Specialist prime broker and hedge fund incubator Linear Investments has selected RSRCHXchange, the online marketplace for institutional research, to enable their hedge fund clients to access and track research consumption in a MiFID II compliant way.
RSRCHXchange describes itself as the online marketplace for institutional research in a press statement.
Linear Investments provides tailored prime brokerage services to start-up, small and mid-size hedge funds that are not effectively serviced by the larger prime brokers. Linear provides their hedge fund customers with full prime brokerage, custody and execution services; fully serviced trading desks via their Hedge Fund Hotel, offering access to global liquidity; FCA umbrella services, including set-up and FCA authorisation support; and capital introduction via its B&L Seeder Fund, according to the press statement.
Linear can now offer its roster of hedge funds direct access to alpha-generating institutional research from more than 140 providers on the RSRCHX platform, as well as the ability to track research procurement and consumption in real time, via the integrated dashboard, with Linear acting as CSA manager.
The RSRCHX dashboard offers an automated way for asset managers to track firm-wide research consumption, to rate and evaluate the content they receive, to improve the procurement process and to ensure MiFID II compliance.