Dressing up for a party in the Hamptons, New York is easy. You just have to follow the rule to ‘always dress your best’ to get you into one of the hottest Hamptons night clubs. You might need to be a big spender for a night but the clubbing experience is truly worth every dime.
According to New York Times, dress codes have long been the secret language of New York City night life; fluency can mean the difference between an epic night out and a humiliating kick to the curb. That is why setting up a high standard in clubbing fashion is really important. You can choose to dress up like a model straight out of a Ralph Lauren advertisement or a Hollywood celebrity but still won’t look overdressed. That’s just how every partygoer in the Hamptons rolls.
“The ambiance of the experience is the people around you, so it’s important for us to keep those people fashion-forward and eclectic and interesting and engaging,”said Ian Parms, an owner of the Mulberry Project, a famous subterranean bar in New York.
Bear in mind that there is higher chance that you’ll be rubbing elbows with Hollywood celebrities so you have to dress appropriately. You surely don’t want to be in the worst dressed list and be seen as a partygoer who knows nothing about club fashion.
If you are taking notes on the latest trends in fashion, there are a lot of ways for you to pull off a killer clubbing attire like your most admired Hollywood celebrities do. For the ladies, grab your little black dress (LBD) because you can never go wrong with it. It has that elegant appeal that never goes out of style. If you want to look sultry and sexy, you can always go with a minidress and a pair of killer heels. Add a little extra oomph by wearing a gorgeous necklace. You can also go the rocker-chic route with a plush leather jacket, ripped jeans and boots ensemble.
For the male patrons, wear a blazer, a solid button-down or a solid sweater, and tapered jeans. Never attempt to wear short and sandals in the club because you won’t be able to get a pass. Shorts and sandals are a big no-no in the Hamptons night clubs.
If you want to party in Hamptons night clubs, ready your pocket, Jimmy Choo heels and designer party dress because you are in for a wild night.
Wednesday, April 29, 2015
Wednesday, April 15, 2015
The Rebirth of Prime Brokerage
Despite notable exits, there have been a lot of new entrants in the foreign exchange (FX) prime brokerage market, such as Saxo Bank and Forex Capital Markets. With the number of new entrants, the brokerage scene is changing rapidly and giving way to the rebirth of the prime brokerage model.
New entrants and smaller players have found that regulatory changes and increased levels of competition make it very hard to participate in the market. Prime brokerage has become a game of scale. It benefits more the big players who can take advantage of multi-asset platforms. These big players have been broadening their service platforms and giving rise to the new “prime of prime model”, which concentrates on micro contract trades and aims for volume.
Advantages of consolidating
A big player in prime brokerage, JP Morgan has led the way in consolidating infrastructure to boost competitiveness and efficiency. They provide clients with a single platform across all products that they trade and strive to maintain a single standard of service. Moving away from the traditional silo approach, they have consolidated their services by looking at clients in a more holistic framework
Operational and capital efficiency are hallmarks of a great prime brokerage company, leaving smaller firms at a disadvantage. However, the availability of outsourced financial services has given boutique firms more options. Startups can take their cue from brokerage giants like JP Morgan and begin structuring a consolidated platform from the get go. This will give them the needed edge in a highly competitive market.
“Prime of Prime”
A prime of prime is a brokerage that provides services to traders, especially FX traders who need micro-contract trades. They allow for trades that have greater leverage, albeit more risk.
The need for prime of primes that provide credit services to smaller brokerage firms increased after credit allocation the market decreased and various firms have exited the scene. These conditions have allowed prime of primes to grow their market share, with FX as their specialization. Carving out their own niche means being able to provide services that are more tailored to the needs of their clients.
Technology as leverage
The changes in the industry and the market have been drastic. It is no longer enough to simply have a big balance sheet. Smaller prime brokerage firms have learned that to compete with the big players, they not only need a more consolidates service platform, but also the advantages of leveraging technology. An efficient technology structure will allow them to scale, produce consistent results, and offer solid services.
New entrants and smaller players have found that regulatory changes and increased levels of competition make it very hard to participate in the market. Prime brokerage has become a game of scale. It benefits more the big players who can take advantage of multi-asset platforms. These big players have been broadening their service platforms and giving rise to the new “prime of prime model”, which concentrates on micro contract trades and aims for volume.
Advantages of consolidating
A big player in prime brokerage, JP Morgan has led the way in consolidating infrastructure to boost competitiveness and efficiency. They provide clients with a single platform across all products that they trade and strive to maintain a single standard of service. Moving away from the traditional silo approach, they have consolidated their services by looking at clients in a more holistic framework
Operational and capital efficiency are hallmarks of a great prime brokerage company, leaving smaller firms at a disadvantage. However, the availability of outsourced financial services has given boutique firms more options. Startups can take their cue from brokerage giants like JP Morgan and begin structuring a consolidated platform from the get go. This will give them the needed edge in a highly competitive market.
“Prime of Prime”
A prime of prime is a brokerage that provides services to traders, especially FX traders who need micro-contract trades. They allow for trades that have greater leverage, albeit more risk.
The need for prime of primes that provide credit services to smaller brokerage firms increased after credit allocation the market decreased and various firms have exited the scene. These conditions have allowed prime of primes to grow their market share, with FX as their specialization. Carving out their own niche means being able to provide services that are more tailored to the needs of their clients.
Technology as leverage
The changes in the industry and the market have been drastic. It is no longer enough to simply have a big balance sheet. Smaller prime brokerage firms have learned that to compete with the big players, they not only need a more consolidates service platform, but also the advantages of leveraging technology. An efficient technology structure will allow them to scale, produce consistent results, and offer solid services.
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