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 from time to time engaged by the Sponsor to provide prime brokerage services.

Examples of Prime Broker in a sentence

This Coinbase Prime Broker Agreement shall not preclude the Parties from seeking provisional relief, including injunctive relief, in any court of competent jurisdiction.
Client authorizes Coinbase to combine information regarding all Prime Broker Services activities into a single statement.
Each account statement will identify the amount of cash and each Digital Asset in Client’s Prime Broker Account at the end of the period and set forth all Prime Broker Account activity during that period.
By electing to use CES, Client agrees that it is authorizing CES personnel to access its Prime Broker Account to initiate and execute Orders.
CES will execute Orders by using automated trade routing services through Client’s Prime Broker Account or by filling Orders on Coinbase’s over-the-counter (“OTC”) trading service (“OTC Services”).

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.

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 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.