Bank Dealer

Bank Dealer

1. A department within a bank registered and therefore legally permitted to buy and sell municipal bonds on its own account, rather than only on the accounts of clients.

2. A bank that is registered and therefore legally permitted to buy and sell government securities on its own account. Because the stability of the financial system depends on banks remaining solvent, bank dealers may only invest in securities deemed to be low risk, or "bank grade."
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These include Investment, RSP and TFSA Loans, mortgages, GICs, banking services and investment accounts and services through B2B Bank Dealer Services.
The move announced by the RBI is expected to improve liquidity in the derivatives market, one foreign bank dealer said.
''There is also an expectation that the European Central Bank will cut rates and the euro is expected to edge down,'' the senior Japanese bank dealer said.
"The market is now convinced that the PBOC is taking action to let the yuan stage a mini-revaluation and many of us expect the yuan to continue to rise steadily in coming weeks to reach 6.6 or even stronger," a Chinese bank dealer in Shanghai said.
The main thing is that the demand for the Golf has jumped considerably," said BW Bank dealer Raed Mustafa.
''The dollar is poised to face selling on the Middle East situation,'' a New York-based major Japanese bank dealer said.
The dollar is unlikely to regain that level even with the strongest BOJ intervention," the British bank dealer said.
"The central bank has really made it impossible for anyone to keep any kind of long, or even short, position in the foreign exchange market," one foreign bank dealer said.
Because of these qualities, it is but natural that bank to bank dealer to dealer platforms lose clients and investors to these newer and more efficient (http://ibtradeoptionstrader.gr8.com/) trading platforms .
''The situation does not allow us to be totally optimistic about the euro,'' a major bank dealer said.
"There is a strong possibility of the BOJ carrying out dollar-supporting intervention in Tokyo next week," the Japanese bank dealer said.
employment data turn out to be stronger than expected, the currency could reach the upper limit of the projection, the Aozora Bank dealer said.