The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Memorandum to all Primary Dealers and Recipients of the Weekly Press Release on Dealer Positions and Transactions
The latest list reflects the following changes:
* This change results from the merger of J.P. Morgan & Co. Incorporated and Chase Manhattan Corporation at the holding company level (effective December 31, 2000). The two primary dealers, which are now affiliates, are expected to merge at the end of the first quarter or early in the second quarter of 2001.
LIST OF THE PRIMARY GOVERNMENT SECURITIES DEALERS REPORTING TO THE SECURITIES REPORTS DIVISION OF THE FEDERAL RESERVE BANK OF NEW YORK
ABN AMRO Incorporated BNP Paribas Securities Corp. Banc of America Securities LLC Banc One Capital Markets, Inc. Barclays Capital Inc. Bear, Stearns & Co., Inc. CIBC World Markets Corp. Credit Suisse First Boston Corporation Daiwa Securities America Inc. Deutsche Bank Securities Inc. Dresdner Kleinwort Benson North America LLC. Fuji Securities Inc. Goldman, Sachs & Co. Greenwich Capital Markets, Inc. HSBC Securities (USA) Inc. J. P. Morgan Securities, Inc./Chase Securities Inc.* Lehman Brothers Inc. Merrill Lynch Government Securities Inc. Morgan Stanley & Co. Incorporated Nesbitt Burns Securities Inc. Nomura Securities International, Inc. SG Cowen Securities Corporation Salomon Smith Barney Inc. UBS Warburg LLC. Zions First National Bank
NOTE: This list has been compiled and made available for statistical purposes only and has no significance with respect to other relationships between dealers and the Federal Reserve Bank of New York. Qualification for the reporting list is based on the achievement and maintenance of the standards outlined in the Federal Reserve Bank of New York's memorandum of January 22, 1992.