Wedbush Securities was founded in 1955 and is one of the largest providers of small and midcap equity research in the US. Three years ago, Sean Trager (pictured) set up the prime brokerage division within Wedbush Securities to cater specifically
One aspect of the prime brokerage model that is emerging in parallel with technology advancement is greater agility and responsiveness to clients' needs. At traditional bank-owned prime brokers, regulatory reform is weighing on them and creating a degree of inertia,
Circle Partners has been providing offshore and European onshore support for the last 17 years. The current focus of expansion is to support US managers by providing onshore fund administration services for the same. “We look to partner with our clients
"There is a clear message coming out of the marketplace that we are responding to. The smaller and medium-sized managers are being squeezed out of the tier one primes and have nowhere to go," states Jerry Lees, Chairman of Linear
New research conducted by UMB Fund Services (UMB) in partnership with FUSE Research Network suggests that interval funds and tender offer funds – collectively referred to as unlisted `closed-end funds’ (CEFs) – are starting to show real momentum and growth
The notion of what it means to be a prime broker is changing. Hedge funders are looking for solutions that go beyond the usual services such as trade execution and clearing, capital introduction, securities lending and margin finance. These solutions
The prime brokerage landscape is changing. The largest names still dominate in terms of market share, with Goldman Sachs and Morgan Stanley at the vanguard. But in a year when the established order has been overturned – think Brexit and
In Part 1 of our hybrid cloud whitepaper excerpt, we reviewed the primary benefits to public, private & hybrid cloud infrastructures, and reviewed a number of considerations including service & support, availability and uptime, and proximity. In Part 2 below,
Apex is a proven leader in the clearing space and, having built a suite of sophisticated technology solutions over the years, has become the 'go-to' clearing firm for fintech firms. Indeed, it is currently the Custodian-of-Choice for tech-savvy firms like
By Chris Tiscornia (pictured), CEO, Cowen’s Westminster Research Associates – MiFID II 1 is right around the corner and many asset managers are still scrambling to implement processes that will be compliant with its research unbundling requirements. As the buy-side
