Inter-dealer broker: Difference between revisions
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* [[Broker]] | * [[Broker]] | ||
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* [[Wholesale markets]] | * [[Wholesale markets]] | ||
Revision as of 20:26, 27 June 2017
(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.
