BTIG Australia Limited Accepted as Participating Member of the Australian Securities...

* Reuters is not responsible for the content in this press release.

Wed Aug 27, 2008 8:00pm EDT 

BTIG Australia Limited Accepted as Participating Member of the Australian Securities Exchange (ASX)

SYDNEY, Australia--(Business Wire)--
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.

   BTIG LLC is a member of FINRA and SIPC

   BTIG Australia Limited

   ACN: 128 554 601

MEDIA:
Butler Associates Public Relations
Tom Butler, 011-61- 212-685-4600 extension 6982
Mobile: 011-61- 203- 1050
tbutler@butlerassociates.com
or
Stu Miller, 011-61- 212-685-4600 extension 6980
Mobile: 908-246-0852
smiller@butlerassociates.com

Copyright Business Wire 2008
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.