imported>Doug Williamson |
imported>Doug Williamson |
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| A market participant which undertakes proprietary trading, as well as acting as an intermediary.
| | Futures relating to currencies or exchange rates. |
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| In the UK, the term 'broker-dealer' is often used interchangeably with a 'designated investment firm' as recognised by the Prudential Regulation Authority (PRA).
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| As at January 2022, the PRA recognised eight designated investment firms:
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| *Barclays Capital Securities Limited
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| *Citigroup Global Markets Limited
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| *Credit Suisse Securities (Europe) Ltd
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| *Goldman Sachs International
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| *Merrill Lynch International
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| *MUFG Securities EMEA plc
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| *Morgan Stanley & Co. International Plc
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| *Nomura International Plc
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| == See also == | | == See also == |
| * [[Big Bang]] | | * [[Futures]] |
| * [[Broker]]
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| * [[Dealer]]
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| * [[Designated investment firm]]
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| * [[Interdealer broker]]
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| * [[Investment bank]]
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| * [[Price discovery]]
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| * [[Proprietary trading]]
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| * [[Prudential Regulation Authority]]
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| * [[SMF participant]]
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| ==External link==
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| [https://www.bankofengland.co.uk/prudential-regulation/authorisations/which-firms-does-the-pra-regulate Investment firms we regulate - Prudential Regulation Authority]]
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| [[Category:Accounting,_tax_and_regulation]] | | [[Category:FX_Risk]] |
| [[Category:The_business_context]]
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| [[Category:Identify_and_assess_risks]]
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| [[Category:Manage_risks]]
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| [[Category:Risk_frameworks]]
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| [[Category:Risk_reporting]]
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| [[Category:Financial_products_and_markets]]
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