The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach & Education function engages, empowers and educates the public in the Second District. Our outreach mission furthers the Bank’s commitment to the region by listening to the communities we serve and developing programs, analysis and sponsored conferences and clinics to help meet their needs. Our education mission aims to advance public knowledge about the Federal Reserve System and its role in the economy.
Memorandum to all Primary Dealers and Recipients of the Weekly Press Release on Dealer Positions and Transactions
Attached is a revised list of the dealers that report weekly to the Securities Reports Division of the Federal Reserve Bank of New York.
The latest list reflects the following changes:
*Donaldson, Lufkin & Jenrette Securities Corporation (DLJ) has been acquired by Credit Suisse First Boston Corporation, effective November 3, 2000. DLJ will cease to be a primary dealer by December 31, 2000.
**Paine Webber Incorporated became a business division of UBS Warburg LLC. on November 3, 2000. Paine Webber will cease to be a primary dealer on December 4, 2000.
LIST OF THE PRIMARY GOVERNMENT SECURITIES DEALERS REPORTING TO THE MARKET REPORTS DIVISION OF THE FEDERAL RESERVE BANK OF NEW YORK
ABN AMRO Incorporated BNP Paribas Securities Corp. Banc of America Securities LLC Banc One Capital Markets, Inc. Barclays Capital Inc. Bear, Stearns & Co., Inc. Chase Securities Inc. CIBC World Markets Corp. Credit Suisse First Boston Corporation/Donaldson, Lufkin & Jenrette Securities Corporation* Daiwa Securities America Inc. Deutsche Bank Securities Inc. Dresdner Kleinwort Benson North America LLC. Fuji Securities Inc. Goldman, Sachs & Co. Greenwich Capital Markets, Inc. HSBC Securities (USA) Inc. J. P. Morgan Securities, Inc. Lehman Brothers Inc. Merrill Lynch Government Securities Inc. Morgan Stanley & Co. Incorporated Nesbitt Burns Securities Inc. Nomura Securities International, Inc. Prudential Securities Incorporated SG Cowen Securities Corporation Salomon Smith Barney Inc. UBS Warburg LLC./ Paine Webber Incorporated** Zions First National Bank
NOTE: This list has been compiled and made available for statistical purposes only and has no significance with respect to other relationships between dealers and the Federal Reserve Bank of New York. Qualification for the reporting list is based on the achievement and maintenance of the standards outlined in the Federal Reserve Bank of New York's memorandum of January 22, 1992.