ASL Capital named primary dealer by the Federal Reserve

ASL Capital Markets Inc. has been added to the list of primary dealers, effective April 4, 2022.

ASL is now one of 25 primary dealers, which serve as counterparties to the New York Fed in open-market operations, underwrite Treasury debt issuance, and provide analysis and market intelligence to trading desks at the New York Fed.

“Being designated a primary dealer by the Federal Reserve Bank of New York is consistent with our focused strategy to provide our customers with the highest level of service and best market intelligence in the U.S. government securities sector,” said David Littlewood, ASL Chief Executive Officer.

“We are delighted to join the group of dealers trading directly with the Federal Reserve Bank of New York,” said Evan Gerhard, ASL President and Chief Operating Officer. “This designation is a natural next step as we continue to build our fixed income platform to provide broad access and liquidity in US government securities.”

Related Posts

Previous Post
DataLend: securities lending revenue up 32% to $836mn in March yoy
Next Post
CCPs prepare to increase capital to meet the costs of market volatility

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.


Reset password

Create an account