Latest News:
news, comment, analysis and data on the global business of credit trading and investing
Credit derivative dealer
Also known as market maker, a bank or other firm that provides a service for other companies to buy and sell credit derivatives, making money from the difference between the buying (bid) and selling (offer) price. Although most dealers also trade credit derivatives for their own account, this proprietary trading or investment business is usually kept at arms' length from their market-making functions.
Related stories
- SEC claims turn a spotlight on subprime-backed CSOs 4 months ago
- Traders turn their sights on BofA as dealers trade dealers 4 months ago
- Markit announces private equity investment 7 months ago
- Dealers drag their feet on Thomson settlement 11 months ago
- CDS dealers to make new clearing pledge, says Reuters 1 year ago
- Credit derivative dealers set for spat on roll names 1 year ago
- Buy side firms press clearer on segregation 1 year ago
- Asset managers gain roles on key credit derivatives body 1 year ago
- Dealers plan sovereign index 1 year ago
