Primary Dealers

Primary dealers are trading counterparties of the New York Fed in its implementation of monetary policy. They are also expected to make markets for the New York Fed on behalf of its official accountholders as needed, and to bid on a pro-rata basis in all Treasury auctions at reasonably competitive prices.

The list of Primary Dealers as of August 10, 2018
  • Bank of Nova Scotia, New York Agency
  • BMO Capital Markets Corp.
  • BNP Paribas Securities Corp.
  • Barclays Capital Inc.
  • Cantor Fitzgerald & Co.
  • Citigroup Global Markets Inc.
  • Credit Suisse AG, New York Branch
  • Daiwa Capital Markets America Inc.
  • Deutsche Bank Securities Inc.
  • Goldman Sachs & Co. LLC
  • HSBC Securities (USA) Inc.
  • Jefferies LLC
  • J.P. Morgan Securities LLC
  • Merrill Lynch, Pierce, Fenner & Smith Incorporated
  • Mizuho Securities USA LLC
  • Morgan Stanley & Co. LLC
  • NatWest Markets Securities Inc.
  • Nomura Securities International, Inc.
  • RBC Capital Markets, LLC
  • Societe Generale, New York Branch
  • TD Securities (USA) LLC
  • UBS Securities LLC.
  • Wells Fargo Securities, LLC

(via The Federal Reserve)
-RW

No comments:

Post a Comment