Role as a broker
With a broad spectrum of financial instruments on the Exchange or over-the-counter (OTC) markets available, Financial Institutions, Corporate and (semi) Government bodies need a way to find information, liquidity and anonymity for their trading and hedging activities.
This created the need for an independent party, acting as an intermediary to arrange transactions between buyers and sellers, the broker.
As stated above the broker is completely independent and operates on exchanges as well in the over-the-counter markets. The broker provides potential buyers and sellers in these markets with the necessary information they need to execute their trades. The brokerage firm will ensure the client the best price available in the market. With up to date real time market knowledge, the broker can offer colour to the client’s transactions.
As the markets evolve with the addition of new products and electronic trading, brokers closely follow the needs of their clients and provide them with all information and resources they require in order to execute trades in a timely and efficient manner. It is this service that has cemented the broker role in the wholesale financial markets around the world.