4 views

1 Answers

An Inter-dealer broker is specialist financial intermediary that facilitates transactions between broker-dealers, dealer banks and other financial institutions rather than private individuals.

IDBs act as intermediaries in the financial markets working to facilitate transactions between broker/dealers and dealer banks in markets where there is no centralised exchange or market maker such as in the bond market. The largest inter-dealer brokers by trade volume, listed in alphabetical order, are:

4 views