Calyon Securities Signs VanthedgePoint Group as a Customer for New eBrokerage Trading and Clearance Service.NEW-YORK -- Calyon Securities (USA) Inc., a subsidiary of Credit Agricole Group, one of the world's largest corporate and investment banks, announced today that VanthedgePoint Group LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , an integrated financial services company focused on addressing the needs of small hedge funds, has selected Calyon Securities as its clearing broker. The Prime Brokerage Prime Brokerage A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things. , Clearing & eBrokerage division of Calyon Securities is a gateway to the breadth of products and services provided by Calyon globally. Its eBrokerage platform provides electronic access with split-second trading capabilities to all US equity markets. In addition, Calyon Securities offers a broad array of prime brokerage and correspondent clearing services covering domestic and international listed and OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). equities, corporate and government fixed income securities; and listed options through its affiliate Calyon Financial Inc. "Our Prime Brokerage, Clearing & eBrokerage service is well designed and highly competitive," said Peter Ruel, Managing Director and head of US Equities for Calyon Securities. "It incorporates the newest architecture, giving it, we believe, a decided advantage over other legacy systems now available. It's also scalable and allows the handling of any trading strategy, regardless of density and volume of customer order flow. Having VanthedgePoint Group, which is focused on serving small hedge funds, choose eBrokerage as its clearing agent speaks to our system's broad and versatile capabilities. We're delighted to have them as an early customer, and especially appreciative of their recognition of Calyon Securities' many attributes." "Calyon's eBrokerage gives us the global capabilities to expand our business into new investment products and markets as our clients' needs change," said Geoffrey M. Tudisco, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. and Founder of VanthedgePoint Group LLC. "By working with Calyon we can offer a compelling new solution that helps small hedge funds improve productivity, reduce operating costs, and increase marketability." ABOUT VANTHEDGEPOINT VanthedgePoint Group LLC is an integrated financial services company focused on delivering products and services to empower small hedge funds. VanthedgePoint Group operates two wholly owned subsidiaries: VanthedgePoint Securities LLC, a registered broker/dealer (Member NASD/SIPC), and VanthedgePoint Technologies LLC. VanthedgePoint Group is a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. with principal offices located in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY. ABOUT CALYON Calyon in the Americas offers corporate and institutional clients the latest in financial products & services through its three main entities: the banking unit Calyon, the full service broker-dealer Calyon Securities (USA) Inc. which is a member of the NYSE NYSE See: New York Stock Exchange and NASD NASD See: National Association of Securities Dealers NASD See National Association of Securities Dealers (NASD). , and, for financial and commodities futures, Calyon Financial, which is registered with the FTCC FTCC LE Fletcher Technical Community College (Houma, Louisiana) FTCC Facility Training Coordination Committee . Calyon structures, originates and distributes financial solutions for both domestic & international clients, drawing on proven capital market expertise coupled with in-depth knowledge of the US & Latin American markets. It provides capabilities in project finance, real estate financing, securitization, syndications, derivatives, foreign exchange, fixed income, and ABS origination and distribution, as well as comprehensive advisory services and capital market solutions. www.calyon.com www.calyonamericas.com |
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