Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

Starting a hedge fund

  • 04-01-2011 3:22pm
    #1
    investment
    Registered Users, Registered Users 2 Posts: 573 ✭✭✭


    How to become your own stock broker?
    What would be the required licenses, computers, etc...required to trade stock on your own without using a broker and where do I start?

    How much cash would I need to set up a brokers firm, where I could hire other people, eg risk analysis, and an accountant etc ??


Comments

  • #2
    pocketdooz
    Registered Users, Registered Users 2 Posts: 1,559 ✭✭✭pocketdooz


    investment wrote: »
    How to become your own stock broker?
    What would be the required licenses, computers, etc...required to trade stock on your own without using a broker and where do I start?

    How much cash would I need to set up a brokers firm, where I could hire other people, eg risk analysis, and an accountant etc ??

    What are you asking here?

    How to start a hedge fund?
    How to start a stock-broking firm?
    How to trade without a broker?
    Or ???

    .


  • #3
    neris
    Registered Users, Registered Users 2 Posts: 20,084 ✭✭✭✭neris


    Have you any experience in financing or markets? In fairness if your coming onto a forum to find out how to set up a specific high risk business Id get a 9-5 job if I was you.


  • #4
    Redders825
    Closed Accounts Posts: 108 ✭✭Redders825


    Average set-up costs of the Hedge Funds ive seen? - around the 200k mark!

    Very expensive, you would need alot of initial subscriptions otherwise your expenses are going to eat into your NAV very quickly. The problem really is all of them are fixed expenses so the sooner you get investment, the higher your NAV will stay (provided your performing), the more chance you have of potential investors coming into the fund.

    Just my 2 cent, im no expert.


  • #5
    maxwell smart
    Registered Users, Registered Users 2 Posts: 1,940 ✭✭✭maxwell smart


    I was speaking to someone who (still) works in Goodbody's a couple of weeks ago. They are all making alternative arrangements due to expected layoffs. Anyway, the point is he was saying that for a Hedge fund the most difficult thing is getting the initial €50m from investors. (apparently this is what you need to have a good start).:D


  • #6
    [Deleted User]
    Posts: 18,962 ✭✭✭✭ [Deleted User]


    money follows a track record. unless you are a prop trader from a big bank with a good record it's going to be difficult to get the money from investors. OPM (other people's money) models depend on a track record of alpha (non-market index) returns.

    mind you - the guy who appears in Wall Street 2 as the guy with all the sportscars is an actual Austrian fund manager (managed futures fund which Oliver Stone invested in - hence the walk-on part) who was a policeman with no background in finance before setting up his fund - which is actually called "Superfund"!!!!


  • Advertisement
Advertisement