The Australian Financial Review: ‘Bootstrap Barrenjoey’ seeks larger slice of prime broking market
Get ready for a fresh face in the prime broking market. The mass exodus of global investment banks has left a gap in the sector, and disruptor bank Invast Global wants a piece of the action.
Street talk can reveal Invast Global, which launched in Australia a decade ago, is repositioning itself to take a bigger slice of the billion-dollar market, rebranding to 26 Degrees and retiring its full-service retail brokerage business to focus on institutional clients.
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26 Degrees talks CySEC licence, infrastructure, liquidity stress
26 Degrees executives spoke with FinanceFeeds Editor-in-Chief Nikolai Isayev about the continued expansion in the EMEA region as the Prime of Prime Broker’s subsidiary now holds a CySEC license and is powered by oneZero’s trading technology.
Media Coverage
Finance Feeds: at IFX Expo Asia James Alexander explains why Invast Global Rebranded to 26 Degrees
26 Degrees CCO James Alexander spoke with FinanceFeeds’ Editor-in-Chief Nikolai Isayev about the new name and brand of Invast Global at a time when the industry needs Prime of Prime brokers more than ever.
Media Coverage
Hedge Funds Club: Prime Broker pushes for market share as banks exit
Leading multi-asset prime brokerage business, Invast Global has rebranded to 26 Degrees, repositioning itself to gain market share in the billion-dollar industry as broker-dealers, hedge funds and family offices are left out in the cold by the shakeout in the prime brokerage market.