Prime of Prime- in this scenario a Brokerage has an account with a Tier 1 Prime Broker (which is typically a bank like DB, Citi, UBS) and extends those services to other market participants such as retail FX brokerages, FX funds and other institutional players. Prime of Primes are bridging the gap between the institutional and retail FX markets by offering faster onboarding processes, access to interbank liquidity and the latest in technology advances all bundled into a single offering.

Prime of Primes will generally offer higher leverage than a Tier 1 PB as well as plug and play integration into a single aggregated feed via industry-standard FIX API or standard adaptors/connectors to other platforms (i.e. an MT4 bridge). Onboarding process with a Prime of Prime is faster than the Tier 1 Prime Broker.

Do prime brokerages really guarantee instant liquidity up to 150mn in forex?

What are the main advantages for bulge bracket banks in prime brokerage? Is the threat of boutique prime brokers real?

How is prime brokerage different from regular brokerage margin accounts?

Why do hedge funds use prime brokers and not cheaper discount brokers?

Do prime brokerages really guarantee instant liquidity up to 150mn in forex?

What are the main advantages for bulge bracket banks in prime brokerage? Is the threat of boutique prime brokers real?

How is prime brokerage different from regular brokerage margin accounts?

Why do hedge funds use prime brokers and not cheaper discount brokers?

Prime Brokerage: How do I monitor if the PB is front running my trades?

What is the minimum level of assets that the major prime brokers (GS, MS, JPM or others) typically require to prime with them?

What level of AUM do I need to have a prime brokerage?

What is the business model of a forex trading firm?

Whats the maximum amount of leverage a hedge fund can get from a prime broker for a single position?

What is risk and margin in prime services or prime brokerage area?

Do prime brokerages really guarantee instant liquidity up to 150mn in forex?

What are the main advantages for bulge bracket banks in prime brokerage? Is the threat of boutique prime brokers real?

How is prime brokerage different from regular brokerage margin accounts?

Why do hedge funds use prime brokers and not cheaper discount brokers?

Prime Brokerage: How do I monitor if the PB is front running my trades?