VanthedgePoint and Susquehanna have agreed a new distribution alliance providing high-end, institutional-quality trade execution to smalPARA_BREAK_SENTINEL_9f8e7d6c VanthedgePoint and Susquehanna have agreed a new distribution alliance providing high-end, institutional-quality trade execution to small hedge funds. For more information on Trading & Execution and related articles, please click here
Under the terms of a new agreement between VanthedgePoint Securities LLC, the wholly owned broker/dealer subsidiary of VanthedgePoint Group, and institutional sales, research, market making and advanced electronic trading firm, Susquehanna, VanthedgePoint Securities' clients will be able to place orders which will be executed through Susquehanna's advanced trading systems.
'VanthedgePoint continues to strengthen its integrated platform by adding the powerful trade execution capabilities of Susquehanna,' says Geoffrey M Tudisco, CEO and founder of VanthedgePoint Group LLC. 'Establishing a relationship with a firm of Susquehanna's calibre 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.'
David Margulies, Head of Sales for Algorithmic and Program Trading for Susquehanna, adds: 'We are very excited to be working with VanthedgePoint to deliver our institutional execution capabilities to their clients. 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.'
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