Match each securities industry market participant or investor classification to its defining qualification threshold or operational responsibility within capital markets.
- Qualified Institutional Buyer (QIB)An entity that owns and invests at least $100 million in securities of non-affiliated issuers on a discretionary basis under Rule 144A.
- Accredited Investor (Natural Person)An individual maintaining a net worth exceeding $1,000,000 (excluding primary residence equity) or holding a Series 7, 65, or 82 license.
- Prime BrokerA broker-dealer providing consolidated custody, securities lending, and centralized trade settlement to institutional funds executing trades across multiple firms.
- Introducing Broker-DealerA broker-dealer that solicits customer business and accepts orders but contracts with a carrying firm to execute back-office clearance and hold client funds.
Cevap
Qualified Institutional Buyer (QIB) pairs with the 1M net worth (excl. residence) or professional license standard; Prime Broker pairs with consolidated custody and settlement across multiple executing brokers; Introducing Broker-Dealer pairs with soliciting customer orders while relying on a clearing firm for custody and settlement.
Each market participant is accurately paired based on SEC regulations and operational structure: QIBs meet the $100M Rule 144A threshold; Accredited natural persons meet income, net worth, or Series 7 qualification standards; Prime Brokers provide centralized institutional clearing across multiple brokers; and Introducing Broker-Dealers delegate carrying and custody functions to clearing firms.
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Anahtar Kavram
Market Participants and Investor Classifications