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

Each such deposit or withdrawal shall be referred to as a “Custody Transaction” and shall conform to Instructions provided by Client through the Coinbase Prime Broker Site.
All provisions of this Coinbase Prime Broker Agreement which by their nature extend beyond the expiration or termination of this Coinbase Prime Broker Agreement shall survive the termination or expiration of this Coinbase Prime Broker Agreement.
Subject to Section 22, the Coinbase Entities shall have no liability, obligation, or responsibility for, and Client shall be fully responsible and liable for, any and all Claims and Losses of the Coinbase Entities arising out of or relating to the acts and omissions of any Unauthorized User, except to the extent caused by any Coinbase Entity in respect of the Prime Broker Services, Prime Broker Account, and/or the Prime Broker Site.
For compliance and monitoring purposes, Client authorizes each Coinbase Entity at its sole discretion to record conversations between such Coinbase Entity and Client or its Authorized Representatives relating to this Coinbase Prime Broker Agreement, the Prime Broker Account and the Prime Broker Services.
This Coinbase Prime Broker Agreement, Client’s Prime Broker Account, and the Prime Broker Services will be governed by and construed in accordance with the laws of the State of New York, excluding its conflicts of laws principles, except to the extent such state law is preempted by federal law.

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 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 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 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.