"While Prime Brokers
have been working furiously to protect their clients form the bulk of the recalls, there are very few rocks to look under for replacement stock borrows and short sellers will feel the full brunt of the new recalls over the next few weeks," Dusaniwsky wrote.
Founded in 2009 and headquartered in Cambridge, MA, oneZero provides mission-critical FX and multi-asset class liquidity, distribution, business intelligence and risk management solutions to the retail brokerage and institutional marketplace, including hedge funds, prime brokers
and global banks.
Membership is open to active hedge fund managers/ professionals, ultra-high net worth investors, family offices, financial traders, investment bankers, academics, financial institutions, FOF's, foundations, allocators, as well as selected service providers including third-party marketers, data providers, prime brokers
, administrators, auditors, lawyers, risk managers, and financial technology firms.
Thus, most of them decided that they would only be prime brokers
to larger institutions.
Vibefin Tech is a Transaction reporting automation service serving retail brokers, prime brokers
and any entity required to report for EMIR/ MiFIR and other regulations.
ADS Securities Prime-of-Prime offering has been developed to help these firms-even those that have Prime Brokers
but still do not have the trading lines they are looking for because they may not meet the criteria in terms of size, flow, profitability or risk.
"We would like to extend our sincere appreciation to the fund's prime brokers
Barclays Bank and Credit Suisse, and all our counter-parties that contributed to the result," he added.
Hedge fund manager OZ Management LP has been charged by the SEC with providing inaccurate trade data to four prime brokers
, causing inaccuracies in the brokers' books and records and in data provided to the SEC in investigations.
Advent has more than 4,300 customers including asset managers, hedge funds, fund administrators, prime brokers
, family offices and wealth management advisory firms, located across more than 50 countries worldwide.
Designed for multi-manager allocation platforms, separately managed accounts, clearing firms, prime brokers
, family offices and proprietary trading shops, LiquidFIRM provides a macro look at total market exposure across all accounts in real-time, with the ability to drill into the results at the client, asset class, or issue level.
Many hedge fund and CTA managers express dissatisfaction with their prime brokers
' inability to offer technologies to help them more effectively manage risk and assist them with managing and growing their business, new research reveals.