Inter-dealer broker: Difference between revisions
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(IDB) | (IDB). | ||
Inter-dealer brokers act as intermediaries or agents for wholesale market counterparties in a transaction. The business is conducted by telephone or electronically. | 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. | 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. | By helping price discovery and linking buyers and sellers, potentially worldwide, IDBs promote market liquidity. | ||
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* [[Broker]] | * [[Broker]] | ||
* [[Price discovery]] | |||
* [[Wholesale markets]] | * [[Wholesale markets]] | ||
[[Category:Financial_products_and_markets]] | |||
Latest revision as of 16:38, 1 July 2022
(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.
