When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial IndustryISBN: 978-1-57660-355-0
Hardcover
304 pages
July 2010
This is a Print-on-Demand title. It will be printed specifically to fill your order. Please allow an additional 10-15 days delivery time. The book is not returnable.
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Acknowledgments ix
PART I The Business
Chapter 1 Extraordinary Markets 3
Chapter 2 Fundamentals of Prime Finance 27
Chapter 3 Strategy and Opportunity 41
PART II The Players
Chapter 4 Hedge Funds 55
Chapter 5 Hedge Fund Managers and Investment Advisers 99
Chapter 6 Prime Brokerages 117
Chapter 7 Prime Brokerage Business Model 135
Chapter 8 Securities Lending and Financing 165
Chapter 9 Executing Brokers 185
PART III The Risks and Rewards
Chapter 10 Life Cycles 199
Chapter 11 Risk Management 205
Chapter 12 Legal and Compliance Issues 213
Chapter 13 What the Future Holds 235
Appendix A Prime Broker List 255
Appendix B List of Securities Lenders 257
Appendix C Prime Broker Due Diligence Questionnaire 259
Appendix D Useful LinksPrime Finance 265
Bibliography 267
Glossary of Useful Terms 277
About the Author 281
Index 283