Prime Brokerage Give-Up Agreement
An FX give-up agreement provides terms for documenting foreign exchange "give up" relationships, in which a party designated by a prime broker executes transactions with a dealer that are "given up" to the prime broker. The forex Give-Up Agreement is accompanied by a compensation agreement, which may be executed by the prime broker's designated party and a dealer to provide for compensation of losses in the event the prime broker does not accept "give up" of a transaction.
ATG Marketplex can accommodate PB give-up agreements to numerous prime brokers. Inquire for additional specifications.