The Current State of Small Introducing Prime Brokers

In an earlier post, I directed to you to an article about the bulge bracket prime brokers.  I came upon this at the site:  www.finalternatives.com.  The author, Michael DeJarnette of ConvergEx's Northpoint Trading Partners, writes about the smaller prime brokers.  Many of these firms have merged or been acquired by larger financial or technology firms.  The merged firms have become a new category called "mid prime", "integrated prime" or "independent prime".  The link to this article is here.