Virtual Brokers Fills Hedge Fund Service Gap with High-end Tech and Competitive Commissions

Date: Thursday, April 29, 2010
Author: Press Release

It’s no secret to anyone who follows investment strategies that it’s been an interesting couple of years for hedge fund managers, to say the least. While the recent credit crisis south of the border saw some hedge fund managers left near penniless, others reported billion-dollar paydays as recent as April 2010.

One respected brokerage firm in Canada wants to help narrow the gap for those in the $10 million to $50 million hedge fund range and they’re stepping in to give hedge fund managers some of their edge back with a flexible, competitive commission structure and robust technology.

“Despite the number of brokerages in operation, there is a significant void in service for professional, active traders and hedge funds under $50 million,” says Bardya Ziaian, President and CEO of Virtual Brokers. “Our aim is to fill this gap by using our robust technology and deep understanding of financial markets to increase efficiency, reduce costs, and make seemingly difficult tasks easy for our clients.”

Virtual Brokers is the self-directed division of BBS Securities Inc. The two were formed to address gaps in service, pricing and technology in the brokerage industry. Virtual Brokers specializes in providing trade execution services to sophisticated traders and money managers who demand excellence in service, technology and pricing in the $10 million to $50 million hedge fund range.

Hedge fund managers interested in best-in-class technology won’t be let down. Virtual Brokers offers hedge fund managers customized trading solutions that include dynamic algorithms, open API, and FIX connectivity a low latency and high-throughput trading infrastructure.

Ziaian notes that by offering a complete suite of integrated trading and portfolio management tools, combined with a dedicated support team and comprehensive back-office operation that’s extremely automated and efficient, Virtual Brokers is able to offer their clients the type of high-end service that’s been missing in this segment.

For more information on Virtual Brokers, visit virtualbrokers.com.