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Products May 9, 2003
HedgeWorld Opens Door to Trading Site
September 17, 2002 (PLANSPONSOR.com) - Beginning
today, HedgeWorld.com is opening up its trading site to
wealthy individual investors.
Reported by Nevin E. Adams
The HedgeWorld Markets site ( http://markets.hedgeworld.com ) is a trading platform where accredited investors can put money into roughly 100 hedge funds without paying extra transaction fees or consulting bankers or investment advisors, according to Reuters.
Investors who want to browse must promise that they can commit at least $1 million before they are given a password to the platform. HedgeWorld says over 3,000 such potential investors have already registered.
Once on the site though, private investors may find themselves on more equal footing with institutional investors.