Broker-dealer: Difference between revisions
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imported>Doug Williamson (Link with Interdealer broker page.) |
imported>Doug Williamson (Updated.) |
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As at December | As at December 2019, the PRA recognised eight designated investment firms: | ||
*Barclays Capital Securities Limited | *Barclays Capital Securities Limited | ||
Revision as of 16:55, 19 February 2020
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 2019, 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
