Barclays trades with QRT exceed $100B, highlighting hedge fund's role in prime brokerage

Barclays’ Trades With Quant Hedge Fund QRT Surge Past $100 Billion, Reports Bloomberg | LeapRate | Online Trading Industry News, Broker Intelligence & Fintech Analysis

Barclays has grown the notional value of its trades with Qube Research & Technologies (QRT) to more than $100 billion, according to a Bloomberg report citing people familiar with the matter, underscoring the quant hedge fund’s growing importance to the bank’s prime brokerage arm. The figure represents the gross face value of all positions between the two firms, without netting off offsetting trades. London-based QRT, which spun out of Credit Sui…

Barclays trades with QRT exceed $100B, highlighting hedge fund's role in prime brokerage

Barclays' $100B trades with QRT underscore its strategic growth in prime brokerage, reflecting shifts in the competitive financial landscape. The post Barclays trades with QRT exceed $100B, highlighting hedge fund’s role in prime brokerage appeared first on Crypto Briefing.