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Small Hedge Funds Receive Institutional Execution and Research Capabilities
VanthedgePoint and Susquehanna Announce Distribution Alliance
NEW YORK, NEW YORK, March 6, 2006 – VanthedgePoint Group, Inc., an integrated financial services firm catering to small hedge funds, and Susquehanna Financial Group, LLLP, a leading institutional sales, research, market making and advanced electronic trading firm, today announced that Susquehanna and VanthedgePoint Securities LLC, the wholly owned broker/dealer subsidiary of VanthedgePoint Group, have entered an agreement to provide high-end institutional quality trade execution to small hedge funds.
“VanthedgePoint continues to strengthen its integrated platform by adding the powerful trade execution capabilities of Susquehanna,” said Geoffrey M. Tudisco, CEO and founder of VanthedgePoint Group, Inc. “Establishing a relationship with a firm of Susquehanna's caliber demonstrates their belief in the potential of our business. Together, we expect to help them gain the tools necessary to become more competitive, and more likely to succeed at building lasting businesses.”
“We are very excited to be working with VanthedgePoint to deliver our institutional execution capabilities to their clients” said David Margulies, Head of Sales for Algorithmic and Program Trading for Susquehanna, “With VanthedgePoint Groups' unique business model, we feel that they offer a unique and valuable service to an underserved segment of the hedge fund market.”
VanthedgePoint Securities clients will be able to place orders which will be executed through Susquehanna's advanced trading systems.
About VanthedgePoint
VanthedgePoint Group, Inc. is an integrated financial services company focused on delivering products and services to empower small hedge funds. VanthedgePoint Group operates two wholly owned subsidiaries: VanthedgePoint Securities LLC, a registered broker/dealer (Member FINRA/SIPC), and VanthedgePoint Technologies LLC. VanthedgePoint Group is a privately held company with principal offices located in New York, NY.
About Susquehanna
The Susquehanna International Group of Companies (SIG), a leading institutional sales, research and market making firm, offers renowned execution expertise in listed, FINRAAQ, Exchange Traded Funds (ETFs), options, program trading and American Depositary Receipts (ADRs). SIG also provides unbiased, differentiated equity research to the institutional asset management community. SIG encompasses a FINRAAQ market making operation in over 3,000 stocks, is among the nation?s largest option market makers and specialist in over 600 option classes, is the leading sector index options trading firm and is one of the largest liquidity providers in ETFs. SIG has offices in Bala Cynwyd, Boston, Chicago, Dublin, New York, Philadelphia, San Francisco, Shanghai, Stamford and Sydney. For more information, please visit www.sig.com. Susquehanna International Group, LLP (SIG) is comprised of a number of trading and investment related entities under common control, including Susquehanna Financial Group, LLP (SFG).
Media contact:
Geoffrey M. Tudisco
Chief Executive Officer
VanthedgePoint Group, Inc.
(212) 514-8639
info@vanthedgepoint.com
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