PBs and ISDAs – keeping your assets safe

Brokerage and trading agreements are some of the most important that a fund enters into. Custody, pricing which can drag down otherwise solid performance and margining are key to all trading.

What do prime brokerage and ISDA agreements do ?

How does the relationship they create keep your assets safe?

What are the key terms and the key risks?

Below we look at some of the points to consider and perhaps negotiate when you appoint brokers and custodians under these agreements.

The points about prime brokerage also apply in the main to clearing brokers.