Prime brokerage

Matrixport Unveils 'Phoenix Prime' to Pioneer Next-Gen Crypto Prime Brokerage Era

Retrieved on:

Wednesday, April 3, 2024

OKX, Bybit, FIX, KYC/AML, Prime brokerage, Ultra, Smart, Cryptocurrency

SINGAPORE, April 3, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime. This breakthrough offers the first unified access to the crypto market, featuring a tech-enhanced trading infrastructure with minimal microsecond latency, and a quant-driven, capital-efficient system via the FIX protocol.

Key Points:

The world's first prime broker offering seamless, ultra-fast access to aggregated liquidity from crypto exchanges across the spot, perpetuals and futures markets through FIX connectivity
SINGAPORE, April 3, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime .
Powered by an advanced Smart Order Router (SOR), Phoenix Prime grants trading firms unparalleled, very low latency access to spot, perpetual swaps and dated futures liquidity from Binance, OKX, and Bybit.
With its tech-powered and quant-driven prime brokerage offering, Phoenix Prime is anchored under the three pillars of excellence: Ultra-fast speed, cost-effectiveness and convenience.
Daniel Egloff, Matrixport's Global Head of Prime Brokerage said, "As the market evolves, the crypto prime brokerage value proposition will move beyond the primitive business model of renting out exchange sub-accounts.

Matrixport Unveils 'Phoenix Prime' to Pioneer Next-Gen Crypto Prime Brokerage Era

Retrieved on:

Wednesday, April 3, 2024

OKX, Bybit, FIX, KYC/AML, Prime brokerage, Ultra, Smart, Cryptocurrency

SINGAPORE, April 2, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime. This breakthrough offers the first unified access to the crypto market, featuring a tech-enhanced trading infrastructure with minimal microsecond latency, and a quant-driven, capital-efficient system via the FIX protocol.

Key Points:

The world's first prime broker offering seamless, ultra-fast access to aggregated liquidity from crypto exchanges across the spot, perpetuals and futures markets through FIX connectivity
SINGAPORE, April 2, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime .
Powered by an advanced Smart Order Router (SOR), Phoenix Prime grants trading firms unparalleled, very low latency access to spot, perpetual swaps and dated futures liquidity from Binance, OKX, and Bybit.
With its tech-powered and quant-driven prime brokerage offering, Phoenix Prime is anchored under the three pillars of excellence: Ultra-fast speed, cost-effectiveness and convenience.
Daniel Egloff, Matrixport's Global Head of Prime Brokerage said, "As the market evolves, the crypto prime brokerage value proposition will move beyond the primitive business model of renting out exchange sub-accounts.

Redfin Announces ‘Sign & Save’ Program, Helping Homebuyers Save Thousands

Retrieved on:

Thursday, February 1, 2024

REIT, Finance, Professional Services, Residential Building & Real Estate, Construction & Property, Housing, City, Negotiation, Sale, Publishing, Sign, System, Prime brokerage, Real estate

(NASDAQ: RDFN) — Redfin ( www.redfin.com ) today announced Sign & Save, a new way for consumers to get a better deal in real estate.

Key Points:

(NASDAQ: RDFN) — Redfin ( www.redfin.com ) today announced Sign & Save, a new way for consumers to get a better deal in real estate.
Homebuyers who sign up to work with a Redfin agent before the second tour can get a refund of 0.25 - 0.5% of the purchase price at closing.
We started piloting Sign & Save in a handful of cities in September and the customer response has been fantastic.
For customers who purchase a luxury home through Redfin’s Premier service, Redfin offers a 0.5% Sign & Save refund.

Velocity Clearing and Raymond James Announce Prime Brokerage Services Referral Agreement

Retrieved on:

Wednesday, January 24, 2024

Professional Services, Business, Other Professional Services, Finance, Fintech, Banking, Research, Prime brokerage, PB, Raymond James Financial, RJF, Financial services

Velocity Clearing LLC , a global financial services technology company, today announced it has entered into a Prime Brokerage services referral agreement with Raymond James Financial (NYSE: RJF), a leading diversified financial services company.

Key Points:

Velocity Clearing LLC , a global financial services technology company, today announced it has entered into a Prime Brokerage services referral agreement with Raymond James Financial (NYSE: RJF), a leading diversified financial services company.
The agreement allows for Raymond James institutional sales and sales traders to introduce Velocity Prime Brokerage Services to their institutional client base of hedge funds and other professional fund managers.
Velocity’s prime brokerage offering includes core custody, clearance & settlement, financing and securities lending that can complement the premier equity research, analyst access and corporate access offered by Raymond James.
“Velocity’s Prime Brokerage offering is a meaningful value-add option for our institutional client partnerships,” said David De Luca, Global Head of Equities for Raymond James.

Institutional Crypto Brokerage Nonco Secures $10m of aggregate new capital in Seed Round, Led by Valor Capital Group and Hack VC

Retrieved on:

Monday, December 11, 2023

Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.

Key Points:

Nonco, an institutional digital asset brokerage firm, announced the close of its seed round today, in which it received a total of $10m of aggregate new capital.
The seed round was a combination of equity and convertible notes, the round was led by Valor Capital Group and Hack VC.
The capital will be used by Nonco to continue its growth and serve the Americas growing institutional demand.
Fernando Martinez, CEO of Nonco, said: “We want to make a statement, and it begins with our name, Nonco, derived from 'nonconformist.'

The Wall Street Technology Association (WSTA) is Pleased to Welcome Ranjit S. Samra, Managing Director, JPMorgan Chase, to its 2023 Board of Directors

Retrieved on:

Wednesday, October 18, 2023

NEW YORK, Oct. 18, 2023 /PRNewswire-PRWeb/ -- The Wall Street Technology Association (WSTA®), a not-for-profit financial services organization that provides technology and business professionals a forum to learn from and connect with each other, is pleased to welcome Ranjit S. Samra, Managing Director, JPMorgan Chase, to its 2023 Board of Directors.

Key Points:

The Wall Street Technology Association (WSTA®), a not-for-profit financial services organization that provides technology and business professionals a forum to learn from and connect with each other, is pleased to welcome Ranjit S. Samra, Managing Director, JPMorgan Chase, to its 2023 Board of Directors.
NEW YORK, Oct. 18, 2023 /PRNewswire-PRWeb/ -- The Wall Street Technology Association (WSTA®), a not-for-profit financial services organization that provides technology and business professionals a forum to learn from and connect with each other, is pleased to welcome Ranjit S. Samra, Managing Director, JPMorgan Chase, to its 2023 Board of Directors.
Ranjit Samra is the Head of Technology for J.P. Morgan Wealth Management at JPMorgan Chase (JPMC).
Ranjit joined JPMC in March 2018, as the Head of Controls, Legal and Regulatory Technology in Corporate Technology.

Wedbush Securities Welcomes Adam Greenberg as its new VP, Prime Brokerage

Retrieved on:

Tuesday, August 1, 2023

Banking, Asset Management, Professional Services, Finance, Wells Fargo, Security (finance), Series 7, Bentley University, Prime brokerage, Multimedia, Barclays, Financial services, Wedbush Securities

Wedbush Securities , one of the nation’s leading diversified, independent financial services providers, is proud to announce the appointment of Adam Greenberg as Vice President of Prime Brokerage in the firm’s New York office.

Key Points:

Wedbush Securities , one of the nation’s leading diversified, independent financial services providers, is proud to announce the appointment of Adam Greenberg as Vice President of Prime Brokerage in the firm’s New York office.
In his role, Greenberg will utilize his extensive network of hedge fund and service providers to generate exclusive opportunities for the firm’s prime brokerage clients.
He initially embarked on his journey in the prime space at Barclays, before moving on to Wells Fargo Securities and Clear Street, prior to joining Wedbush Securities in 2023.
“Collaboration and excellence are at the core of our prime brokerage business,” stated Greenberg.

Tech Wiz-Turned-Realtor: Former Computer Programmer Tops Real Estate Buyers Agents with Recent Sale of St. Pete's Most Expensive Condo

Retrieved on:

Monday, June 19, 2023

Database, Specialization, Marketing, Research, Parkshore Plaza, Sale, Prime brokerage, Growth, Real estate, Sales

ST. PETERSBURG, Fla., June 19, 2023 /PRNewswire-PRWeb/ -- The $6,525,000 closing price of a Parkshore Plaza condo in May set the record as the highest-price condo in St. Petersburg ─ eclipsing the fact that the unit's buyers agent, Anna Dementov, has sold $22 million in residential real estate deals in the hot Florida markets of St. Petersburg and Clearwater in the last few months. Landing her in the top 1% of residential agents in Tampa Bay, her trajectory now predicts that she will close $60 million in 2023 ─ despite the fact that the inventory of active listings is now roughly 50 percent lower than before the pandemic. Even with some challenges, real estate leaders in the Midwest say Florida remains a hot spot nationally. (1) "The growth of the Florida pipeline remains strong in spite of challenges with the economy nationally, and I am personally seeing a steady stream of interested sellers and buyers" notes Anna Dementov of Florida Luxury Group.

Key Points:

A former computer programmer transitioned into a successful real estate career 10 years ago.
Now she is Florida's Top Buyers Agent, achieving a remarkable feat by setting a record with the highest-priced condo sale in St. Petersburg at $6.5 million in May 2023.
Even with some challenges, real estate leaders in the Midwest say Florida remains a hot spot nationally.
Her "off-market deals" strategy, which comprised 50% of her business in 2021, has become a game-changer in the industry.

BTIG Named Best Outsource Trading Provider by Hedgeweek

Retrieved on:

Monday, June 12, 2023

Banking, Professional Services, Finance, Best, Research, Bloomberg, Capital introduction, Entrepreneurship, Commissioning management systems, Prime brokerage

BTIG’s Outsource Trading group has been named the Best Outsourced Trading Provider by Hedgeweek’s Americas Awards 2023.

Key Points:

BTIG’s Outsource Trading group has been named the Best Outsourced Trading Provider by Hedgeweek’s Americas Awards 2023.
Our seasoned team of outsource trading professionals provide comprehensive solutions for our clients including seamless multi-product trading and differentiated market insights.
We are so proud of the team’s collaboration, dedication and hard work,” said Chris Casanovas, Head of BTIG Outsource Trading.
BTIG is a leading provider of Outsource Trading for emerging and established fund managers.

Genesis Expands Custodial Tri-Party Solution by Forming Collaboration with BitGo Custody

Retrieved on:

Wednesday, March 29, 2023

Cryptocurrency, Professional Services, Finance, Insurance, Partnership, BitGo, Policy, Trust, SOC, GGC, SOC 2, Risk, International (Amtrak train), Prime brokerage, Financial services, Genesis

"Genesis and BitGo's tri-party solution will allow market participants to mitigate counterparty risk while accessing Genesis' robust liquidity, best-in-class pricing, execution and market access services,” said Josh Barkhordar, Head of Americas, Sales at Genesis.

Key Points:

"Genesis and BitGo's tri-party solution will allow market participants to mitigate counterparty risk while accessing Genesis' robust liquidity, best-in-class pricing, execution and market access services,” said Josh Barkhordar, Head of Americas, Sales at Genesis.
This new collaboration with BitGo will allow Genesis to remain at the forefront of the industry as clients seek to manage risk with a regulated, qualified custodian."
As recent events have damaged trust and shifted focus to managing counterparty risk, this collaboration meets the growing institutional demand for a custodial tri-party solution.
The collaboration of these two industry leading firms will combine the security from BitGo's tri-party solution with access to Genesis' deep liquidity and seasoned trading desk.