Many scaled back or completed shuttered their prime brokerage services. According to Aite Group analyst Spencer Mindlin, smaller firms known as “mini-primes” entered the space and saw business come ...

One option for would-be new fund managers is to use a “mini-prime” broker. Firms such as Cantor Fitzgerald have established prime brokerages to pick up clients ignored by bigger primes.

At the same time, hedge fund closures have outpaced new launches at a rate of almost two-to-one. Most recently, mini-prime broker GPP announced it would shut down its prime services business after 10 ...

Were very excited to welcome the RJL team, as there has been a huge increase in demand for mini-prime brokerage services over the past few years since the major prime brokers have focused on their ...

The prime brokerage industry is back to its best. After a few turbulent years stemming from market volatility, rising interest rates, geopolitical turmoil, inflation, soaring energy prices, client ...

The average cost of using a prime broker is slowly increasing, say those in the industry, but do hedge funds really care? A New York-based prime brokerage head says he expects that the average cost to ...

Mini-Primes can not only reconcile against prime brokerage margin calls, but they can also easily plug into the multiple providers used by their clients. These flexible solutions were built using ...

Shoreline Trading Group, a California- and New York–based mini–prime broker with an extensive technology arm, offers space and tech support to hedge funds at an office building in Santa Monica.

4. Determine who will be your prime broker or "mini prime," which pools smaller players together. You should be familiar with the term prime broker, the investment bank or servicer who does all ...

such as the margin calls that nearly brought down liability-driven investment funds last year in the wake of the UK government’s catastrophic “mini-budget”. With this in mind, HSBC’s foreign exchange ...

Crypto startup Ripple has agreed to buy prime brokerage firm Hidden Road for $1.25 billion the company's biggest acquisition to date. It marks one of the largest deals in the digital asset space ...

Coinbase’s prime broker platform, Coinbase Prime, has received two System and Organization Control (SOC) attestation reports that verify that an organization follows industry best practices.