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

Hedge Fund Veteran Peter Borish Talks Trading

Dec 17 2014 | 9:32am ET

Peter Borish says 2014 was “tricky” from a trading perspective. “The best...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.