Foreign Exchange Prime Brokerage

As a leading Foreign Exchange Prime Broker (FXPB), BNP Paribas serves a diversified institutional client base, including multi-strategy and macro hedge funds, asset managers, banks, large non-bank liquidity providers and agency brokers across regions. Our long established, award-winning, robust platform has an extensive product and currency coverage, including precious metals. Our integrated Prime Brokerage and Clearing platform underpins the strength of our cross-margining offering. We are one of only a few banks globally that offers the full suite of trading, financing, clearing and custody, in partnership with BNP Paribas Securities Services.

Risk Management & Credit Counterparty

As a leading European bank and a prominent global institution, BNP Paribas’ strong credit ratings provide our clients with confidence in all market conditions. The FXPB platform has long-standing robust risk management capabilities with multiple margin methodologies to appropriately support different trading strategies, including cross-margining capabilities.

With a deep understanding of the platform costs and operations requirements, BNP Paribas has a stable, sustainable and growing FXPB franchise. We help drive industry conversations across the FXPB ecosystem, particularly on systemic topics such as the ‘over-allocation’ of credit lines and ‘dry powder’ risk.

Technology & Reporting

Operating independently of 3rd party providers, BNP Paribas’ proprietary technology offers maximum flexibility to clients with our integration solutions including Financial Information eXchange (FIX) and File Transfer Protocol (FTP) integrations.

‘Infinity’ is BNP Paribas’ front-to-back system which includes end-to-end matching engine, trade booking, real-time risk management, with a full reporting suite which is proprietarily developed in-house by BNP Paribas. It provides enhanced flexibility compared with a 3rd party vendor approach, enabling special integration and bespoke functionality for clients.

‘DataDirect’ provides a full suite of end-of-day and intraday (real time) reports for positions, credit, trades and margin. It offers position rolls and closeouts via BNP Paribas’ online portal.

Global Client Coverage

BNP Paribas has a global coverage model that supports customers across the international time zones. This includes dedicated staff across relationship management, risk, operations and technology teams that offer a follow-the-sun model to meet client needs no matter their location. Our experts have deep industry knowledge with experiences in supporting diverse client segments, FX trade workflows and trading venues. Our FXPB business offers dedicated coverage for each client on the platform throughout the entire client journey.

Contact Us

For more information, please contact BNP Paribas’ Foreign Exchange Prime Brokerage team:

Awards

FX Markets recognises BNP Paribas for algo and prime brokerage services

BNP Paribas wins two categories at the FX Markets e-FX Awards 2021, including best algo provider and best prime broker.

BNP Paribas wins Best Prime Broker

FX Markets acknowledges the bank’s achievements in the global prime brokerage franchise.

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