noun
- Plural of interdealer; brokers or dealers who trade with each other in financial markets, especially in bonds, currencies, or derivatives.
Usage: finance; typically used in plural form; refers to wholesale market participants
Examples
- Interdealers facilitate large transactions between major financial institutions.
- The interdealer market for government bonds is highly liquid.
- Interdealers charge commissions for matching buyers and sellers in the wholesale market.
- Many interdealers specialize in specific asset classes such as fixed income or foreign exchange.
- The interdealer broker network connects thousands of trading desks globally.