HedgeCo.net — ATLANTA, GA (PRWEB) November 1, 2006 — NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company, has today announced connectivity with PipelineTrading Systems, an anonymous and secure block trading venue.
This connection provides NorthPoint Trading Partners’ prime brokerage clients, who are typically small to mid-sized hedge funds, with access to Pipeline’s leakproof block trading system. One of the ways NorthPoint Trading Partners distinguishes its company from other service providers is to offer high-touch, low cost services and analytic tools.
“Our goal is to provide our customers the best technology, best execution, and best service available, and the Pipeline marketplace offers an excellent venue for traders working larger orders,” said Douglas Nelson, Chief Executive Officer of NorthPoint Trading Partners, LLC.
Pipeline offers a unique electronic platform where block traders can enter firm orders for large blocks of stock without the fear of the predatory practices that can occur in traditional trading venues. While Pipeline reduces such predation to the point of extinction, it expands a trader’s control in an auto-ex environment.
NorthPoint Trading Partners LLC NorthPoint Trading Partners, LLC offers a complete package of direct access trading platforms, including REDIPlus®, GSEC’s multi-product electronic trading platform that allows clients to trade across different markets and asset classes – from equities to options, to foreign exchange.
Through a fully disclosed clearing relationship with Goldman Sachs Execution and Clearing, L.P. (GSEC), clients receive the benefits of boutique firm service and pricing, combined with GSEC’s professional clearing and prime brokerage services, integrated portfolio and trading functionality, suite of pre- and post-trade analytics, and direct access to the Goldman Sachs & Co.’s securities lending group.
In addition to electronic trading platforms, customers have access to a staff of experienced traders that have worked together for years and are very accessible and professional. For more information visit: www.nptradingpartners.com.
About Pipeline Trading Systems LLC New York City-based Pipeline Trading Systems LLC is a registered broker-dealer and operator of Pipeline, an Alternative Trading Systems (ATS) that enables institutions and brokerage firms to quickly and efficiently trade large blocks of NYSE, AMEX, NASDAQ listed issues, ADRs, and Exchange Traded Funds (ETFs). To date, Pipeline’s fill rates and the percentage of trades executing within the National Best Bid and Offer have both been strong. While Pipeline expects these trends to continue, we do not guarantee similar performance in the future. Although there has been no indication to date, high volumes, congested network or system access, and price volatility may impede trading activities and performance. Pipeline Trading Systems LLC is a member of the NASD and SIPC. For more information, visitwww.pipelinetrading.com.
Press Contact: Douglas Nelson Company Name: NorthPoint Trading Partners, LLC Email: email protected from spam bots Phone: 678-405-4200 Website: www.nptradingpartners.com
