Help! Algorithmic System / Hedge Fund Start Up

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mindset

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Hello Guys,

I would like to try and start a hedge fund.

I have a friend who is running a successful algo on Indian Equities (currently is in India) using (cash and futures) and wants to set up in London as DMA to Indian is now open. We are looking for a way to set up cheaply in UK.

Does anybody have any advice how we can do this? We need a fast computer/interenet, broker with Indian DMA. Can somebody suggest how we can set up in UK? I was thinking of using Schneider trading to use their desk space etc (this is very expensive way). However can we set up ourselves in an officer elsewhere and do this cheaper?

How do we set up this hedge fund business idea?

Regards,

James
 
others can probably advise better, but if you're setting something up in the UK you'll almost certainly need to be FSA registered.

There is no "cheap" way to do this, although a lower cost option might be to use an "umbrella" firm who offer hedge fund incubators. Firms like Kyte and Marex do this.
 
or set up as LLP. Depends who your investors are really.
 
Arbitrageur said:
others can probably advise better, but if you're setting something up in the UK you'll almost certainly need to be FSA registered.

There is no "cheap" way to do this, although a lower cost option might be to use an "umbrella" firm who offer hedge fund incubators. Firms like Kyte and Marex do this.
Click to expand...

KYTE do not deal in Indian Equities...
 
Mindset,

In what context are you "institutional"? Strange you're asking about "setting up".

Grant.
 
grantx said:
Mindset,

In what context are you "institutional"? Strange you're asking about "setting up".

Grant.
Click to expand...

Depends which hat I wear...plus Grant have you nothing better to do?...oh sorry my mistake your from Stockport!
 
Mindset,

Simple curiosity.

"Depends which hat I wear". Does "institutional" preclude the prosaic?

Grant.
 
grantx said:
Mindset,

Simple curiosity.

"Depends which hat I wear". Does "institutional" preclude the prosaic?

Grant.
Click to expand...

No im a devout platonist...really I havent got time to reply to these silly posts...nor do I feel the urge to lower myself to offer a reply...
 
Mindset,

I wonder why? Does 'transparent' mean anything?

I studied Plato/Socrates for three years; if you have any queries please don't hesitate to ask (I enjoy helping superiors).

Grant.
 
grantx said:
Mindset,

I wonder why? Does 'transparent' mean anything?

I studied Plato/Socrates for three years; if you have any queries please don't hesitate to ask (I enjoy helping superiors).

Grant.
Click to expand...

If you have wasted 3 years of your life studying that crap then that would explain a lot.
 
Mindset,

Maybe I should have studied Evasion. Peristence was a susidiary subject. In what context are you institutional?

Grant.
 
grantx said:
Mindset,

Maybe I should have studied Evasion. Peristence was a susidiary subject. In what context are you institutional?

Grant.
Click to expand...

What a sad person...listen dude...we are living on earth...you are a weirdo...chill out...have a bottle of bud...or becks...depends what mood your in...and enjoy the sunset...

I will be....oh sorry I forgot...your stuck in Stockport...hahhaa
 
Why on earth set up in a high tax jurisdiction ? try caymans, t&c, Dubai, Vanuatu, Antigua, Anguila Hong Kong etc - less tax = more profits & less admin but do get unprofessional advice on the nuts & bolts first
 
mbbcat said:
Why on earth set up in a high tax jurisdiction ? try caymans, t&c, Dubai, Vanuatu, Antigua, Anguila Hong Kong etc - less tax = more profits & less admin but do get unprofessional advice on the nuts & bolts first
Click to expand...

You still have to declare it...
 
Last edited:
I think that Hedge Funds don't have too many regulations because every investor has to be worth at least £1 million. Also, they have to be able to demonstrate a regular income of more than 200K PA for the past 2 years. I'm not sure Hedge Fund is the way to go on a startup, unless you're connected.
 
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