Prime brokerage is the generic name for a bundled package of services offered by investment banks and securities firms to hedge funds and other professional investors needing the ability to borrow securities and cash to be able to invest on a netted basis and achieve an absolute return. The business advantage to a hedge fund of using a Prime Broker is that the Prime Broker provides a centralized securities clearing facility for the hedge fund, and the hedge fund's collateral requirements are netted across all deals handled by the Prime Broker. The Prime Broker benefits by earning fees ("spreads") on financing the client's long and short cash and security positions, and by charging, in some cases, fees for clearing and/or other services. It also earns money by hypothecating the portfolios of the hedge funds it services and charging a fee to those borrowing securities and other investments.

The following services are typically bundled into the Prime Brokerage package:

• Global Custody (including clearing, custody, and asset servicing)

• Securities Lending

• Financing (to facilitate leverage of client assets)

• Customized Technology (provide hedge fund managers with portfolio reporting needed to effectively manage money)

• Operational Support (prime brokers act as a hedge fund's primary operations contact with all other broker dealers)

In addition, certain prime brokers provide additional "value-added" services, which may include some or all of the following:

• Capital Introduction - A process whereby the prime broker attempts to introduce its hedge fund clients to qualified hedge fund investors who have an interest in exploring new opportunities to make hedge fund investments.

• Office Space Leasing and Servicing - Certain prime brokers lease commercial real estate, and then sublease blocks of space to hedge fund tenants. These prime brokers typically provide a suite of on-site services for clients who utilize their space.

• Risk Management Advisory Services - The provision of risk analytic technology, sometimes supplemented by consulting by senior risk professionals.

• Consulting Services - A range of consulting / advisory services, typically provided to "start-up" hedge funds, and focused on issues associated with regulatory establishment requirements in the jurisdiction where the hedge fund manager will be resident, as well as in the jurisdiction(s) where the fund itself will be domiciled.

最近, 公司用五十多億併吞了XX兄弟亞洲和歐洲業務

XX兄弟員工保證有=上年Bonus和人工

那麼今年我地Bonus凍過水

老板講遲D需要去XX兄弟學System和Swap, Future

又講兩班人只可活一班

我覺得自己被搶劫, 悲過買了XX兄弟Product D人

許多人不知道我的新公司做什麼, 想知道請上 www.nomura.com

上斑一個月, 每天有一群大GorGor和JeJe lead 住, 感覺相當好

但有時會被D啊太"恰" 同 "兇", 沒辦法, 年資玩曬

新公司第一季度損失USD500 Million, 今年Bonus很可能大縮水, 或許我不好腳頭

考試及格, 繼續學習, 繼續考試. 十一月又考縮小

 學德文, 希望下年去德國深造, 再去歐洲中部工作