It will also provide access, supervision and implementation of trading strategies at a single place, allowing wealth management professionals to offer institutional quality products with time-saving operational efficiency.
Various funds and products including hedge funds and private equity listed on CAIS-X, offer a prequalified, competitive offering of primary investment opportunities, which are actionable and useable across a large client base, claims the exchange manager.
The online exchange also seeks to slash product cost borne by the end client.
Suitable for investment advisors, broker-dealers, private banks and other financial intermediaries, the exchange allows advisors to execute primary transactions online while positions seamlessly integrate through the DTCC-AIP protocol with custodians, including Fidelity and, Pershing, among others.
