prime brokerage services

84a package of services provided under a prime brokerage agreement which gives a prime brokerage firm a right to use safe custody assets for its own account and which comprises each of the following:

1. (a) custody or arranging safeguarding and administration of assets;
1. (b) clearing services; and
1. (c) financing, the provision of which includes one or more of the following:
   1. (i) capital introduction;
   1. (ii) margin financing;
   1. (iii) stock lending;
   1. (iv) stock borrowing;
   1. (v) entering into repurchase or reverse repurchase transactions;

and which, in addition, may comprise consolidated reporting and other operational support.