Prime Brokerage — Documentation Primer

Harry Jho LLC is a law firm specializing in prime brokerage, ISDA-documented OTC derivatives and securities finance. The Firm is a trusted advisor for banks, hedge funds and industry groups seeking to manage their trading agreements and counterparty risk.

What the Firm covers in prime brokerage

Highlights of the Firm’s prime brokerage practice:

  • The Firm covers the full suite of prime brokerage agreements, including basic account agreements, committed facilities, and margin and pricing schedules.
  • The Firm is the industry leader in negotiating complex term margin facilities, integrating across multiple product lines.
  • The Firm can work with Legal and Treasury so committed facilities are tailored to the structure of a client’s business, and can help lock remedial rights, market-access protections, or managed-unwind terms into documentation before the next market event.
  • The Firm has advised every single new entrant in the equity prime brokerage industry in the last 10 years in the launch of their business.

The Firm is also on the Approved List of 12 international banks, and has advised two of the top five prime brokers for over 10 years consecutively.

Related Firm services

Prime brokerage sits alongside the Firm’s broader documentation practice: ISDA-documented OTC derivatives (including equity derivatives confirmations and Master Confirmation Agreements), flow trading agreements (repo, stock loan, securities forwards, futures account agreements), commercial contracts, and crypto prime brokerage / crypto futures documentation. See the Firm overview on the home page and sell-side coverage on the Dealer Team page.

Further reading

For industry background, see Wikipedia’s Prime Brokerage article (third-party background, not legal advice).

Careers

Analysts at Harry Jho LLC train in securities finance documentation, including prime brokerage and equity derivatives. The Analyst role is listed at /join/analyst/ (compensation: $25/hour with unlimited overtime). See all open roles on Join the Team.

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