prime brokerage

prime brokerage
Comprehensive financial services offered to hedge funds and other professional investors by broker-dealers. Prime brokers provide their clients with the opportunity to engage one provider for all of their trading needs, often ranging from equities and investment in indices to derivatives trading, including interest rate swaps, currency swaps, credit default swaps (CDS), futures, commodities and most other types of derivatives, as well as global custodial services, securities lending, access to certain global trading platforms and operational support.
For more on prime brokerage, see Article, Trends in Prime Brokerage (
See also, Legal Updates, 11th Circuit Holds Prime Broker Does Not Owe Fiduciary Duty to Investor (, Hedge Funds Lose "Give-Up" Arrangements with Prime Brokers ( and Fund Collateral Issues in the Wake of Lehman (
For information on recent US regulatory reforms affecting prime brokers, broker-dealers and hedge funds, see Road Map to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Нужен реферат?

Look at other dictionaries:

  • Prime brokerage — is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds and other professional investors needing the ability to borrow securities and cash to be able to invest on a leveraged basis and …   Wikipedia

  • Prime Brokerage — A special group of services that many brokerages give to special clients. The services provided under prime brokering are securities lending, leveraged trade executions, and cash management, among other things. Prime brokerage services are… …   Investment dictionary

  • Malaysian economic policy under Prime Minister Najib — marks a significant shift away from the state oriented economic programmes of past governments. Contents 1 New Economic Model 2 Economic liberalization 3 Reform of government subsidies …   Wikipedia

  • Newedge Group — Type S.A. Corporation Industry Finance Founded January 1, 2008 Headquarters Paris, France …   Wikipedia

  • Citigroup — Not to be confused with CIT Group, another large financial services company. Citigroup Inc. Type Public Traded as NYSE:  …   Wikipedia

  • Day trading — This article is about the practice. For the occupation, see Day trader. Day trading refers to the practice of buying and selling financial instruments within the same trading day such that all positions are usually closed before the market close… …   Wikipedia

  • Hedge fund — A hedge fund is a private investment fund open to a limited range of investors which is permitted by regulators to undertake a wider range of activities than other investment funds and which pays a performance fee to its investment manager.… …   Wikipedia

  • Currenex — Type Private (subsidiary of State Street Corporation) Industry FX market, Money market Founded New York, NY (1999) Headquarters New York, NY, US …   Wikipedia

  • Global Custodian Magazine — Infobox Magazine title = Global Custodian image caption = Global Custodian Fall 2007 Issue Cover editor = Dominic Hobson editor title = Editor in Chief frequency = Quarterly circulation = 20000 30000 (2005) category = Trade journal company =… …   Wikipedia

  • Triad Securities — Infobox Company name = Triad Securities Corp. type = Private foundation = New York City, U.S. (1976) founder = Richard Schultz location city = New York, New York location country = U.S. locations = 3 key people = Richard Schultz (Founder)… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”