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VanthedgePoint Selects Neovest as Electronic Trading Platform
Small Hedge Fund Clients Gain Access to Powerful Electronic Trading
NEW YORK, NEW YORK, May 2, 2006 – VanthedgePoint Group, Inc., an integrated financial services firm catering to small hedge funds, today announcing it has selected Neovest, a sophisticated electronic trading platform, to be the execution system for its wholly owned broker/dealer subsidiary VanthedgePoint Securities LLC.
“Through our integrated platform clients now have an electronic execution and order management platform in Neovest that can provide them access to every major pool of liquidity,” said Geoffrey M. Tudisco, CEO and founder of VanthedgePoint Group, Inc. “By offering sophisticated technology like Neovest, we continue helping level the playing field between large and small hedge funds, which gives our clients a better chance of attracting assets and building a successful business.”
“VanthedgePoint has a unique offering within the hedge fund marketplace, and it is our pleasure to provide the advanced trading tools and seamless execution that their clients demand,” said Bryce Byers, managing director and chief executive officer of Neovest. “We are excited to be part of VanthedgePoint’s integrated platform, and help small hedge funds gain access to high quality, institutional tools like Neovest.”
In March, VanthedgePoint announced the establishment of a trade execution relationship with Susquehanna Financial Group LLLP, which is already available to clients as an execution venue within Neovest.
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. Additional information about the firm is available at www.vanthedgepoint.com.
About Neovest
Neovest, a wholly-owned subsidiary of JPMorgan Chase & Co. (NYSE: JPM), provides a comprehensive suite of financial technology services to the buy- and sell-side communities. Neovest's technology encompasses direct market access, advanced order management, real-time market data, and advanced analytics in a comprehensive and robust application, which includes advanced ECN and exchange aggregation, broker routing, crossing, and algorithmic order routing aggregation. Tightly integrated with these features is Neovest's industry leading analytics platform, which includes superior charting, quotes, news, filtering/reverse filtering, and advanced alerting. Other Neovest features include basket/list trading, order slicing, options execution, portfolio/risk management, and allocation and bunching capabilities. Information about the company is available at www.neovest.com.
Media contact:
Geoffrey M. Tudisco
Chief Executive Officer
VanthedgePoint Group, Inc.
(212) 514-8639
info@vanthedgepoint.com
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