Garden City, NY (PRWEB) April 14, 2015
Concept Capital Markets, LLC and Alpha Dealing LTD have entered into a cooperation agreement whereby Alpha Dealing will provide European and Asian execution services to Concept Capital’s outsourced trading clients. Likewise, Concept Capital Markets will perform the same services to Alpha Dealing’s clients in the United States. Both Concept Capital and Alpha Dealing believe that they have taken a novel approach to fulfilling investment manager’s outsourced trading needs by providing a service that is fully transparent to both the fund manager and the executing broker.
The key benefits of each firm’s Outsourced Trading Solution is that it is very high-touch in nature and can function as a complete outsourced trading service or supplement an existing trading operation, depending on the client’s specific needs. Clients will benefit from an established and experienced team of traders, support staff, and reporting infrastructure, while at the same time avoiding the cost of building and operating an in-house solution. Conflicts are avoided with an agency-only model and full transparency that makes each customer known to the executing broker. Outsourcing this function also allows clients to concentrate resources on alpha-generating functions, including research, portfolio construction and risk management.
“The differentiated model employed by Concept Capital and Alpha Dealing permits our traders and operational support staff to truly function as an extension of the client’s firm. Our employees will execute directly with designated brokers in the client’s name, representing ourselves to those brokers as the client’s traders. This reinforces the client’s “brand” in the broker-dealer community, but also leverages our existing outsourced trading relationships with such brokers for purposes of research, conference attendance, corporate access, and syndicate”, said Robert Moore, CEO of Concept Capital. Simon Broch of Alpha Dealing comments “Alpha set out to differentiate itself from the competition by actively working with the fund manager to develop and reinforce their relationships with the broker, whereas other outsourced solutions accept your trades and then execute using their own trading lines. In Concept Capital we have found a partner that is philosophically aligned with us and truly has the client’s best interests first and foremost, as we do.”
About Concept Capital Markets, LLC:
Concept Capital offers a comprehensive suite of brokerage and related services that provide traditional and alternative investment managers with solutions that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family offices, and registered investment advisors with turn-key solutions designed to free its clients to focus on their core competencies. Our offering features world-class custody and clearing options, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a range of financing options, a highly professional operations and customer support team, comprehensive portfolio reporting capabilities, and capital introduction. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.
About Alpha Dealing:
Alpha Dealing is an outsourced buy-side trading desk for investment managers (hedge funds, family offices) that do not wish to take on the often very high fixed cost of traditional in-house trading infrastructures. Alpha Dealing has grown from the concept that the best Traders or the capacity to handle multiple orders simultaneously should not only be available to the largest Investment Managers. Alpha has a team of experienced traders with both buy-side and sell-side experience, and who take the time to understand the rationale for each trade and execute it in the most appropriate way.
Alpha Dealing was founded in London and is authorized and regulated by the Financial Conduct Authority as a division of NSBO. Alpha Dealing is operated day to day as a completely independent company, with separate order management and execution systems. Alpha Dealing’s CEO, Simon Broch, was a Trader at HBK Investments before setting up OVS Capital Management as a Founding Partner. By using his experience running trading desks and his understanding of hedge fund structures and compliance, he developed Alpha Dealing’s ethos in ways that suit the Investment Team, Investors, and Fund Directors/Operations alike. For additional information, visit http://www.alphadealing.com