VitalVest specializes in Secondary Private Market Technology Advisory, Execution and Processing

Secondary liquidity is critical to driving a fast moving enterprise’s growth. There are many Secondary Private Markets or Marketplace for Alternative Investments that provide liquidity if needed by offering secondary placement, to name a few are GATE Technologies, SecondMarket, SharesPost, Xpert Financial, MissionMarkets, NYPPEX etc. These so called Secondary Private Markets or Second Markets suffer from lack of a centralized marketplace or electronic access, making it difficult for participants to buy or sell alternative assets from Central location or well structured. With plenty of  Alternative Asset Classes (Private Stock Placement, Structured Products, Bankruptcy Claims, Foreclosure, Environmental Credits, Credit Card Debt, Public Equity) and lack of electronic market data and content to pre trade and post trade analytics it will be difficult for buyer or seller to judge the products strength or weakness. If you visit their websites most of these market places are registered with or member of  FINRA, MSRB and SIPC.

Will these Secondary Marketplace  (Second Markets) succeed or end up as a wholesale auction site for Alternative Assets Class like ebay is for goods?  Which company do you think has edge over the other and why? Do you think any of them can successfully navigate and aggregate transaction data and work more as a neutral interdealer broker in this space like  iCAP has done with the debt and equity markets and BondDesk has done with odd lot fixed income.

VitalVest has been instrumental providing technology consulting, suggesting technology and building custom .Net and Java trading System for Second Markets. If you require any help please feel free to consult us.

Dodd-Frank Act deadline nearing, is your company in compliance?

July 21 deadline for  Dodd–Frank Wall Street Reform and Consumer Protection Act is approaching.  With the Dodd-Frank deadline nearing, it is important that you evaluate whether the systems, processes and people you have in place can support the many requirements of the rule, including greater transparency and disclosure mandated by the reform. And the Impact of Dodd-Frank on OTC Derivatives: Supporting Central Trading and Clearing.

House Agricultural Committee would delay the implementation of new derivatives regulations until December 31, 2012. The bill is expected to be voted soon by the House Financial Services Committee and should it pass, would then be considered by the full House.