What Is the Role of a Prime Broker in Institutional Cryptocurrency Derivatives Trading?

A prime broker offers a suite of services to institutional clients, including trade execution, financing, and custody. In crypto derivatives, they often provide segregated wallets or omnibus accounts for asset security.

They also manage margin requirements and facilitate the clearing and settlement of trades across various execution venues. This centralization simplifies operations and risk management for the client.

They act as a central hub for the client's trading activities.