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by CydeWeys 1776 days ago
Can you expand some of these acronyms? CS, PB, etc.? I'm guessing most of us won't know them. CS=Credit Suisse, PB=Personal Banking, FX=Foreign Exchange?
4 comments

PB is prime brokerage

https://en.wikipedia.org/wiki/Prime_brokerage

CS is Credit Suisse, and FX is foreign currency trading.

Apologies, PB is prime broking. It's where the bank offers trade facilitation services, especially lending, to a hedge fund or family office.
Just a general suggestion for comments: if you’re going to use abbreviations, it’s probably a good idea to spell them out on the first mention.
PB is probably prime brokerage, it is a managed service offered by large institutions to other large institutions.