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Prime Broker
(redirected from Prime Brokers)

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Prime broker
This refers to a large financial institution that offers services to large institutional clients or hedge funds. It is possible for a firm to have more than one prime broker. Importantly, the firm is not obligated to all of its business through the prime broker. The prime broker offers a variety of services which includes but is not limited to execution of trades, settlement, financing and custody.
Prime Broker
A broker-dealer on an exchange who maintains records and provides brokering services, including leveraged transactions, for other broker-dealers, money managers, hedge funds, and other major investors that trade on the same exchange.
prime broker
The broker-dealer who maintains a record of the orders executed by several broker-dealers for a particular institutional or professional trader.
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Pershing was one of 300 total participants in HFMWeek's second annual US Hedge Fund Services Awards, which evaluated providers in service categories that included prime brokers, administrators, technology, innovation, accounting and legal.
BNY Mellon's Pershing Prime Brokerage Unit Captures Top Honors At ... by PR Newswire
Through this arrangement, Data Explorers will provide Bloomberg users with more than 2 million daily transactions, covering 20,000 equities globally with a value of more than $6 trillion, collected from the securities financing desks of the world's leading investment banks, prime brokers, lending agents, beneficial owners and hedge funds.
Data Explorers Launches on Bloomberg by PR Newswire Europe
This is in direct response to hedge funds that are increasingly seeking to diversify counterparty risk while continuing to deal directly with their prime brokers.
BNY Mellon to provide custody solution for Goldman Sachs by Global Banking News (GBN)
 
 
 
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