Prime Services

Prime Services History

Scotiabank’s Prime Services team provides clients with a full-service equity finance operation adding value to global hedge fund and alternative asset managers. Our experienced team of professionals in North America, Europe and Asia, supports multiple asset classes on various regulatory and proprietary margin regimes and provides customized and flexible financing solutions to help clients maximize their capital efficiency. We are committed to understanding the unique needs of our clients to help them grow and develop their business. Our Prime Services team leverages the global resources of Scotiabank to provide extensive industry experience and superior execution capabilities.

Our History
2001 Launched domestic Canadian Prime Brokerage business
2005 Established Securities Lending Desk in the U.S. (New York)
2006 Launched Canadian Prime Brokerage in the AA-Bank entity
Established Securities Lending desk in Europe (London)
2008 Launched Securities Lending desk in Asia (Singapore)
2009 Enhanced product offering to include financing of U.S. convertible bonds
2011 Launched U.S. Prime Brokerage business in A+ Bank entity
Acquired Synthetic Prime Brokerage business from Daiwa, including a client focused platform
2012 Partnered with CoreOne Technologies* to deliver fully integrated Prime Brokerage platform including reporting and website access
2014 Scotia Capital USA (SCUSA) became OCC clearing members for U.S. Listed Options
2016 Launched European Equity Execution Services
Expanded U.S. platform to clear international securities
2017 Enhanced the platform to include Portfolio Margin in SCUSA, the U.S. broker/dealer

* CoreOne Technologies is a global leading provider of financial data creation, management and distribution services and solutions.