Intermediaries are vital for a well-functioning financial system and allow their clients to solve the problems they face more efficiently than they could by themselves. We find several types: Brokers, Exchanges, and Alternative trading systems Dealers and Securitizers Depository Institutions Insurance Companies Arbitrageurs, and Clearinghouses and Custodians Let’s examine...

Intermediaries are vital for a well-functioning financial system and allow their clients to solve the problems they face more efficiently than they could by themselves. We find several types: Brokers, Exchanges, and Alternative trading systems Dealers and Securitizers Depository Institutions Insurance Companies Arbitrageurs, and Clearinghouses and Custodians Let’s take...

Intermediaries are vital for a well-functioning financial system and allow their clients to solve the problems they face more efficiently than they could by themselves. We find several types: Brokers, Exchanges, and Alternative trading systems Dealers and Securitizers Depository Institutions Insurance Companies Arbitrageurs, and Clearinghouses and Custodians Let’s take...