{"id":5459,"date":"2006-12-26T00:00:00","date_gmt":"2006-12-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"northpoint-offers-commission-sharing-arrangements-to-clients","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2006\/northpoint-offers-commission-sharing-arrangements-to-clients.html","title":{"rendered":"Northpoint offers Commission Sharing Arrangements to Clients"},"content":{"rendered":"<p>  HedgeCo Networks &#8211; NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company, has today announced that it has begun offering its clients the ability to utilize  NorthPoint\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s world class trading and execution services to pay for a wide variety of global research services through Commission Sharing Arrangements (CSA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s).<\/p>\n<p>  CSA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s are a way to unbundle execution costs from research costs. They are seen by many as a more transparent way for asset management companies to pay for 3<sup>rd<\/sup> party research while  upholding their fiduciary responsibility as far as best execution.<\/p>\n<p>  \u00c3\u00a2\u00e2\u201a\u00ac\u00c5\u201cHaving built our reputation as a premier execution desk, we are pleased to be able to offer our clients the ability to utilize our services to pay for 3<sup>rd<\/sup> party research. CSA\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s are a  very efficient, inexpensive, and transparent way for managers to pay for independent research while maintaining their comfort level that they are getting the very best execution services  available.\u00c3\u00a2\u00e2\u201a\u00ac\u00c2\u009d said Douglas Nelson, Chief Executive Officer of NorthPoint Trading Partners, LLC.<\/p>\n<p>  <strong>NorthPoint Trading Partners LLC<\/strong><\/p>\n<p>  NorthPoint Trading Partners, LLC offers a complete package of direct access trading platforms, including <u><a target=\"_blank\" href=\"http:\/\/www.redi.com\/\">REDIPlus\u00c3\u201a\u00c2\u00ae,<\/a><\/u> GSEC&#8217;s multi-product  electronic trading platform that allows clients to trade across different markets and asset classes &#8211; from equities to options, to foreign exchange.<\/p>\n<p>  Through a fully disclosed clearing relationship with <u><a target=\"_blank\" href=\"https:\/\/clientreporting.tech.gs.com\/Login.asp\">Goldman Sachs Execution and Clearing, L.P.<\/a><\/u> (GSEC), clients  receive the benefits of boutique firm service and pricing, combined with GSEC&#8217;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 &amp; Co.&#8217;s securities lending group.<\/p>\n<p>  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.&nbsp; For more  information visit: <u><a href=\"http:\/\/www.nptradingpartners.com\/index.html\">http:\/\/www.nptradingpartners.com\/index.html<\/a><\/u>. &nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HedgeCo Networks &#8211; NorthPoint Trading Partners LLC, a premier prime brokerage and fund services company, has today announced that it has begun offering its clients the ability to utilize NorthPoint\u00c3\u00a2\u00e2\u201a\u00ac\u00e2\u201e\u00a2s world class trading and execution services to pay for a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5459","post","type-post","status-publish","format-standard","hentry","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5459","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=5459"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/5459\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=5459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=5459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=5459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}