dealer bank

Dealer Bank

A commercial bank that buys and sells U.S. Treasury securities, municipal bonds, and/or agency securities. Dealer banks are registered with the Municipal Securities Rulemaking Board. Investing in dealer banks is very low risk because the securities they hold are virtually risk-free and often are exempt from taxation.

dealer bank

A commercial bank that buys and sells municipal securities and/or U.S. government and agency securities.
References in periodicals archive ?
On the basis of the bids, the chief brokerage bank and the dealer bank will be selected.
In our review, we rely on two notions of efficiency employed by dealer banks. First, we define "collateral efficiency" as the percentage of a dealer bank's collateral received that is rehypothecated.
dollar FCD (export earnings) rates 967 968 Authorized dealer bank rates 965 974 Central Bank reference rate 973 Source: Informal market dealers in Yangon, Myanmar.
This transaction should be confirmed to the Bank of Ghana by the investor's local authorised dealer bank. Bank of Ghana in turn confirms this transaction to GIPC for the company's registration purposes.
The newly released directive of the Bangladesh Banks Foreign Exchange Policy Department allows a BGMEA member manufacturer-exporter to get a loan of as much as $20 million via an authorised dealer bank for input purchases against export letter of credit (L/C), firm export contract and inland back-to-back L/C.
Commerzbank is one of the world's leading dealer banks in physical precious metals.
(NASDAQ: CBOE) has made a minority investment in CurveGlobal, a new interest rate derivatives venture of the London Stock Exchange Group and a number of major dealer banks, the company said.
Under the scheme, Bangladeshi importers would have to deposit the import value in equivalent local currency Taka through their respective dealer banks in order to receive the Japanese funding.
The risk management systems of major dealer banks were severely tested by the recent volatility in financial markets.
CurveGlobal is an interest rate derivatives venture between London Stock Exchange Group, Cboe, and a number of leading dealer banks - Bank of America Merrill Lynch, Barclays, BNP Paribas, Citi, Goldman Sachs, J.P.
CurveGlobal is a venture between London Stock Exchange Group, a number of leading dealer banks, together with the Chicago board Options Exchange.
Global Banking News-September 15, 2014--BB seeks remittance information from dealer banks