What is prime brokerage?

Updated: 4/28/2022
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11y ago

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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 netted basis and achieve an absolute return.

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Q: What is prime brokerage?
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Related questions

What is a prime brokerage used for?

A prime brokerage is an investment company that offers multiple products and services. Services offered often include lending and financing assistance, brokerage services, and investment advice.

Where can you find a prime brokerage?

A person can find a prime brokerage through any of the major investment banks. This includes Goldman Sachs, Morgan Stanley, Bank of America and Merrill Lynch.

What services does a prime broker offer?

A Prime Broker offers services such as Global custody, Financing, Securities Lending and Risk Management. You can learn more about Prime brokerage at the Wikipedia.

What is BNP Paribas DTC number?

BNP Paribas, New York Branch 1569 BNP Paribas, New York Branch/BNP Paribas Prime Brokerage Custodian 2147 BNP Paribas, New York Branch/BNP Paribas Prime Brokerage International 2884 BNP Paribas NY Branch London Bonds 5153 BNP Paribas Prime Brokerage, Inc. 2154 BNP Paribas Prime Brokerage, Inc. /Stock Lending 2885 BNP Paribas Securities Corp. 0049 BNP Paribas Securities Corp. /Domestic Lending 7255 BNP Paribas Securities Corp. /Fixed Income 0630 BNP Paribas Securities Corp./OTC Settlements

What is a service brokerage company?

Brokerage company is called Broker. The brokerage allow trade for traders.

What is a group of Stocks called?

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What is brokerage journal entry?

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What is a group of stock brokers called?

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Can you open a brokerage account with cash?

no you cannot pay in cash to open an brokerage account.