Broker-dealer

From ACT Wiki
Revision as of 15:04, 5 June 2024 by Doug (talk | contribs) (Layout.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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


External link