A new joint venture between the Bermuda stock exchange and PlusFunds.com will enable hedge funds to be securitised and easily traded. The system will be the only electronic trading market on the exchange for all hedge fund shares with real time, tick by tick NAV calculation and daily third-party risk analysis, it is claimed.
Additional liquidity will be provided for listed funds through the participation of independent, secondary market-makers, says PlusFunds.
One aim is to restructure the hedge fund marketplace by providing the structure of a regulated exchange for listing and tracking securitised hedge fund shares, says PlusFunds.

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