answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is prime brokerage?
Write your answer...
Submit
Still have questions?
magnify glass
imp
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 brokerage journal entry?

Debit brokerage paidCredit cash / bank


Where do I get Trucking Brokerage software for cheap?

you can get Trucking brokerage software for cheap @ www.srimansoft.com


What is a group of stock brokers called?

A Stock Brokerage or Stock Brokerage Firm.


Where can one download brokerage software?

Brokerage software can be purchased through several online companies, including Advent Geneva and McLeod Software. Turnkey Brokerage Solutions and E-Infinity Software also provide brokerage software.


What is a brokerage party?

A Brokerage party is a party which acts as an agent of integration for the country in which it is established.


Who to open a stock brokerage firm in the US?

requirements to open stock brokerage firm


Can you open a brokerage account with cash?

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