Prime brokerage agreement: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
(No difference)

Revision as of 10:44, 17 May 2019

Prime Brokerage Anatomy™
There is no industry standard prime brokerage agreement, so this is not so much an anatomy as a collection of resources about an amorphous subject.
Hedge fund | AIFMD | Depositary | Prime broker | prime brokerage agreement | synthetic prime brokerage | margin lending | custody asset | CASS Anatomy | reuse & rehypothecation | hedge fund | leveraged alpha | greeks | short selling Index: Click to expand:
Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

An agreement whereby a prime broker provides prime brokerage services to a client (usually a hedge fund). Unlike for swap]]s, stock loan and repos, there is no industry standard PB agreement. Each broker has its own form, which provides a window into the soul of that organisation, as well as catering for the different types of prime brokerage business (an equity prime broker, FX prime broker and a fixed income prime broker are quite different beasts).