Prime brokerage agreement: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "An agreement whereby a prime broker provides prime brokerage services to a client (usually a hedge fund). {{anat|PB}}" |
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An agreement whereby a [[prime broker]] provides [[prime brokerage]] services to a client (usually a [[hedge fund]]). | {{a|pb|}}An agreement whereby a [[prime broker]] provides [[prime brokerage]] services to a client (usually a [[hedge fund]]). Unlike for swap]]s, [[stock loan]] and [[repo]]s, 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). | ||
Revision as of 10:43, 17 May 2019
Prime Brokerage Anatomy™
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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).