LOS ANGELES, Sept. 16, 2016 (GLOBE NEWSWIRE) — Wedbush Securities is pleased to announce that its Prime Brokerage team has received “Best North American Hedge Fund Research Provider” at the Hedgeweek USA Awards 2016. The annual awards ceremony took place Thursday night, September 15th, in New York, recognizing excellence among service providers and hedge fund managers globally, and acknowledging distinction in over 50 award categories. The Awards are determined by a “peer review system,” where industry professionals, including managers at fund administrators, institutional and high net-worth investors, prime brokers, and advisers, elect a “best-in-class” in a series of categories (http://www.hedgeweek.com/awards).
“We are honored and greatly appreciate the recognition we have received from Hedgeweek USA,” states Sean Trager, Senior Vice President, Prime Brokerage, at Wedbush Securities. “I am thrilled about the strides and progress that our Prime Brokerage team has made thus far, and I look forward to continuing to further build and strengthen the level of service and commitment we provide to our clients.”
Wedbush’s Securities’ Finance Department provides both internal and external counterparts with long financing and short sale coverage on US Securities, as well as, electronic affirmative determination for short sale requests. Traded products include ADR’s, General Collateral, ETF’s, Specials, and Corporate Bonds. Furthermore, Wedbush Prime Brokerage enhances the firm’s platform to best serve emerging and mid-sized money managers, hedge funds, investment advisors, high net-worth individuals, family offices, and proprietary traders.
About Wedbush Securities
Since our founding in 1955, Wedbush has been a leader in the financial industry providing our clients with a wide range of services, including retail and institutional sales, clearing services, equity research, corporate and municipal finance, equity market making, fixed income trading, and wealth management. Headquartered in Los Angeles, with nearly 100 registered offices, the firm focuses on dedicated service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Asset Management, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage, LLC.
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