Wholesale Markets Brokers' Association

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Wholesale Market Brokers Association
Wmba logo.gif
Headquarters London
Products Industry association that represents the interests of the inter-dealer brokers
Web site www.wmba.org

The Wholesale Markets Brokers Association (WMBA) is based in London and represents the interests of the inter-dealer brokers who operate in the wholesale financial markets in interest rates, credit, foreign exchange and equity derivatives.[1]

It has a sister association, the London Energy Brokers Association (LEBA) the members of which trade principally in gas, power, oil, carbon emissions certificates as well as some other energy products.[2]

In 2009 WMBA supported the move towards a central counterparty (CCP) as an effective step to improve the settlement of credit default swaps and other OTC products generally.[3]

In July of 2009, the WMBA formed the Wholesale Markets Brokers' Association Americas Inc.


History

Products and Services

Membership

Its members trade in a wide range of OTC products and their derivatives in a product range that covers all Treasury and capital markets, including credit default swaps (CDS).



Key People


References

  1. Press Release. WMBA.
  2. ESCB/CESR Consultation Paper. ESCB.
  3. Wholesale Market Brokers Association Defends OTC Derivatives Against WFE’s Statement. Advanced Trading.