Broker-dealer: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Link with Big Bang page.) |
imported>Doug Williamson (Updated list of designated investment firms at December 2016. Source: Bank of England http://www.bankofengland.co.uk/pra/Pages/authorisations/designatedfirmslist.aspx) |
||
| Line 5: | Line 5: | ||
As at December | As at December 2016, the PRA recognised eight designated investment firms: | ||
*Barclays Capital Securities Limited | *Barclays Capital Securities Limited | ||
| Line 12: | Line 12: | ||
*Goldman Sachs International | *Goldman Sachs International | ||
*Merrill Lynch International | *Merrill Lynch International | ||
* | *MUFG Securities EMEA plc | ||
*Morgan Stanley & Co. International Plc | *Morgan Stanley & Co. International Plc | ||
*Nomura International Plc | *Nomura International Plc | ||
Revision as of 14:17, 15 February 2017
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 December 2016, 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
