NYU Bank is a major force in the derivatives market. Does it make more sense for NYU Bank to function as a dealer or as a broker in such a role? What is the difference between a dealer and a broker in terms of (i) function, (ii) compensation, (iii) exposure to risk? 

Answer rating: 100% (QA)

For NYU Bank to operate effectively in the derivatives market it would depend on its specific business model risk appetite and market expertise Both d... View the full answer