Upgrade your interface with the markets with StoneX Brokerage Services
StoneX Prime
Our clients
Asset managers of all types, including hedge funds, family offices, and proprietary trading houses
What we offer
Global market access to equities, options, futures, and fixed income
Other options
Full bespoke back-office support, full algo suite and smart routing technology, futures, a variety of platforms for execution and reporting, and 24-hour trading
StoneX Prime Direct
Who we serve
Asset managers and semi-professional traders
What we offer
U.S. equities and options
Other options
Easy access to the service team, full algo suite and smart routing technology, no prime broker minimums
| Stonex Prime | Stonex Prime Direct | |
| Service | Full bespoke back-office support | Easy access to our service team |
| Custody options | StoneX & Pershing | StoneX |
| Routing | Full algo suite and Smart routing technology | Full algo suite and Smart routing technology |
| Markets available | Global Equities, options, futures, and fixed income | U.S. Equities and Options |
| Futures | Yes | No |
| Trading platforms | StoneX One, Eze EMS (Realtick), Bloomberg EMSX, Trafix | StoneX One |
| Reporting | Enhanced tax lot and risk reporting platform plus StoneX Advisor | StoneX Advisor |
| Capital introduction | Yes | No |
| Trading hours | 24 hour | 7am-7pm EST |
| Industry event invites | Yes | No |
| Time to set up an account | 2 weeks | 3-5 days |
| Cost | Minimum PB revenue of 40k per year | No PB Minimums |
Which option is best
FAQs
What is a prime broker?
A prime broker is a broad term applied to firms that provide a wide range of services to an asset manager. Prime broker service providers can either be independent or a part of a larger financial institution. They can be considered a manager of brokers, seeking to execute an asset manager’s trades as efficiently as possible.
They streamline reporting and operations by consolidating all your brokerage relationships into one.
Why use a prime broker?
If your strategy calls for global, multi-asset market access and maintaining relationships with individual executing brokers has become too burdensome, a prime broker’s services can help create more bandwidth for the asset manager by shouldering a lot of that relationship management. Using a prime broker consolidates margin financing and securities lending into one service provider.
By shouldering a lot of that relationship management. Using a prime broker consolidates margin financing and securities lending into one service provider.