Broker
Prime Brokers in Demand
After the inherent dangers in the captive, prime-broker model were brought to bear with the collapse of Lehman, hedge funds have scrambled to diversify counterparty risk by embracing the multi-prime model. Prime brokers have tracked this trend to the…
Introducing Brokers Ramp Up Application Spending
BOSTON-U.S. introducing brokerage firms are poised to increase spending on business applications this year, while clearing firms will compete to get more of that spending, according to the authors of a recent white paper from industry research firm Aite…