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 ?
Goldstein comes to the firm with over 20 years' hedge fund experience in prime brokerage and fund administration from HSBC, Conifer Financial Services and most recently Maples Fund Services.
Consolidated Financial offers products including a leading Straight Through Processing brokerage which provides retail brokers with multi-asset execution, prime brokerage services, liquidity and complementary risk management tools.
Leading prime brokerage services Merlin Securities Llc has started its operations in Canada as a dealer member after receiving approval from the Investment Industry Regulatory Organisation of Canada (IIROC).
JP Morgan has set up the Prime-Custody Solutions Group, a team responsible for delivering the firm's integrated prime brokerage and custody platform to clients.
Women-owned registered broker-dealer Tigress Financial Partners LLC has announced that it has entered into a strategic partnership with UK-based BCS Prime Brokerage Limited (BCS UK) to market capital markets, investment banking, credit facilities, research, asset management and global wealth management services to institutional and high net worth clients in US and global markets, the company said.
Newedge offers multi-asset brokerage services including execution, clearing, inter-dealer brokerage and prime brokerage to financial institutions, investors, asset managers, hedge funds and corporates.
The online financial services site, to be located at http://www.tfcn.com, will, according to the company, be the first to offer an online prime brokerage account enabling clients to execute trades through several different sources while consolidating all transactions into a single account that can be accessed electronically from any location worldwide.
Anduiza has previously been at Citigroup Prime Brokerage (NYSE: C), where he was a business development executive based in New York.
Focused on equity products, AFand Co offers institutional execution and trading services, including self-clearing and settlement capabilities, securities lending, custody and reporting, margin services, and prime brokerage technology.
A new set of indices will be published and maintained by Newedge's Prime Brokerage Group in addition to the existing Newedge Volatility Trading Index (Newedge VTI), and will contain the following headline strategy indices: Newedge Macro Trading Index (Newedge MTI); Newedge Commodity Trading Index (Newedge CTI).
Citigroup Inc (NYSE: C) has said that it has hired executives to run its prime brokerage business in Japan.
M2 EQUITYBITES-July 19, 2018--Citi to expand Japan prime brokerage business