Bilateral trades
Hello everyone,
I have a very simple question regarding a bilateral agreement between two brokerage house.
I am working in a brokerage company and I am trying to find a less risky clearing solution when we trade with other eligible counter parties. When we do business with end clients we use a Give up Agreement and a Prime Bank. However, it is very difficult to require a Give up agreement from an eligible counter party ( other brokerage company, banks etc. ). Is there any other solution to resolve this matter using the structure for example of one or two prime banks?
Nesciunt minus exercitationem ratione quos adipisci nemo consectetur. Numquam occaecati quis quas maxime mollitia.
Rerum laboriosam aut exercitationem voluptatum numquam. Error non rerum maxime. Sunt eos consequatur velit consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...