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.
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Our partnership with two of the world's foremost prime brokerages enhances ADS Securities' profile as a global player and boosts our ability to target the global institutional and high-net-worth (HNW) market.
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.
BrokerRisk allows prime brokerages to put a dollar number on what they may be on the hook for if any of their client accounts lose too much money," said Harvey Sontag, CEO of PortfolioShop.
PortfolioShop maintains that given the heightened volatility in the markets, a comprehensive risk analysis system is being increasingly viewed as an essential component needed to operate a prime brokerage.
Germany-based Deutsche Bank AG (NYSE: DB) and Credit Suisse Group (NYSE: CS) have shared the top honours in a survey for the best prime brokerages of 2009.
Global Banking News-23 June 2010-Deutsche Bank and Credit Suisse share honours in prime brokerage survey(C)2010 ENPublishing - http://www.
The Global Custodian survey is based on quantitative data from hedge funds, with an overlay of qualitative input from funds, consultants and prime brokerages themselves.
Aikman examines the convoluted structure of this relationship, the main participants, and the impact of the near collapse of prime brokerages on the financial world.
Germany-based Deutsche Bank (NYSE: DB) and Switzerland-based Credit Suisse (NYSE: CS) are strengthening their Asian prime brokerages.
Previously, he served as vice president of operations for GH Associates and managed relationships with hedge fund clients at the prime brokerages of Banc of America Securities and ING Furman Selz.
Dell PowerEdge(TM) servers help Merlin create hundreds of thousands of real-time portfolio reports, breaking new ground for improved reporting processes and eliminating up to 10 hours of cycles typical of other prime brokerages.
Vermut founded and directed the expansion of one of the world's leading prime brokerages.