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| Primary Dealers List Archive |
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| Primary dealers serve as trading counterparties of the New York Fed in its implementation of monetary policy. This role includes the obligations to: (i) participate consistently in open market operations to carry out U.S. monetary policy pursuant to the direction of the Federal Open Market Committee (FOMC); and (ii) provide the New York Fed's trading desk with market information and analysis helpful in the formulation and implementation of monetary policy. Primary dealers are also required to participate in all auctions of U.S. government debt and to make reasonable markets for the New York Fed when it transacts on behalf of its foreign official account-holders. |
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Changes to Primary Dealers List |
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Oct 31, 2011
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Oct 4, 2011
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BMO Capital Markets Corp. and Bank of Nova Scotia, New York Agency have been added to the list of primary dealers, effective October 4, 2011.
October 4, 2011
Revised
Primary Dealers List ›› |
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Jun 1, 2011
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Feb 2, 2011
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MF Global Inc. and SG Americas Securities, LLC have been added to the list of primary dealers, effective February 2, 2011.
February 2, 2011
Revised
Primary Dealers List ›› |
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Nov 2, 2010
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RBC Capital Markets Corporation converted to a limited liability company, RBC Capital Markets, LLC, effective November 1, 2010.
November 2, 2010
Revised
Primary Dealers List ›› |
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Nov 1, 2010
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Banc of America Securities LLC merged with Merrill Lynch, Pierce, Fenner & Smith Incorporated, with the latter the surviving entity. The primary dealer is now Merrill Lynch, Pierce, Fenner & Smith Incorporated, effective November 1, 2010.
November 1, 2010
Revised
Primary Dealers List ›› |
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Sep 1, 2010
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J.P. Morgan Securities Inc. converted from a corporation to a limited liability company, J.P. Morgan Securities LLC, effective September 1, 2010.
September 1, 2010
Revised
Primary Dealers List ›› |
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Apr 1, 2010
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Daiwa Securities America Inc. changed its name to Daiwa Capital Markets America Inc., effective April 1, 2010.
April 1, 2010
Revised
Primary Dealers List ›› |
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Jul 27, 2009
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Nomura Securities International, Inc. has been added to the list of primary dealers, effective July 27, 2009.
July 27, 2009
Revised
Primary Dealers List ›› |
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Jul 7, 2009
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Jun 26, 2009
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Dresdner Kleinwort Securities LLC has withdrawn its name from the list of primary dealers, effective close of business June 26, 2009.
June 26, 2009
Revised
Primary Dealers List ›› |
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Jun 17, 2009
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Feb 11, 2009
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Merrill Lynch Government Securities Inc. was deleted from the list of primary dealers as a result of the acquisition of Merrill Lynch & Co., Inc. by Bank of America Corporation.
February 11, 2009
Revised
Primary Dealers List ›› |
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Oct 1, 2008
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Bear, Stearns & Co. was deleted from the list of primary dealers as a result of their acquisition by J.P. Morgan Securities Inc.
October 1, 2008
Revised
Primary Dealers List ›› |
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Sep 22, 2008
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Jul 15, 2008
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Countrywide Securities Corporation
was removed from the list as a result of their acquisition by
Bank of America.
July 15, 2006
Revised
Primary Dealers List ›› |
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Jun 5, 2008
Revised
July 15, 2008
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Nov 30, 2007 |
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Feb 8, 2007 |
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Sep 15, 2006 |
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Jul 31, 2006 |
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Jan 17, 2006 |
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Aug 3, 2004 |
J.P. Morgan Securities, Inc.
merged with Bank One Capital Markets, Inc. to form
J.P. Morgan Securities Inc. effective August 2, 2004
Revised Primary Dealers List ›› |
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Jul 1, 2004 |
J. P. Morgan Securities,
Incorporated and Banc One Capital Markets, Incorporated, now
affiliates, intend to merge effective as of August 2, 2004.
Revised
Primary Dealers List ›› |
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Jan 14, 2004 |
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Jun 12, 2003 |
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Apr 7, 2003 |
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Mar 18, 2003 |
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Dec 9, 2002 |
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Apr 1, 2002 |
Zions First National Bank
and BMO Nesbitt Burns Corp withdrew their names from the list
of primary dealers. Deutsche Banc Alex. Brown Inc changed its
name to Deutsche Bank Securities Inc. Fuji Securities Inc changed
its name to Mizuho Securities USA Inc.
Revised
Primary Dealers List ›› |
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Oct 31, 2001 |
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Jul 2, 2001 |
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May 23, 2001 |
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May 1, 2001 |
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Jan 16, 2001 |
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Jan 5, 2001 |
JP Morgan & Co Incorporated
and Chase Manhattan Corporation, now affiliates, are expected
to merge at the end of the first quarter or early in the second
quarter of 2001.
Revised
Primary Dealers List ›› |
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Jan 2, 2001 |
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Dec 5, 2000 |
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Dec 1, 2000 |
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Nov 14, 2000 |
Donaldson, Lufkin & Jenrette
Securities Corporation (DLJ) was acquired by Credit Suisse First
Boston Corporation. Paine Webber Incorporated became a business
division of UBS Warburg LLC.
Revised
Primary Dealers List ›› |
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Sept 15, 2000 |
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May 1, 2000 |
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April 17, 2000 |
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Sept 23, 1999 |
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July 1, 1999 |
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June 4, 1999 |
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June 1, 1999 |
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May 17, 1999 |
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April 1, 1999 |
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Jan 4, 1999 |
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