Primary dealer

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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 behavior and numbers 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 Belgium, Canada, China, France, Hong Kong, Italy, Japan, Singapore, Spain, the United Kingdom, and the United States.

Current Global Primary Dealers list[edit]

  • GL-Global
  • AM-North America
  • AP-Asia-Pacific
  • EU-Europe

References[edit]

http://www.rbi.org.in

External links[edit]