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When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry

ISBN: 978-1-57660-355-0
Hardcover
304 pages
July 2010
List Price: US $49.95
Government Price: US $26.52
Enter Quantity:   Buy
When Prime Brokers Fail: The Unheeded Risk to Hedge Funds, Banks, and the Financial Industry (1576603555) cover image
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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 Links—Prime Finance 265

Bibliography 267

Glossary of Useful Terms 277

About the Author 281

Index 283

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