Prime brokerage refers to a set of services that investment banks and other large financial institutions offer to hedge funds and similar clients.
Services included in a basic brokerage package may include cash management, securities lending, and more.
Prime Broker Services help hedge funds access research, find new investors, borrow securities or cash, and more.
Primary brokerage provides large institutions with a mechanism to outsource many of their investment activities and shift the focus to investment objectives and strategy.
Financial institutions require a minimum account size to be able to transact with prime brokers, and all prime brokers have different requirements and fees.
Automated Account Transfer Service (ACATS) can be used to transfer stocks, bonds, cash, mutual funds, mutual funds, options, and other investment products.
The dealer market is a transparent financial market mechanism in which several dealers publish the prices at which they are willing to buy or sell a particular security.
A house call is a request from a brokerage house for an investor to recover the minimum required deposit to make up for losses in the value of assets bought on margin.