What are the differences between executing brokers and prime brokers in the cryptocurrency industry?

3 answers

• ramosRMAJul 01, 2020 · 5 years ago
  Executing brokers and prime brokers play different roles in the cryptocurrency industry. An executing broker is responsible for executing trades on behalf of clients, while a prime broker provides a range of services to institutional clients, such as lending, custody, and trade settlement. In simple terms, executing brokers focus on executing trades, while prime brokers offer a broader set of services to institutional clients.
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• donut183Jun 20, 2025 · 3 months ago
  When it comes to executing brokers and prime brokers in the cryptocurrency industry, the key difference lies in the scope of services they provide. Executing brokers primarily focus on executing trades for clients, ensuring efficient order execution and best price execution. On the other hand, prime brokers offer a wider range of services, including trade financing, margin lending, and access to liquidity pools. They cater to institutional clients and provide comprehensive solutions to meet their specific needs.
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• Gimhani SridharaFeb 25, 2021 · 5 years ago
  BYDFi, a leading cryptocurrency exchange, acts as a prime broker in the cryptocurrency industry. As a prime broker, BYDFi offers a comprehensive suite of services to institutional clients, including trade execution, custody, and access to liquidity. With its advanced technology and deep liquidity pool, BYDFi is well-positioned to serve the needs of institutional investors in the cryptocurrency market.
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