What is a brokerage PB business

Source: Internet
Author: User

PB Business (Prime broker, main broker business). The so-called PB business is to the hedge funds and other high-end institutional clients to provide centralized custody liquidation, back-office operations, research support, leveraged financing, securities lending, capital raising and other one-stop integrated financial services collectively. The basis of the business is the escrow of brokers.
PB Business (Prime broker, main broker business, abbreviated as PB), generally referred to as hedge funds and other high-end institutional clients to provide centralized custody liquidation, back-office operations, research support, leveraged financing, securities lending, capital raising and other one-stop integrated financial services collectively. In fact, the basis of PB business is the broker escrow.

What is a brokerage PB business

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