|
Small and Emerging Hedge Funds Gain Access to Institutional
International Equities and Futures Trading Capabilities
VanthedgePoint Expands Service Offering
NEW YORK, NEW YORK, November 14, 2006 – VanthedgePoint Group, Inc., an integrated financial services firm catering to small and emerging hedge funds, announced today that its wholly owned registered broker/dealer subsidiary, VanthedgePoint Securities LLC has added international equities trading, and that its wholly owned subsidiary VanthedgePoint Futures LLC completed registration with the NFA to offer its customers an integrated solution that includes futures trading.
"Over the past few months we gathered feedback from both our existing clients and prospects to identify their most pressing needs," said Geoffrey M. Tudisco, CEO and founder of VanthedgePoint Group, Inc. "International equities and futures trading were among the most requested capabilities, so we set out to integrate these investment products to deliver an ever more comprehensive, high quality platform for small and emerging hedge funds."
As part of the VanthedgePoint’s service expansion, it also announced plans to open a European office to support both overseas customers as well as customers trading international markets. "Establishing a local presence in Europe makes sense for customer service, operational and economic reasons given the strong demand we have from overseas hedge funds and existing customers asking for access to international trading," said Mr. Tudisco. The firm plans to open its European office in the first quarter of 2007, and is investigating options for further overseas expansion. The location of VanthedgePoint's European office has not been announced.
VanthedgePoint launched in the second quarter of 2006, with the goal of leveling the playing field between small and emerging hedge funds and their larger multi-billion brethren. VanthedgePoint employs a patent pending business model to create economies of scale that result in improved operational efficiencies and lower costs for its clients. The result is a hedge fund that has lower operational risk and a reduced cost structure, which makes it more attractive to potential investors. Starting with U.S. equity execution, VanthedgePoint soon added U.S. options execution to its integrated platform. Now, VanthedgePoint offers customers a comprehensive solution that includes international equities and futures execution, and more products and services are already in development.
About VanthedgePoint
VanthedgePoint Group, Inc., is an integrated financial services holding company focused on delivering products and services to empower small and emerging hedge funds. VanthedgePoint Group operates three wholly owned subsidiaries: VanthedgePoint Securities LLC, a registered broker/dealer (Member FINRA/SIPC), VanthedgePoint Futures LLC (Member NFA) 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.
Media contact:
Geoffrey M. Tudisco
Chief Executive Officer
VanthedgePoint Group, Inc.
(212) 514-8639
info@vanthedgepoint.com
|
|