Hidden Road opens up cash-settled crypto OTC swaps for U.S. institutions, backed by Ripple’s $1.25 billion acquisition plan.

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 ...

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 ...

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.

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 ...

“Mini primes” such as FBR, which specialised in servicing those hedge funds too small to interest the dominant prime brokerage providers, had hoped to benefit from the recalibration of the ...

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 ...

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 ...

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 ...

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 ...

DeFi, a peer-to-peer financial system that uses blockchain technology, is among the fastest growing sectors of the crypto industry. It includes prediction markets like Polymarket, NFTs like Trump ...

The Bank of England is planning to investigate how banks measure their exposures within their prime brokerage divisions after the business has grown more concentrated in recent years. Many of the ...