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Press Releases
SYDNEY, AUSTRALIA--(Marketwire), 25 August 2008 -- BTIG Australia Limited, an affiliate of the American based BTIG LLC, a broker dealer specializing in equity trading and brokerage services, has been accepted as a participating member of the Australian Securities Exchange (ASX). The Australian Securities Exchange is one of the world's top 10 listed exchange groups, with over 2,000 stocks listed and a market capitalization of $1.63 trillion Australian. "This is a significant milestone in BTIG LLC's global expansion," said Kevin Chessen, one of the firm's founding partners. "Our U.S. clients have been encouraging us to develop a global offering. With a physical presence in Sydney, Hong Kong and London our clients now have access to over 65 markets." "BTIG's proven model of high touch execution combined with compelling value has proven to be extremely successful," said Brett Spork, managing director, BTIG Australia Ltd. "In the United States over 1,000 institutions are leveraging our strength in agency trading. Small to mid-size fund managers are seeking to outsource the trading function, with both commercial and performance benefits accruing." "This is indicative of BTIG's success and our continued growth worldwide," said BTIG co-founder Scott Kovalik. "BTIG's combination of proven trading skills and a commitment to excellent customer service has certainly paid off." About BTIG Founded in 2002 BTIG has grown steadily from 5 employees to over 200. BTIG serves nearly 1,000 institutional customers and offers services from four divisions: Institutional Trading, Prime Brokerage, Outsource Trading and Direct Market Access. BTIG has offices in New York, San Francisco, Dallas, Boston, Chicago, Greenwich, Red Bank and Aspen. The firm also has affiliates in London, Hong Kong and Sydney. Media Contacts: Tom Butler Butler Associates Public Relations Phone: 011-61- 212-685-4600 extension 6982 Mobile: 011-61- 203- 1050 Stu Miller Butler Associates Public Relations Phone: 011-61- 212-685-4600 extension 6980 Mobile: 908-246-0852 Submitted by Marketwire, Marketwire on Monday, 25 August 2008 at 11:51 AM Category: Business |
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