Prime Broker definition

Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

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Prime Broker means a credit institution, a regulated investment firm or another entity subject to prudential regulation and ongoing supervision, offering services to professional investors primarily to finance or execute transactions in financial instruments as counterparty and which may also provide other services such as clearing and settlement of trades, custodial services, securities lending, customised technology and operational support facilities;

Prime Broker means a Person that provides prime brokerage services and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person.

Examples of Prime Broker in a sentence

• This obligation will survive any termination of this Coinbase Prime Broker Agreement.

• Client agrees to access and use its Prime Broker Account through the Coinbase Prime Broker Site to review any Orders, deposits or Coinbase 2025 9 withdrawals or required actions to confirm the authenticity of any communication or notice from the Coinbase Entities.

• Client understands and agrees that none of the Coinbase Entities are a SEC/FINRA registered broker-dealer or investment adviser to Client in any respect, and the Coinbase Entities have no liability, obligation, or responsibility whatsoever for Client decisions relating to the Prime Broker Services.

• Capitalized terms used in this STA that are not defined herein shall have the meanings assigned to them in the other parts of the Coinbase Prime Broker Agreement.

• Client shall promptly notify Coinbase in writing in the event it intends to use the Prime Broker Services in connection with any business activities not previously disclosed to Coinbase.

More Definitions of Prime Broker

Prime Broker means a Person that provides prime brokerage services and that has authorized a Participant to send RFQs, place Orders or enter into Trades in the name and on behalf of such Person. Each Prime Broker must sign documentation required by BSEF.

Prime Broker means a Participant that provides prime brokerage services for Swaps and that has authorized an Authorized Trader to access the Trading System on its behalf in connection with Prime Broker Transactions.

Prime Broker means a Participant that has authorized a Prime Broker Client to place Prime Brokerage Orders and execute Prime Broker Transactions on the SEF in the name of and on behalf of such Participant and that has been accepted by the SEF to act in such capacity.

Prime Broker means a Person from time to time engaged by the Sponsor to provide prime brokerage services.

Prime Broker means a Person that acts as credit counterparty for transactions executed on the SEF in the name and on behalf of such Person by its client or an agent of its client that is a BSEF Participant and

Prime Broker means a person who provides services under a prime brokerage agreement which may include any one or more of the following—

Prime Broker means a broker-dealer providing securities clearing and related services for hedge funds and other professional investors, including global custody, securities lending, securities clearing and financing, cash management, and technology, operational and administrative support services.