Prime Brokerage


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Prime Brokerage

A brokerage that provides services exclusively to institutional investors, especially hedge funds. Prime brokerage services include clearance, lending of securities, lending of money for leveraged transactions, and technical and support services. Prime brokerage services allow institutional investors to effectively outsource these aspects of investment to another party, freeing it up to concentrate on its investment strategy.
References in periodicals archive ?
that will enable Convergex to offer its clients access to FCStone's futures execution capabilities and prime brokerage platform.
The two were hired from Deutsche Bank's global prime brokerage business.
For FX prime brokerage expert Noel Singh, a new executive position at Dutch financial giant ABN AMRO Clearing Bank represents the most recent step forward in his career.
Michael Green- Senior Managing Director to spearhead the middle office functions for Foreign Exchange Prime Brokerage Services.
Goldman Sachs and BNP Paribas will provide clients of ADS Securities a range of prime brokerage solutions including counterparty clearing and custody, financing solutions, securities lending, technology and reporting, capital introduction and consultative advisory.
PortfolioShop, New York, has announced the release of FixQ BrokerRisk, a prime brokerage exposure monitoring system.
S3 Partners, a prime brokerage risk manager, today announced that Thomas Tesauro joined the firm as Managing Director, effective December 15th.
Deutsche Bank Global Prime Finance has secured the number one position as the leading global provider of prime brokerage.
Expert Team to Further Prime Brokerage Business Growth
JPMorgan Chase (NYSE: JPM) has announced that it has hired a trader to start prime brokerage services in South Africa.
Global Prime Partners ("GPP"), the global prime brokerage boutique which specialises in supporting emerging managers, today announced that it has entered into an agreement with BNY Mellon, the global leader in investment management and investment services, whereby BNY Mellon s Broker-Dealer services business will provide clearing and custody services to GPP's expanding group of high quality emerging investment manager clients.
2, 2012 /PRNewswire/ -- Credit Suisse is pleased to announce that it is now the second-largest prime broker globally, as recognized in the 2012 Hedge Fund Intelligence survey of assets in prime brokerage.