Saturday, 20 December 2014
Last updated 1 day ago
Apr 14 2010 | 11:50am ET
Prime brokerage firm NorthPoint Trading Partners and its new owner, ConvergEx Group, have rolled out an integrated prime services business.
The new model combines NorthPoint’s prime brokerage services and ConvergEx’s investment technologies, the firm said in a statement. NorthPoint clients will now have access to ConvergEx’s algorithmic trading strategies, agency liquidity services and execution desk, among other services.
“ConvergEx is known throughout the industry for its strong commitment to technological innovation and together we have deep insights into the needs of hedge funds. In fact, just between ConvergEx’s NorthPoint and Eze OMS businesses, we serve more than a half‐trillion dollars of hedge fund assets,” NorthPoint CEO Douglas Nelson said. “By offering a solution for virtually all of our clients’ needs, from start‐up services and capital introduction to advanced execution technologies, we have created a one‐stop shop that is truly unique in the marketplace and one that gives our clients a considerable edge
ConvergEx bought NorthPoint in November.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.