities and Exchange Commission (“SEC”) as a broker-dealer and is a member of the Financial Industry Regulatory Authority (“FINRA”) and the Securities Investor Protection Corporation (“SIPC”). Brokerage and investment advisory services and fees differ, and it is important for you to understand these differences. Free and simple tools are available to research firms and financial professionals at Investor.gov/CRS, which also provides educational materials about broker-dealers, investment advisers, and investing.
What investment services and advice can you provide me?
We offer brokerage services to retail investors. Our platform allows you to buy and sell equity securities (stocks and exchange-traded funds) in a self-directed Investing Account. All orders placed through your account are unsolicited—meaning they are based entirely on your own investment decisions. We do not provide investment advice, make recommendations, or manage your investments on a discretionary basis. Your Investing Account is a cash account. We do not currently offer margin lending, options trading, or other complex products.
We use Apex Clearing Corporation ("Apex") as our clearing and custodial firm. Apex holds your securities and cash, clears and settles your trades, and maintains the books and records for your account. We do not monitor your portfolio or alert you to changes in your investments on an ongoing basis.
Given my financial situation, should I choose a brokerage service? Why or why not?How will you choose investments to recommend to me?What is your relevant experience, including your licenses, education, and other qualifications? What do these qualifications mean?
What fees will I pay?
Transaction-based fees. We currently charge no commissions on equity trades. Regulatory transaction fees (SEC fees and FINRA Trading Activity Fees) apply to sell orders and will be passed through to you.
Other fees. You may incur fees for transferring your account to another firm, paper statement delivery, or other account services. A complete schedule of fees is available at https://www.gemini.com/fees. You will pay fees whether or not you make money on your investments. Fees will reduce the return on your investments. The more you trade, the more fees you may pay. You should therefore consider whether frequent trading is consistent with your investment goals.
Help me understand how these fees and costs might affect my investments. If I give you $10,000 to invest, how much will go to fees and costs, and how much will be invested for me?
What are your legal obligations to me when providing recommendations? How else does your firm make money and what conflicts of interest do you have?
When we provide recommendations: Because your account is entirely self-directed, we do not make investment recommendations to you. We do not solicit your orders or suggest specific securities for you to buy or sell. Accordingly, Regulation Best Interest does not apply to individual trade decisions in your account. However, we are required to act in your best interest when we recommend that you open a brokerage account with us.
Our interests and conflicts: Gemini Galactic is an affiliate of Gemini Space Station, Inc. and its subsidiaries, which operate a digital asset trading platform and a prediction market, among other activities. This affiliation may create incentives for us to direct your attention to affiliated products or services. We have policies in place designed to manage these conflicts.
We may receive payment for order flow—compensation from market centers for routing your orders to them. This creates a potential conflict of interest because we may have a financial incentive to route orders in ways that benefit us rather than you. Details about our order routing practices are available in our User Agreement , and our clearing broker’s SEC Rule 606 disclosures can be found here . We may also receive compensation for other activity in your account, such as revenue from fully paid securities lending in your account, if you agree to an agreement with Apex to lend your fully paid securities. Apex, our clearing firm, may also receive compensation in connection with clearing and settling your transactions.
How might your conflicts of interest affect me, and how will you address them?
Do you or your financial professionals have a legal or disciplinary history?
Visit Investor.gov/CRS for a free and simple search tool to research Gemini Galactic and our financial professionals.
As a financial professional, do you have any disciplinary history? For what type of conduct?
Additional Information
For additional information about our brokerage services, please visit gemini.com or contact us at support@gemini.com . If you have a complaint, you may contact us at support@gemini.com. You may also contact FINRA at 1-844-574-3577 or FINRA.org, or the SEC at 1-800-SEC-0330 or Investor.gov. To request a copy of this Relationship Summary or other relationship information, please contact us at support@gemini.com.
Who is my primary contact person? Is he or she a representative of an investment adviser or a broker-dealer? Who can I talk to if I have concerns about how this person is treating me?
