{"id":17077,"date":"2010-08-04T07:33:47","date_gmt":"2010-08-04T11:33:47","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=17077"},"modified":"2010-08-04T07:51:24","modified_gmt":"2010-08-04T11:51:24","slug":"hedge-fund-broker-lighthouse-suspends-trading-activities","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2010\/hedge-fund-broker-lighthouse-suspends-trading-activities.html","title":{"rendered":"Hedge Fund Broker Lighthouse Suspends Trading Activities"},"content":{"rendered":"<p><a href=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/08\/diff-lighthouse-wave1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-medium wp-image-17085\" title=\"Lighthouse\" src=\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/08\/diff-lighthouse-wave1-292x300.jpg\" alt=\"\" width=\"292\" height=\"300\" srcset=\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/08\/diff-lighthouse-wave1-292x300.jpg 292w, https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2010\/08\/diff-lighthouse-wave1.jpg 378w\" sizes=\"auto, (max-width: 292px) 100vw, 292px\" \/><\/a>New York (HedgeCo.net) &#8211; New York-based Lighthouse Financial Group has suspended their trading activities until further notice, effective August 3rd 2010, according to the hedge fund brokers&#8217; website.<\/p>\n<p>Lighthouse became a subsidiary of Lighthouse Global Partners, LLC in 2005, the shutdown includes the Lighthouse Prime Services unit.<\/p>\n<p>According to hedge fund and private equity news source <a href=\"http:\/\/www.finalternatives.com\/node\/13406\" target=\"_blank\">FINalternatives<\/a>, the firm has been unable to make payroll, and has informed clients that they could only sell assets through the firm.<\/p>\n<p>&#8220;A different source close to the firm says that Lighthouse is in talks with a boutique firm that has eyes on becoming a much larger player and is making a bid for all of the divisions, and an announcement could come as early as this afternoon.&#8221; FINalternatives said.<\/p>\n<p>Alex Akesson<br \/>\nEditor for <a title=\"hedge funds\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a><br \/>\n<a href=\"mailto:alex@hedgeco.net\">alex@hedgeco.net<\/a><br \/>\n<a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.Net<\/a> is a premier <a title=\"hedge fund database\" href=\"http:\/\/www.hedgeco.net\">hedge fund database<\/a> and community for qualified and accredited investors only. Membership in <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">HedgeCo.net<\/a> is FREE and EASY. We also offer FREE LISTINGS for <a title=\"hedge fund\" href=\"http:\/\/www.hedgeco.net\">Hedge Funds<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (HedgeCo.net) &#8211; New York-based Lighthouse Financial Group has suspended their trading activities until further notice, effective August 3rd 2010, according to the hedge fund brokers&#8217; website. Lighthouse became a subsidiary of Lighthouse Global Partners, LLC in 2005, the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16005,3],"tags":[],"class_list":["post-17077","post","type-post","status-publish","format-standard","hentry","category-developing-stories","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17077","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=17077"}],"version-history":[{"count":7,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17077\/revisions"}],"predecessor-version":[{"id":17087,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/17077\/revisions\/17087"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=17077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=17077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=17077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}