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Blue Isle FX to act as prime broker for three Geluk hedge funds

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Blue Isle FX is to act as the prime broker for three Global Fund SAC hedge funds – the Geluk Global Gold Fund, the Global Marco Premier Fund and the Geluk Global Macro Accelerated Fund.

"We have been very impressed with the Blue Isle FX team, which is led by a 25+ year experienced team who offers only ECN/STP market liquidity and who fully understand the importance of direct market access with straight through processing. We're confident that by working with Blue Isle FX our trading team will have the advantage with institutional execution," says Geluk Capital Management founder Douglas Fathers (pictured).
 
In a concerted effort to attract commercial trading clients and seasoned retail traders, Blue Isle provides a platform which it claims is unrivalled by any retail broker dealer in the industry.
 
"As a result of our long term, high level industry relationships, Blue Isle FX is one of only a handful of global brokerages with the ability to offer hedge funds a full suite of both vanilla and exotic options with straight through derivatives. We look forward to working with the Geluk Capital team to provide a comprehensive suite of 81 different instruments including OTC options, high equity leverage, first class technical support, consulting services, free on-going education, customised algorithms and managed account options," says Blue Isle FX founder Michael Stewart.

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