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.

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 ...

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 ...

Hidden Road today announced the launch of its digital asset swaps prime brokerage capabilities for the United States market.

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 ...

Nomura Holdings Inc. is weighing a return to offering cash prime-brokerage services in the US and Europe, businesses it largely exited just four years ago following the implosion of Archegos ...

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.

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 ...