with the Bermuda Stock Exchange. The deal will enable, for the first time, hedge funds to be securitized and easily traded.

Hedge fund shares registered, cleared and settled in Euroclear and Cedel will be listed on the BSX in a electronic market called Global FundTrader Plus a joint venture 50 percent owned by PlusFunds.com and 50 percent owned by the BSX, which will be open 22 hours a day, 6 days a week.

The Global FundTrader Plus will be the exclusive and only electronic trading market on the BSX for all hedge fund shares with real time, tick by tick NAV's and daily third-party risk analysis.

Christopher Sugrue, CEO of PlusFunds.com said: "Our joint venture with the BSX takes a giant step towards bringing the hedge fund marketplace to maturity. A worldwide audience of accredited investors will have access to easily tradable hedge fund shares.''