Prime brokerage services - FCA Rulebook Term: Difference between revisions

Prime brokerage services - FCA Rulebook Term (view source)

614 bytes removed , 24 April 2018

Replaced content with "{{fullanat|fca|prime brokerage services|}}"

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-{{box|a package of services provided under a prime brokerage agreement which gives a prime brokerage firm a right to use safe custody assets for its own account and which comprises each of the following: <br>
+{{fullanat|fca|prime brokerage services|}}
-:(a) custody or arranging safeguarding and administration of assets;
-:(b) clearing services; and
-:(c) financing, the provision of which includes one or more of the following:
-::(i) capital introduction;
-::(ii) margin financing;
-::(iii) securities lending;
-::(iv) stock borrowing;
-::(v) entering into repurchase or reverse repurchase transactions; <br>
-and which, in addition, may comprise consolidated reporting and other operational support.}}