Talk:Prime brokerage

Latest comment: 14 years ago by 170.148.96.107 in topic Not necessarily provided by investment banks

Article creation

edit

I have tried to write a basic survey on definition and origin of the pb business. All comments and corrections welcome...

you did a good job!!!!!!

edit

This summary is really good. I wonder why the site says it needs to be cleaned up. Is it just for style  ?

dont know why they wanted it cleaned up.

edit

i tried to reduce the verbosity without reducing the content, except for the equilend comment, which i thought was misplaced. i hopw i havent offended someone by striking it!

i would argue (with whoever made the equilend insert) that although prime brokers are intermediaries, their business model is not particularly threatened these days. and i dont see equilend as a threat to prime brokers... it's 1/2 owned by them!

whoever added all those brokers..

edit

those are "clearing brokers" not "prime brokers". and goldman sachs doesnt market its pb under spear anymore, and ubs long ago ditched the paine weber name. fidelity is new to the market -User:Thehornet 1FEB09

i added a short list of the top 5 or 6 PBs from the latest league table and it was removed. I work at one and think explanation is great. my list was accurate and gave some color on several in terms of size and recent history. can it pleae be reinstated ? —Preceding unsigned comment added by Thehornet (talkcontribs) 15:13, 3 February 2009 (UTC)Reply

prime-prime brokers

edit

most companies in the PB space now offer "prime prime brokerage", which is essentially consolidated reporting & accounting, research, office space, etc. allowing multiple clearing accounts (often other PB's) in exchange for doing a percentage of PB biz with them. IMHO, anyone *not* offering that isn't seriously in the game at this point. don't know how to write that without sounding goofy —Preceding unsigned comment added by 24.211.245.174 (talk) 12:03, 19 February 2008 (UTC)Reply

It is my understanding that although today the majority of prime broker customers are hedge funds (this was not always the case) I would offer that there are still high net worth individuals in the mix. —Preceding unsigned comment added by Donpetrosino (talkcontribs) 20:19, 19 February 2008 (UTC)Reply

Not necessarily provided by investment banks

edit

There are a number of prime brokers who are not investment banks. Spear, Leeds and Kellogg is one. Merlin Securities is another.

Perhaps a better term is "Broker-Dealer"?

Thanks. - HedgeFundBob (talk) 16:44, 21 May 2008 (UTC)Reply

I agree that a better term would be "Broker-Dealer" Stevenmitchell (talk) 23:51, 9 August 2008 (UTC)Reply
YES those are BD services and not a PB basically BD is subset of PB.....Btw wonderfull summary.. cheers! —Preceding unsigned comment added by 170.148.96.107 (talk) 16:21, 11 November 2009 (UTC)Reply