Prime brokerage agreement

From The Jolly Contrarian
Jump to navigation Jump to search
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.
Prime broker | prime brokerage agreement | synthetic prime brokerage | margin lending | custody asset | CASS Anatomy | reuse & rehypothecation | hedge fund | leveraged alpha | greeks | short selling

Owner’s Manual Index — Click the ᐅ to expand:

Get in touch
Comments? Questions? Suggestions? Requests? Insults? We’d love to hear from you.
Sign up for our newsletter

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).