Skip Navigation

A Wide Range of Benefits

A Full-Service Prime Broker.

WPS Prime Services offers a comprehensive global platform that integrates proprietary technology with experienced operational support.

Advantages 

Direct Market Access, High Touch and Algorithmic

In today’s markets many investors prefer to take direct control of executing their investment ideas through the use of an execution management system (EMS). At WPS Prime Services, we encourage this philosophy and provide our clients access to several EMS platforms including:

  • The REDIPlus® Trading System
  • Knight Direct RealTick®
  • EMS Neovest
  • EMS Razer trading system
  • Traffix

For clients who seek use of complex algorithms to help work their orders with the least possible market impact we offer access to multiple algorithm providers including Goldman Sachs.

When appropriately used, enhanced leverage can be a vital tool in an investors’ pursuit of alpha.

For clients who qualify, we offer portfolio based margin through our clearing partners. This enhanced leverage allows our clients to extend their exposures when they see an opportunity and have a more confident viewpoint of certain trade ideas. Approval is given on a case-by-case basis and is determined by our clearing providers.

Separately Managed Accounts (SMAs)

In today’s era of investor transparency, hedge fund managers of all sizes are increasingly being asked to manage their investor’s capital in Separately Managed Accounts.

These demands can be difficult for funds that lack the infrastructure to deal with the requirements that come with SMAs. This has been a particular focus at Siebert Prime as we have built our infrastructure and reporting around the managed account process. By automating the entire process, we minimize or eliminate the operational burdens associated with separately managed accounts. As more investors demand transparency through SMA investments, our tools allow our clients to manage their strategies across their SMAs in real-time.*

Our SMA technology has also been enjoyed by many allocators including Family Offices, RIAs, Fund of Funds and others who desire to allocate capital in a separately managed account structure. *The speed and reliability of system response and account access times may be affected by factors such as trading volume, market conditions, system performance, or other factors.

Our Clearing Relationships

WPS Prime Services clients are provided with the global clearing and settlement resources of three top tier securities clearing houses; Goldman Sachs and Co. (GSCO), LP (GSEC), Pershing (BNY Mellon) and Industrial & Commerce Bank of China (ICBC). Customer accounts are held in individual account numbers on a fully disclosed basis with each clearing firm. See more about our clearing partners below:

Goldman Sachs and Co. (GSCO)

Our Clearing expertise helps clients execute and settle transactions on over 97% of the world’s equities and derivatives exchanges. Our capabilities combine professional service with a back office platform that allows us to clear 3 million trades per day. Our platform provides a full set of tools that allow clients to work with multiple asset classes and currencies in a single consolidated account. Our clearing professionals complement this with a range of services, including consulting, risk management and securities lending.”

Pershing (Bank of New York Mellon)

Pershing provides global financial solutions to advisors, asset managers, broker-dealers, family offices, fund managers, registered investment advisor firms and wealth managers. You can read more about the Pershing family of companies here. As a business-to-business provider, we help our clients power their business and maximize opportunities. Our clients are leaders in their fields and they choose Pershing because we are a leader in ours.

Our People – Human Capital

WPS Prime Services combines deep knowledge of the hedge fund and investment landscape with people who know what it takes to succeed in this business. We purposefully keep our representative to client ratio low, providing our client base the attention they deserve.

Each client has a dedicated client service representative that is well versed in a wide range of investment strategies. This allows our client service team to be proactive which provides our clients the best possible user experience.

Contact us to learn more.

If you would like more information about WPS Prime Services solutions to hedge funds please contact us and will will be sure to get back to you.

Chat with us!