A broker which acts as settlement agent, provides custody for assets, provides financing for leverage, and prepares daily account statements for its clients, who are money managers, hedge funds, market makers, arbitrageurs, specialists and other professional investors.
Related information about prime broker:
- Prime brokerage - Wikipedia, the free encyclopedia
The prime broker benefits by earning fees ("spreads") on financing the client's margined long and short cash and security positions, and by charging, in some ...
- Prime Brokerage Definition | Investopedia
A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade ...
- BNP Paribas Prime Brokerage
BNP Paribas Prime Brokerage provides a fully integrated front-to-back solution for alternative and traditional investment managers. Thirteen years of prime ...
- Prime Brokerage | ConvergEx Prime Services
ConvergEx Prime Services is a Prime Brokerage firm specializing in providing prime services to Hedge Funds, Family Offices and Mutual Funds.
- What is prime broker? definition and meaning
Definition of prime broker: A broker which acts as settlement agent, provides custody for assets, provides financing for leverage, and prepares daily account ...
- J.P. Morgan Prime Brokerage | Prime Brokerage Services - Hedge ...
With J.P. Morgan as their prime broker, clients can grow and manage their business with the support of a proven partner. The firm is committed to building on its ...
- Prime Broker - Financial Dictionary - The Free Dictionary
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 ...
- What is a Prime Brokerage?
Feb 18, 2008 ... I recently ran across the term, prime brokerage, and I had no idea what it was. I figured it was some kind of elite broker based on the word prime ...