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Prime Broker

   Also found in: Acronyms, Wikipedia 0.03 sec.
prime broker
The broker-dealer who maintains a record of the orders executed by several broker-dealers for a particular institutional or professional trader.
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.


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