interdealer broker


Also found in: Financial.

interdealer broker

(ˌɪntəˈdiːlə)
n
stock exchange an agent who is paid a commission to bring buyers and sellers together
References in periodicals archive ?
In the six months to June 30, the interdealer broker saw pretax profit more than double to GBP83 million from GBP34 million the year before.
TP ICAP is now the world's largest interdealer broker following the acquisition of ICAP's voice and hybrid broking business in December 2016 with key leadership positions in rates and FX/money markets.
M2 EQUITYBITES-November 23, 2018-INTL FCStone Closes Acquisition of Luxembourg Interdealer Broker Carl Kliem
Comparison System participation grew rapidly in 1989, to fifty-six primary dealer and interdealer broker members by year-end, with a record volume on August 11 of $258.5 billion, representing more than 34,000 sides.
After a year and a half, she missed home and decided to move back, eventually securing a job with the UK-based interdealer broker, ICAP.
GlobalCapital awarded Capitalab, a division of BGC Brokers L.P., the distinction of 'Compression/compaction service of the year' and named BGC Partners 'Equity derivatives interdealer broker of the year' and 'Credit derivatives interdealer broker of the year.'
The company said by leveraging its existing global technology and applying it to this market, is has become the first interdealer broker to introduce rapid and efficient price discovery, order management and execution for customers seeking access to the yen IRS market.
ICAP, the world's largest interdealer broker, declined to comment.
Furthermore, interdealer broker Icap was also fined by authorities.
Ozman Mirza has sued Tradition Securities and Futures S.A., one of the world's largest Interdealer Broker, for race discrimination, constructive dismissal, victimisation and breach of contract, Metro reports.
The two others were Terry Farr and James Gilmour, both of whom worked at interdealer broker RP Martin.
13 -- Tullett Prebon has been ranked the overall number one interdealer broker in Risk magazine's 2012 Annual Interdealer Rankings.