NorthPoint Trading Expands To New Canaan, Chicago

Jan 22 2009 | 10:24am ET

Prime brokerage firm NorthPoint Trading Partners is expanding its operations with two new offices.

The firm recently expanded to New Canaan, Conn., and is slated to set up shop in Chicago this quarter.
 
Founded by former Neovest executives after the sale of Neovest to J.P. Morgan in 2004, NorthPoint Trading has experienced significant growth in clients and in its infrastructure over the last year.

"Many of our clients didn’t realize the tools or level of service available to them, and once they see a demo of our platform, they are easily convinced that we will be an asset their firm,” Douglas Nelson, chief executive officer, said. “We felt from the beginning that the way to build the best product for our clients was to assemble all of the best third parties into one integrated service, rather than attempt to build it all in house.  It is exciting to see our vision come to reality, as we feel confident that we offer the most advanced platform with the best service and support available in the industry today.”

NorthPoint also has offices in San Diego. The firm currently services over 100 hedge funds and mutual funds via its prime brokerage and agency trading capabilities, trading a broad range of investment vehicles including equities, options and futures.


In Depth

Prominent Hedgie Renee Haugerud Embroiled in Ugly Child Custody Battle

Sep 10 2014 | 2:43pm ET

A high-profile hedge fund manager is caught up in a nasty child custody battle in...

Lifestyle

Full House’s Stamos To Play TV Hedge-Fund Manager

Sep 5 2014 | 4:43am ET

The life of a Connecticut hedge-fund billionaire is coming to the small screen.

Guest Contributor

The Cult of Loss Aversion: A Call to Rethink Risk in Global Macro Investing

Sep 4 2014 | 5:45am ET

In the wake of a traumatic loss, whether it is financial or personal, it is just...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

In search of the ‘new normal’ at the Fed

The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?

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.