Merlin Launches Trading Desk

Sep 30 2006 | 9:11am ET

Broker-dealer Merlin Securities has launched an outsourced trading desk to provide buy-side trading to its hedge fund prime brokerage clients. The service, which launched last week, is aimed primarily at smaller hedge funds.

“We are always looking for new ways to support our client’s needs and aspirations,” said Managing Director John Quartararo. “The addition of our buy-side desk to our larger trading platform was a clear step in that direction.”
 
About a half-dozen clients are already using the desk, which is manned by new hires Dean Brierly, Christopher Martin and Gordon Lee, all of whom formerly worked at Banc of America’s prime trading group.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of