Synthetic Prime Brokerage - Lynden Howie, Cantor Fitzgerald Europe

Lynden Howie, European Head of Equity Finance speaks in-depth with host Roy Zimmerhansl about Synthetic Prime Brokerage.
You can follow Lynden and Cantor Fitzgerald as follows:
Cantor Fitzgerald Europe (including a section on Prime Services): www.cantor.com/global/europe/
Lynden on LinkedIn: / lynden-howie-70948031
00:00 Introduction
02:12 Lynden's background in Synthetic PB
05:24 What is Synthetic Prime Brokerage?
07:48 Why do investors use it?
10:56 Why do Prime Brokers offer a synthetic alternative to cash markets?
14:21 Trading with competitors
22:45 Long and Short synthetic positions
23:30 Access products and does Synthetic PB take business away from securities lending?
29:00 Synthetic PB as a 'thing' - the structures
31:35 Trade execution and trading platforms
41:25 Key changes in the market over past 20 years
43:10 Closing thoughts from Lynden
44:25 Lynden as an educator and those who inspire us
48:15 Roy's wrap up

[@johnarnesen996]

A detailed and clear to follow explanation.

[@zimmro1]

Thanks - I think Lynden does an excellent job provide the background and current state of synthetic prime brokerage to listeners. Particularly useful in light of the *Archegos* blow up earlier this year.

[@jeroenbakker2747]

The place to be if you want to be kept up to date with the securities finance world

[@zimmro1]

Thanks - appreciate your expert's eye-view!

[@dansplain2393]

I’ve just landed on a sec fin desk working on swap systems, so this podcast is incredibly well targeted

[@zimmro1]

Thanks Dan. Lynden is a great guest and I learned a lot.

[@yashwantkolhe86]

Very informative 👏.. thanks

[@zimmro1]

Thanks - glad you enjoyed it !