What is a prime brokerage?

A prime brokerage is an institution that offers a host of financial services, such as securities lending, trade and execution, clearing and settlement, cash management and risk analysis. Prime brokers usually work with hedge funds, large institutional investors and private equity firms.

What does a prime broker do?

Prime brokers are generally part of larger financial institutions with expanded services, such as securities lending, cash management, custodial services, leveraged trade execution and other related activities. The service is offered by investment banks such as Morgan Stanley, JPMorgan and Goldman Sachs. Who Are Prime Brokers For?

Who has a prime brokerage account?

Regarding the prime brokerage list, the most prominent market players with this type of account are Goldman Sachs Group Inc, JPMorgan Chase & Co, and Morgan Stanley. What Are Prime Brokerage Services? The list of Prime brokerage services includes securities lending, cash management, settlement services, and custodian services.