Interdealer brokers play crucial roles in global financial markets, facilitating the execution of a complex and astonishing array of financial instruments every trading day, by providing specialist intermediary broking services to commercial and investment banks in the wholesale financial markets. Leveraging on unparalleled access to liquidity in these markets, interdealer brokers offer banks and financial institutions significant economies of scale in price discovery, enabling clients to tap on their expertise and network to execute trades efficiently and effectively in all market conditions. Banks pay interdealer brokers a commission when they use their services to complete a deal.

As a key partner in Singapore’s phenomenal growth as a leading financial centre in the world today, the Singapore Money Brokers Association (SMBA) strives to foster high standards of professionalism and integrity amongst industry practitioners and member firms, as well as to promote the advancement of industry expertise, training and education.