Purchaser of government securities directly from the government
A primary dealer is a firm that buys government securities directly from a government, with the intention of reselling them to others, thus acting as a market maker of government securities. The government may regulate the behaviour and number of its primary dealers and impose conditions of entry. Some governments sell their securities only to primary dealers; some sell them to others as well. Governments that use primary dealers include Australia,[1] Belgium, Brazil,[2] Canada, China, France, Hong Kong, India, Ireland, Hungary, Italy, Japan, Pakistan, Singapore, Spain, Sweden,[3] the United Kingdom, and the United States.
A primarydealer is a firm that buys government securities directly from a government, with the intention of reselling them to others, thus acting as a...
residential mortgage-backed securities. The PrimaryDealer Credit Facility now allows eligible primarydealers to borrow at the existing Discount Rate for...
lending facility, the PrimaryDealer Credit Facility (PDCF). Eligible borrowers include all financial institutions listed as primarydealers, and the term of...
taking out many loans between March 18, 2008, and April 22, 2009. The PrimaryDealer Credit Facility (PDCF), the first Fed facility ever to provide overnight...
Federal Reserve Bank of New York:PrimaryDealers. Retrieved April 27, 2007. Reserve Bank of New York:PrimaryDealer Policies. Retrieved March 12, 2008...
where the seller has the option to reverse the transaction. The Fed's primarydealers and other banks use the repo facilities to sell Treasury and agency...
services to large companies, institutions and government clients. It is a primarydealer in Gilts, U.S. Treasury securities and various European Government bonds...
for facilitating tax noncompliance and off-shore financing. UBS is a primarydealer and Forex counterparty of the U.S. Federal Reserve. UBS was founded...
Discount window Bank rate Federal funds Federal funds rate Overnight rate Primarydealer History (Antecedents) Chairs Charles S. Hamlin (1914–1916) William P...
JPMorgan Chase & Co. is an American multinational finance company headquartered in New York City and incorporated in Delaware. It is the largest bank in...
Madoff Investment Securities Peking University HSBC Business School Primarydealer Too big to fail "HSBC's history". HSBC Holdings plc. Archived from the...
Ryan Nelson, a Minnesota-based art dealer who acquired it from its original buyer and has been the primarydealer for the few Ross paintings that have...
Discount window Bank rate Federal funds Federal funds rate Overnight rate Primarydealer History (Antecedents) Chairs Charles S. Hamlin (1914–1916) William P...
Deutsche Bank AG (German pronunciation: [ˈdɔʏtʃə ˈbaŋk ʔaːˈɡeː] ), sometimes referred to simply as Deutsche, or internally as DB, is a German multinational...
Lio Ho Motor (Chinese: 福特六和汽車) is a Taiwanese-based automaker and the primarydealer of Ford vehicles in Taiwan, formed in 1972. It is 70 percent owned by...
learned was, as the principal architect of the Bretton Woods system New Dealer Harry Dexter White put it: the absence of a high degree of economic collaboration...
Discount window Bank rate Federal funds Federal funds rate Overnight rate Primarydealer History (Antecedents) Chairs Charles S. Hamlin (1914–1916) William P...
BNP Paribas (sometimes referred to as BNPP or BNP) is a multinational universal bank and financial services holding company headquartered in Paris. It...
Fed issues three discount rates based on credit type: primary, secondary, and seasonal. Primary credit is the Fed's main discount program, and is available...
BMO Bank, N.A. (colloquially BMO; US: /biːmoʊ/) is an American national bank that is headquartered in Chicago, Illinois. It is the U.S. subsidiary of the...
July 27, 2009 the Federal Reserve Bank of New York designated Nomura a primarydealer for Federal Reserve System open market operations and U.S. Treasury...
Discount window Bank rate Federal funds Federal funds rate Overnight rate Primarydealer History (Antecedents) Chairs Charles S. Hamlin (1914–1916) William P...
Morgan Stanley purchased Smith Barney from Citigroup and the new broker-dealer operates under the name Morgan Stanley Smith Barney, the largest wealth...
of a new lending facility, the PrimaryDealer Credit Facility. The PDCF provided overnight cash loans to primarydealers against eligible collateral. The...
trading and insurance-linked products. Bulge bracket firms are usually primarydealers in US treasury securities. Bulge bracket banks are also global in the...
Discount window Bank rate Federal funds Federal funds rate Overnight rate Primarydealer History (Antecedents) Chairs Charles S. Hamlin (1914–1916) William P...
capitalization. Depending on the jurisdiction, the division uses different broker dealer subsidiaries of RBC: Canada: RBC Dominion Securities United States: RBC...
to be a global systemically important bank. Credit Suisse is also a primarydealer and Forex counterparty of the Federal Reserve in the United States....
Global Information