Need recommendations for prime broker/custodian

Discussion in 'Order Execution' started by qwerty14, Aug 2, 2017.

  1. qwerty14

    qwerty14

    We are a small size hedge fund with about $50mm AUM and need to get a new prime broker/custodian and execution provider. We are looking at Wedbush/Lime but would also like to evaluate other options. Please suggest.
     
  2. Robert Morse

    Robert Morse Sponsor

    qwerty14,

    My name is Robert Morse and I’m with Lightspeed Institutional. We are Introducing Brokers to Wedbush Securities and provide a variety of solutions for small and medium-sized Hedge Funds, CTAs, CPOs, Trading Groups and Active Traders.

    If you email me your contact information, I can call you to discuss our offering. Even though we clear at Wedbush, our services are a little different.

    Bob
     
  3. drm7

    drm7

    You seem to be right down Interactive Brokers' alley. They are scooping up a lot of small hedge funds that have been turned down by the larger primes. Great balance sheet and rock-bottom costs, but people seem to have a love/hate relationship with the firm. Clunky platform.

    (I have no business relationship with IB. Former retail customer a LONG time ago)
     
  4. JackRab

    JackRab

    I think they are looking for something more prime than IB