Inter-dealer broker: Difference between revisions
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Revision as of 15:45, 5 February 2014
(IDB)
Inter-dealer brokers act as intermediaries or agents for wholesale market counterparties in a transaction. The business is conducted by telephone or electronically.
They provide a channel for price data, current and historical, and for market news. They charge a brokerage fee.
By helping price discovery and linking buyers and sellers, potentially worldwide, IDBs promote market liquidity.
