What's the Difference: Repo/Sec Lending, at Money Market Desk vs in Prime Brokerage
Hi all,
Hope you had a great long weekend!
Really interested in repo/Securities Lending. Could you guys introduce more details?
especially, traditional repo/Sec Lending usually is a part of Money Market Trading Desk, or as a part of Treasury, funding the bank's trading desks as well as the balance sheet.
But, I also know there is a Repo/Sec Lending function in BB's Prime Brokerage Business.
So: is there any difference between the above two? is Repo Trader in PB much more Profit-oriented? Do they also have the duty to provide funding?
In short, are they two the same type of Repo Traders? or, they are just very different?
I really want to get a clear idea about the different roles of Repo/Sec Lending...
Any insights will be really helpful because it is so hard to find the introductory resources online...
Many thanks!!
- BChen
Ullam adipisci iste dolorum id sint exercitationem placeat. Est dolorem sit sint assumenda voluptatem sunt aliquam.
Eos ipsam excepturi rerum. Incidunt voluptate ab tenetur quo ut asperiores. Soluta qui ex impedit iusto at debitis ea.
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...