Increased competition in prime broker bus for HFs?

I assume post-crisis, post Lehman collapse, most small to mid size and large (too) hedge funds now use more than one prime brokerage to help reduce exposure, true?

In Europe, I believe MiFiD would also be interpreted as ruling that HFs need to spread brokerage risk?

So is this opening up the market for increased competition among prime brokers?

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Gekko21

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