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Topic 4 Dealers and Inter-dealer Brokers (IDB)

Topic 4 Dealers and Inter-dealer Brokers (IDB). Primary Dealers. In Treasury markets, primary markets are characterized by an important set of players known as primary dealers . They are banks and securities brokerages that trade in U.S. Government securities with the Federal Reserve System.

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Topic 4 Dealers and Inter-dealer Brokers (IDB)