Prime brokerage agreement disclosure annex
Discussion
Note strictly speaking you only need a PBDA if you are rehypothecating client assets. If you don't custody assets, or you have no right to transfer them, you don't need to supply an annex.
Note strictly speaking you only need a PBDA if you are rehypothecating client assets. If you don't custody assets, or you have no right to transfer them, you don't need to supply an annex.