Dealer
You've probably heard the term "dealer" thrown around in trading circles, but what exactly does it mean? Buckle up, my friends, because we're about to dive into the world of these market-making mavericks!
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Intermediary
Ever wonder how your trade orders get executed? Or who facilitates the buying and selling of securities? The answer lies in the unsung heroes of the financial world: intermediaries. These middlemen play a crucial role in ensuring that trades run smoothly, and they're the glue that holds the entire trading ecosystem together. So, let's dive in and explore what intermediaries are all about, shall we?