Prime Brokerage vs. Synthetic Prime Brokerage

Discussion in 'Trading' started by slidertrader, Aug 13, 2008.

  1. Prime Brokerage vs. Synthetic Prime Brokerage

    Whats the difference?
     
  2. I googled:

    "Sometimes, trading through equity swaps is referred to as `synthetic prime brokerage' - with the swap contract deployed as a substitute for borrowing stock to achieve a short position, or equity finance to achieve leverage on the long side."