Prime Broker
A prime broker is a broker offering professional services specifically aimed at hedge funds and other large institutional customers.
Prime brokers: Firms which allow clients like hedge funds to use their credit facilities to access financial markets. For example, a hedge fund client of Bank X can trade in the interbank FX market using Bank X's name in return for a fee.
Prime broker - prime brokerage services include lending money, acting as counterparty to derivative contracts, lending securities for the purpose of short selling, trade execution, clearing and settlement.
prime broker A broker who acts as a settlement agent, provides custody for assets, provides... prime brokerage The specialized brokerage services provided by brokers to specific clients who need non-standard services.
Nicholas Maounis, Amaranth's founder stated, "We are in discussions with our prime brokers and ... are working to protect our investors while meeting the obligations of our creditors," While his words attempt to reassure his clients, in reality Mr.
In order to sell securities he does not own, a trader arranges to "borrow" securities from a current shareholder, typically a bank or prime broker, agreeing to return them at some future date.
"Professional Trading Platforms. Direct Access Trading Software. Online Brokerage for Active Traders, Prime Brokerage & Hedgefunds."
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SogoInvest ...
Collective investment schemes
Credit unions Â- Insurance companies
Investment banks Â- Pension funds
Prime brokers Â- Trusts ...
There are 3 risks in this position beyond the move in the underlying stock: dividend risk, interest rate risk, and pin risk. If this position is put on with a prime broker, in addition you have margin risk.
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Think it's not a serious problem? Then why have the big banks invested years of time and money making this particular pill a little easier to swallow? (By enabling "netting" through a prime broker or daily settlement through the CLS network.) ...
London Capital Group FX is an established and respected second tier prime broker offering full access to all the ECN multi bank platforms including Currenex.
MB Trading ...
 See also: Broker, Market, Trading, Analysis, Risk
  
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