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

Royalties: The Alternative Assets of the Music Industry

Jul 8 2016 | 7:01pm ET

Recent market volatility has investors seeking greater insight into alternative...

Lifestyle

Vortic: Making Great American Watches Again

Jul 25 2016 | 6:29pm ET

If you are compelled by stories of entrepreneurial vision & drive, or simply...

Guest Contributor

MPI: Like Stellar Returns? Better Understand the Risks First

Jul 22 2016 | 8:44pm ET

When the press reports extraordinarily strong relative or risk-adjusted returns...