Evolution of FXPB landscape isn't over yet
Cost of capital and risk control will shape 2016
This year has seen a dramatic rearrangement of the prime brokerage (PB) space, with credit access becoming more difficult and costs for both businesses and clients going up, while prime-of-prime providers have gained a boost.
Panellists at the 14th annual FX Week Europe conference in London agreed on the reasons for many prime brokers to step back from the market. They acknowledged new challenges would arise in 2016 because of the cost of capital and risk control, but noted more cost increases
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