BTIG Adds JP Morgan Clearing To Prime Brokerage Platform

May 12 2011 | 11:32am ET

BTIG, a broker-dealer catering to the alternative investment space, has added J.P. Morgan Clearing to its prime brokerage platform as clearing agent and custodian.

J.P. Morgan Clearing is the second clearing agent and custodian on BTIG’s platform, the first being Goldman Sachs Execution & Clearing. Brian Petitt, co-head of prime brokerage at BTIG, says being able to offer both helps BTIG “stay ahead of our competition and provide the best possible solutions for our clients.”

Established eight years ago, BTIG’s prime brokerage division is used by over 300 investment managers as their prime brokerage.

Justin Press, co-head of prime brokerage at BTIG, said, “We are very excited to add J.P. Morgan to our platform. I can’t think of two better custodial providers in the market. Both J.P. Morgan and GSEC have a long history in prime brokerage and both support the introducing broker market.”
 
BTIG, including through its affiliates, employs more than 400 professionals in five different countries.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...

 

From the current issue of