Prime Broker for exotic OTC options

Discussion in 'Options' started by eyalco, May 1, 2013.

  1. eyalco


    Can anyone recommend a prime broker which specializes in OTC exotic options (barriers + digitals)?
    Another thing is that the hedge fund is very small - 1-5 mio usd for the first few months of it's operation, so need a PB which services small firms as well.

    Appreciate your assistance.
  2. sle


    For equity derivatives, you'd look at the "usual suspects" - MS and JPM, maybe Barcap. In terms of being a small firm, you are most probably out of luck. "Proper" funds start at a 100 these days and nobody is going to sign an ISDA with you untill you have this sort of AUM.
  3. eyalco


    Hi Sle,
    Thanks for your answer.
    I'm talking about FX derivatives, not equity, traded usually OTC.
    Does that changes your reply in anyway?
  4. i'd suggest looking into the mini prime brokers. merlin was acquired by wfc and is considered the best by many.