Prime broker vs trade facilitator

Differences between prime broker and trade facilitator duties and responsibilities

Prime broker example responsibilities.

• Execute give-up transactions and manage bank risk through hedging tools - including swaps, futures, and options.
• Manage all office relate matters to include accounting, international traffic and logistics.
• Monitor settlement of fix income and equity income securities resulting from corporate activity.
• Experience with all DTC applications, i.e.
• Reduce margin buy-in on trades for greater capital efficiency.
• Monitor receipt of variation margin by working with the back office.
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Trade facilitator example responsibilities.

• Manage import and export projects, reviewing documentation to identify potential risks and make recommendations for mitigation to upper management.
• Port the database access mechanism from OCI to JDBC.
• Interact with company executives to provide information about export procedures, export regulatory requirements, and U.S. Government resources for exporters.
• Utilize major tenets of DBT including mindfulness, distress tolerance, emotion regulation and acceptance while incorporating cognitive behavioral techniques.