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.
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
RULE 516.D Prime Broker Trades (a) A Participant that is a Counterparty to a Prime Broker Trade may request the cancellation of a Prime Broker Trade.
The Prime Broker must request cancellation by sending a cancellation message to BSEF.
The cancellation message must state the USI of the Prime Broker Trade and the reason for cancellation.
If the Prime Broker confirms the cancellation, BSEF will cancel the Prime Broker Trade.
If BSEF determines that the cancellation satisfies the conditions of Rule 516.D(b), BSEF will cancel the Prime Broker Trade.
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 Personthat acts as a credit counterparty pursuant to the terms of a SEF Prime Broker Agreement for transactions executed on the Company SEF in the name and on behalf of such Person by its client or an agent of its client that is a Company SEF 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
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.
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 any one or more prime brokers or any successor(s) thereto appointed to act as prime broker of one or more Funds as detailed in the relevant Supplement.