Primary Dealers List Archive

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.
Primary Dealers List »

Date
Changes to Primary Dealers List
Oct 31, 2011


MF Global has been deleted from the list of primary dealers, effective October 31, 2011.
October 31, 2011
Revised Primary Dealers List ››
Oct 4, 2011


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 ››
Jun 1, 2011

Morgan Stanley & Co. Incorporated converted to a LLC, Morgan Stanley & Co. LLC, effective May 31, 2011.
June 1, 2011
Revised Primary Dealers List ››
Feb 2, 2011

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 ››
Nov 2, 2010

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 ››
Nov 1, 2010

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 ››
Sep 1, 2010

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 ››
Apr 1, 2010

Daiwa Securities America Inc. changed its name to Daiwa Capital Markets America Inc., effective April 1, 2010.
April 1, 2010
Revised Primary Dealers List ››
Jul 27, 2009

Nomura Securities International, Inc. has been added to the list of primary dealers, effective July 27, 2009.
July 27, 2009
Revised Primary Dealers List ››
Jul 7, 2009

RBC Capital Markets Corporation has been added to the list of primary dealers, effective July 8, 2009.
July 7, 2009
Revised Primary Dealers List ››
Jun 26, 2009

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 ››
Jun 17, 2009

Jefferies & Company, Inc. added to the list of primary dealers effective June 18, 2009.
June 17, 2009
Revised Primary Dealers List ››
Feb 11, 2009

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 ››
Oct 1, 2008

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 ››
Sep 22, 2008

Lehman Brothers Inc. was deleted from the list of primary dealers.
September 22, 2008
Revised Primary Dealers List ››
Jul 15, 2008

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 ››
Jun 5, 2008
Revised
July 15, 2008

Dresdner Kleinwort Wasserstein Securities LLC changed its name to Dresdner Kleinwort Securities LLC
September 18, 2006
Revised Primary Dealers List ››
Nov 30, 2007
Nomura Securities International, Inc. has withdrawn its name from the list of primary dealers
November 30, 2007
Revised Primary Dealers List ››
Feb 8, 2007
CIBC World Markets Corp. has withdrawn its name from the list of primary dealers
February 8, 2007
Revised Primary Dealers List ››
Sep 15, 2006
ABN AMRO Bank, N.V., New York Branch has withdrawn its name from the list of primary dealers
September 15, 2006
Revised Primary Dealers List ››
Jul 31, 2006
Cantor Fitzgerald & Co. added to the list of primary dealers effective August 1, 2006.
July 31, 2006
Revised Primary Dealers List ››
Jan 17, 2006
Credit Suisse First Boston LLC changed its name to Credit Suisse Securities (USA) LLC.
January 16, 2006
Revised Primary Dealers List ››
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 ››
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 ››
Jan 14, 2004
Countrywide Securities Corporation was added to the list of primary dealers.
Revised Primary Dealers List ››
Jun 12, 2003
UBS Warburg LLC changed its name to UBS Securities LLC.
Revised Primary Dealers List ››
Apr 7, 2003
Salomon Smith Barney Inc changed its name to Citigroup Global Markets Inc.
Revised Primary Dealers List ››
Mar 18, 2003
Credit Suisse First Boston Corporation changed its name to Credit Suisse First Boston LLC.
Revised Primary Dealers List ››
Dec 9, 2002
ABN AMRO Incorporated changed its name to ABN AMRO Bank, NV, New York Branch.
Revised Primary Dealers List ››
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 ››
Oct 31, 2001
SG Cowen Securities Corporation withdrew its name from the list of primary dealers.
Revised Primary Dealers List ››
Jul 2, 2001
Dresdner Kleinwort Benson North America LLC changed its name to Dresdner Kleinwort Wasserstein Securities LLC.
Revised Primary Dealers List ››
May 23, 2001
Nesbitt Burns Securities Inc changed its name to BMO Nesbitt Burns Corp.
Revised Primary Dealers List ››
May 1, 2001
JP Morgan Securities Inc merged with Chase Securities Inc to form JP Morgan Securities Inc.
Revised Primary Dealers List ››
Jan 16, 2001
Deutsche Bank Securities, Inc changed its name to Deutsche Banc Alex. Brown Inc.
Revised Primary Dealers List ››
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 ››
Jan 2, 2001
Donaldson, Lufkin & Jenrette Securities Corporation has withdrawn its name from the list of primary dealers.
Revised Primary Dealers List ››
Dec 5, 2000
Paine Webber Incorporated withdrew its name from the list of primary dealers.
Revised Primary Dealers List ››
Dec 1, 2000
Prudential Securities Incorporated withdrew its name from the list of primary dealers.
Revised Primary Dealers List ››
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 ››
Sept 15, 2000
Paribas Corporation changed its name to BNP Paribas Securities Corp.
Revised Primary Dealers List ››
May 1, 2000
Warburg Dillon Read LLC changed its name to UBS Warburg LLC.
Revised Primary Dealers List ››
April 17, 2000
Aubrey G. Lanston & Co, Inc withdrew its name from the list of primary dealers.
Revised Primary Dealers List ››
Sept 23, 1999
CIBC Oppenheimer Corp changed its name to CIBC World Markets Corp.
Revised Primary Dealers List ››
July 1, 1999
SG Cowen Securities Corporation was added to the list of primary dealers.
Revised Primary Dealers List ››
June 4, 1999
BT Alex. Brown Incorporated withdrew its name from the list of primary dealers.
Revised Primary Dealers List ››
June 1, 1999
HSBC Securities, Inc changed its name to HSBC Securities (USA) Inc.
Revised Primary Dealers List ››
May 17, 1999
NationsBanc Montgomery Securities LLC changed its name to Banc of America Securities LLC.
Revised Primary Dealers List ››
April 1, 1999
First Chicago Capital Markets, Inc changed its name to Banc One Capital Markets, Inc.
Revised Primary Dealers List ››
Jan 4, 1999
The Nikko Securities Co International, Inc withdrewn its name from the list of primary dealers.
Revised Primary Dealers List ››
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