VanthedgePoint Group LLC, an integrated financial services firm catering to small hedge funds, and Susquehanna Financial Group, LLLP, a leading institutional sales, research, market making and advanced electronic trading firm, today announced that Susquehanna and VanthedgePoint Securities LLC, the wholly owned broker/dealer subsidiary of VanthedgePoint Group, have entered an agreement to provide high-end institutional quality trade execution to small hedge funds.
"VanthedgePoint continues to strengthen its integrated platform by adding the powerful trade execution capabilities of Susquehanna," said Geoffrey M.
Tudisco, CEO and founder of VanthedgePoint Group LLC. "Establishing a relationship with a firm of Susquehanna's caliber demonstrates their belief in the potential of our business. Together, we expect to help them gain the tools necessary to become more competitive, and more likely to succeed at building lasting businesses."
"We are very excited to be working with VanthedgePoint to deliver our institutional execution capabilities to their clients," said David Margulies, Head of Sales for Algorithmic and Program Trading for Susquehanna, "With VanthedgePoint Groups' unique business model, we feel that they offer a unique and valuable service to an underserved segment of the hedge fund market."
VanthedgePoint Securities clients will be able to place orders which will be executed through Susquehanna's advanced trading systems.