FX prime broker
From ACT Wiki
Foreign exchange (FX) services - large institutional clients.
(FXPB).
An FX prime broker is an intermediary that provides foreign exchange services to large institutional clients.
- Non-bank FX service providers
- "Providers other than banks, such as FX Prime Brokers (FXPBs)... help clients price [FX] volatility by providing broad access to liquidity through wholesale market solutions."
- Understanding the power of foreign exchange risk management - The Treasurer online - Thomas Friesleben, Managing Director, StoneX Pro EMEA.