Inter-Dealer Broker

1. A brokerage firm operating in the bond or OTC derivatives market that acts as an intermediary between major dealers to facilitate inter-dealer trades.

2. A member of the London Stock Exchange who is only permitted to deal with market makers, rather than the public.

Inter-dealer brokerages operate on very small spreads, but they handle extremely large transactions.


Investment dictionary. . 2012.

Look at other dictionaries:

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