Tax Lien Trading Experts Launch Hybrid Brokerage--BloxTrade

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BloxTrade was developed in response to industry demand, recognizing the growing importance of personalized service for established and emerging fund managers.

BlockTrade

At a time when uncertainty is a defining element of the tax lien and financial worlds, BloxTrade delivers the level of legitimacy clients need to restore confidence in the partners they rely on.

Atrium Capital Markets Group (“ACMG”) and Tom McOsker (creator of the first tax lien secondary market at GFI Group) have partnered to form BloxTrade, the first full-service brokerage firm focused on tax lien services. BloxTrade will combine a hybrid brokerage platform built to enhance secondary market tax lien trading, with a prime services division designed to provide managers access to capital, clearing, and key relationships. The principals of ACMG and Mr. McOsker have a record of innovation, technology leadership and success in the tax lien industry.

The founders of BloxTrade believe the tax lien industry is ready for a platform that balances fund managers’ need for privacy and control with investors’ need of transparency and liquidity. “Our industry demands an institutional secondary market,” said Austin Stubaus, CEO of ACMG. “BloxTrade fills that void by building an intelligent, global network that connects fund managers, investors, lenders and service providers.” BloxTrade will bring together the fragmented market of tax lien investors to increase tradable inventory, facilitate the entry of new managers and in doing so improve the quality and availability of industry information.

“At a time when uncertainty is a defining element of the tax lien and financial worlds, BloxTrade delivers the level of legitimacy clients need to restore confidence in the partners they rely on.” said Tom McOsker, President of BloxTrade.

BloxTrade was developed in response to industry demand, recognizing the growing importance of personalized service for established and emerging fund managers. “The key to transacting in esoteric capital markets like tax liens is reliable access. BloxTrade has been specifically designed as the central access point for everything our client’s need.” Said McOsker. “Progressive technology is important, but it means nothing without trusted relationships.”

The Combined Benefits of Technology and Service

The hybrid brokerage model is simple: Institutional BloxTrade clients are vetted and if approved for participation on the platform they can access blocks (blox) of tax liens through their account online, along with live and indicative market and lien level data. Clients use this information to analyze the potential investments, and subsequently place bids on blox in the marketplace through BloxTrade’s New York trading desk. Brokerage experts at BloxTrade take these price indications and leverage their deep network of investors to match buyers and sellers, narrow spreads, and improve trade execution. “A deeper marketplace enables savvy sellers to maximize the value of their assets, and sophisticated buyers to access diversified portfolios available for immediate purchase” said McOsker.

Sellers who need immediate liquidity can take advantage of BloxTrade’s partnership with the tax lien industry’s only market making book, which supports the market by providing two way pricing. BloxTrade plans to offer data enhancements and professional analysis on both the market and asset levels by the third quarter 2013.

About BloxTrade
Headquartered in New York City, BloxTrade is a dynamic market built for listing, trading, analyzing, and servicing esoteric asset classes that trade in pools, or blocks (blox). It’s an intelligent, global network connecting fund managers, investors, lenders, and service providers through our hybrid platform that balances a manager’s need for privacy and control with investor and lender need for transparency and liquidity. BloxTrade delivers unique features to make navigating and transacting in the tax lien marketplace easier than ever—from managing secondary liquidity to raising primary capital. No other company provides the personal service, technology, data, insights and expertise you need, all in one place. For more information, email info(at)bloxtrade(dot)com or visit http://www.bloxtrade.com.

About Atrium Capital Markets Group (ACMG)
Headquartered in Colorado Springs, CO, Atrium Capital Markets Group (ACMG) aggregates synergistic business opportunities for the purpose of creating alignment in fragmented markets through the use of proprietary software solutions and innovative business practices. It is the vision of ACMG to become the clear market leader within their chosen industries. For more information, please visit http://www.atirumcmg.com.

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Matt Kemper

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