Abstract:Global Prime Partners has been appointed as prime broker to private investment firm IPGL.
Global Prime Partners has been appointed as prime broker to private investment firm IPGL.
Global Prime Partners will provide a full range of prime brokerage services to IPGL including trade execution, clearing, custody and reporting.
Founded by ICAP CEO, Michael Spencer, in 1986, IPGL's portfolio has a wide range of financial interests including a 16 percent stake in ICAP, the world's largest interdealer broker, and a majority interest in leading spreadbetting firm, CityIndex.
Julian Parker, CEO of GPP, said: “IPGL is a prestigious client for GPP. The international reputation of its management and success and calibre of its investments, past and present, speak for themselves and to have been selected by IPGL to fully meet their prime brokerage requirements is a testament to the service expertise, high quality, and dedication of the GPP team. We are delighted to be working with IPGL.”
The U.S. Federal Reserve has made its first interest rate cut in over four years, lowering the benchmark rate by half a percentage point. This significant reduction, which exceeds the typical quarter-point adjustments, signals growing concerns within the central bank about its ability to maintain control over inflation.
In this article, we will conduct a comprehensive examination of Make Capital, delving into its key features, fees, safety measures, deposit and withdrawal options, trading platform, and customer service. WikiFX endeavours to provide you with the essential information required to make an informed decision about utilizing this platform.
Dalmore Group LLC has reached a settlement with the Financial Industry Regulatory Authority (FINRA), agreeing to pay a $375,000 fine for various compliance failures from January 2019 to December 2022.
Recently, the negative views against a broker called Zenstox have been sherd into the light. One such case involves Zenstox, a broker that has come under scrutiny for its questionable practices.