A broker (investment banks or securities firms) which provides a package of services such as acting as a settlement agent, provides custody for assets, provides financing for leverage, risk management advisory services, capital introduction, trade reconciliation, office space leasing/servicing, consulting services and prepares daily account statements for its clients. This allows a fund to trade with muliple brokers while centralizing cash and securities.
Clients range from: hedge funds, money managers, market makers and other professional investors.
Products and Services:
Client Services
Global Custody and Clearing Network
Financing Solutions
Securities Lending
Reporting and Technology
Hedge Fund Consulting Services
Capital Introduction
FX and Derivatives Prime Brokerage
Trading Solutions