NorthPoint Trading Sets Up Shop In Windy City

Jun 2 2009 | 10:27am ET

Prime brokerage firm NorthPoint Trading Partners is expanding its footprint with a new office in Chicago.

Michael Ferro has been tapped to run the office, which will provide service and support to NorthPoint Trading's growing customer base in the region.

"As we continue to expand our presence nationwide, we are very fortunate to have someone with Michael's talent and experience join our team," said Douglas Nelson, chief executive officer of NorthPoint Trading.

A 12 year industry veteran, Ferro has held positions at Genworth Financial, Knight Capital Markets and X-Change Financial Access. He is experienced in both the trading and operations aspects of the buy- and sell-sides.

Earlier this year, Atlanta-based NorthPoint Trading opened an office in Connecticut. 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

Don’t Overlook These 6 Hybrid Cloud Concerns

Sep 14 2017 | 6:27pm ET

Cloud-based technology solutions have made tremendous inroads into the alternative...

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

Cash: An Asset In Adolescence

Aug 31 2017 | 3:34pm ET

If the investment industry has a rebellious teenager in the house today, that teenager...

 

From the current issue of