Hedge Fund Focus

BTIG announces that its Prime Brokerage group is expanding to offer fixed income services in conjunction with BTIG’s Global Fixed Income Group that was launched in February this year. Please see the press release below for more detail.

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BTIG Launches Fixed Income Prime Brokerage

NEW YORK-(PRNewswire)-BTIG LLC, a broker dealer specializing in institutional trading and related brokerage services, today announced that it has expanded its Prime Brokerage group to offer fixed income services, including trading and portfolio financing.

The expansion into fixed income is in conjunction with the launch of BTIG’s Global Fixed Income Group in February of this year, which focuses on sales and trading of credit products across the full credit spectrum from investment grade to distressed debt. BTIG Prime Brokerage previously covered equity and equity options and made the move to fixed income to better meet the needs of its hedge fund clients in today’s market.

“As our clients became more interested in fixed income products, we saw a huge need and opportunity to expand our services,” Justin Press, Managing Director and Co-Head of Prime Brokerage, said. “We have created a one-of-a-kind fixed income offering that will bridge the gap for hedge fund managers who have traditionally been operating in equities only.”

BTIG’s Prime Brokerage clients also benefit from the firm’s full range of expertise and services, including Outsource Trading, Market Intelligence, International Trading, and access to the Equity Derivatives team, Capital Introduction team and Commission Management services. The Prime Brokerage group was launched in January 2004 and caters to start-up and existing long/short equity hedge funds. Prime Brokerage and middle office operations have a combined 40+ professionals. The Global Fixed Income Group has added 50+ professionals since its launch earlier this year.

About BTIG

BTIG LLC is a premier institutional brokerage and fund services company. Founded in 2002 BTIG employs over 350 individuals across the country. BTIG serves over 1,200 institutional customers and offers services from five divisions: Equity Trading, Fixed Income Trading, Prime Brokerage, Outsource Trading and Direct Market Access. BTIG has offices in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Aspen and Orinda. The firm also has affiliates in London, Hong Kong, Singapore and Sydney.

BTIG LLC is a member of FINRA and SIPC

BTIG Australia Limited is a member of ASIC and ASE

BTIG Hong Kong Limited is an SFC approved broker dealer

BTIG Ltd is a member of the LSE and is authorized and regulated by the FSA

BTIG Singapore Pte Ltd is registered and licensed with MAS

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