UMC
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0.00% $1.30 united minerals corporation nl

prime brokerDefinitionA broker which acts as settlement agent,...

  1. archbald
    3,966 Posts.
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    19/09/08
    11:31
    Post #: 4287227
    prime broker
    Definition

    A broker which acts as settlement agent, provides custody for assets, provides financing for leverage, and prepares daily account statements for its clients, who are money managers, hedge funds, market makers, arbitrageurs, specialists and other professional investors.

    This content can be found on the following page:
    http://www.investorwords.com/3835/prime_broker.html

    UMC Price at posting: $1.19 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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