Broker-dealer: Difference between revisions
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imported>Doug Williamson (Update to 2021 - source - PRA - https://www.bankofengland.co.uk/-/media/boe/files/prudential-regulation/authorisations/which-firms-does-the-pra-regulate/2021/designated-firms-list-january-2021.pdf) |
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As at January | As at January 2022, the PRA recognised eight designated investment firms: | ||
*Barclays Capital Securities Limited | *Barclays Capital Securities Limited | ||
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* [[Prudential Regulation Authority]] | * [[Prudential Regulation Authority]] | ||
* [[SMF participant]] | * [[SMF participant]] | ||
==External link== | |||
*[https://www.bankofengland.co.uk/prudential-regulation/authorisations/which-firms-does-the-pra-regulate Investment firms we regulate - Prudential Regulation Authority] | |||
[[Category:Accounting,_tax_and_regulation]] | [[Category:Accounting,_tax_and_regulation]] | ||
[[Category: | [[Category:Financial_products_and_markets]] | ||
[[Category:Identify_and_assess_risks]] | [[Category:Identify_and_assess_risks]] | ||
[[Category:Manage_risks]] | [[Category:Manage_risks]] | ||
[[Category:Risk_reporting]] | |||
[[Category:Risk_frameworks]] | [[Category:Risk_frameworks]] | ||
[[Category: | [[Category:The_business_context]] | ||
Latest revision as of 15:04, 5 June 2024
A market participant which undertakes proprietary trading, as well as acting as an intermediary.
In the UK, the term 'broker-dealer' is often used interchangeably with a 'designated investment firm' as recognised by the Prudential Regulation Authority (PRA).
As at January 2022, the PRA recognised eight designated investment firms:
- Barclays Capital Securities Limited
- Citigroup Global Markets Limited
- Credit Suisse Securities (Europe) Ltd
- Goldman Sachs International
- Merrill Lynch International
- MUFG Securities EMEA plc
- Morgan Stanley & Co. International Plc
- Nomura International Plc
See also
- Big Bang
- Broker
- Dealer
- Designated investment firm
- Interdealer broker
- Investment bank
- Price discovery
- Proprietary trading
- Prudential Regulation Authority
- SMF participant
