Market Participants
Market Makers and Inter Dealer Brokers
This page provides the names, postal addresses and website addresses for the Gilt-edged Market Makers (GEMMs) and Inter Dealer Brokers (IDBs). A Gilt-edged Market Maker is a primary dealer in gilts and actively trades in either conventional gilts, index-linked gilts or both. Inter Dealer Brokers act as intermediaries for anonymous trading between market makers.
Gilt-edged Market Makers
Conventional and Index-linked Market Makers
Banco Santander S.A. (London Branch)
2 Triton Square
Regent's Place
London
NW1 3AN
www.santander.com/en/landing-pages/banco-santander-london-branch
Bank of Montreal (London Branch)*
100 Liverpool Street
London
EC2M 2AT
https://capitalmarkets.bmo.com/en/
Barclays Bank plc†
5 The North Colonnade
Canary Wharf
London
E14 4BB
https://home.barclays/
BNP Paribas
10 Harewood Avenue
London
NW1 6AA
https://group.bnpparibas
Citigroup Global Markets Limited
Citigroup Centre
33 Canada Square
London
E14 5LB
www.citigroup.com/citi/
Deutsche Bank AG (London Branch)
Winchester House
1 Great Winchester Street
London
EC2N 2DB
https://country.db.com/uk/
Goldman Sachs International Bank
Plumtree Court
25 Shoe Lane
London
EC4A 4AU
www.goldmansachs.com
HSBC Bank plc†
8 Canada Square
London
E14 5HQ
www.hsbc.com
J.P. Morgan Securities plc
25 Bank Street
Canary Wharf
London
E14 5JP
www.jpmorgan.com
Lloyds Bank Corporate Markets plc
25 Gresham Street
London
EC2V 7AE
www.lloydsbank.com/business/corporate-banking/
Merrill Lynch International
2 King Edward Street
London
EC1A 1HQ
www.bofaml.com/content/boaml/en_us/home.html
Morgan Stanley & Co. International plc
20 Cabot Square
Canary Wharf
London
E14 4QW
www.morganstanley.com
NatWest Markets plc†
250 Bishopsgate
London
EC2M 4AA
https://ci.natwest.com
Nomura International plc
One Angel Lane
London
EC4R 3AB
www.nomura.com
RBC Europe Limited
100 Bishopsgate
London
EC2N 4AA
www.rbccm.com
The Toronto-Dominion Bank*
60 Threadneedle Street
London
EC2R 8AP
www.td.com
UBS AG (London Branch)
5 Broadgate
London
EC2M 2QS
www.ubs.com
Winterflood Securities Limited†*
The Atrium Building
Cannon Bridge
25 Dowgate Hill
London
EC4R 2GA
www.winterflood.com
† Strips Market Participant
* Retail GEMM
Inter Dealer Brokers
BGC Brokers L.P.
One Churchill Place
Canary Wharf
London
E14 5RD
www.bgcpartners.com
Dowgate
1st Floor
Cutlers Court
115 Houndsditch
London
EC3A 7BR
www.kingandshaxson.com
GFI Securities Limited
1 Snowden Street
London
EC2A 2DQ
www.gfigroup.com
ICAP, a division of TP ICAP Markets Limited
135 Bishopsgate
London
EC2M 3TP
www.tpicap.com
Tradition (UK) Ltd
Beaufort House
15 St. Botolph Street
London
EC3A 7QX
www.tradition.com
Tullett Prebon Gilts
135 Bishopsgate
London
EC2M 3TP
www.tullettprebon.com
1. The role of Gilt-edged Market Makers and Inter Dealer Brokers is described in the DMO publication "A guide to the roles of the DMO and Primary Dealers in the UK government bond market".
2. The DMO is not responsible for the content of external websites linked to or referenced from the DMO server. The DMO neither endorses the information, content, presentation, or accuracy of such websites, nor makes any warranty, express or implied, regarding these external websites.