Swap dealers:
A)charge an up-front fee for arranging a swap
B)reduce the search costs of parties requiring swap transactions
C)sell standardised, liquid swap contracts
D)act as agents for swap parties, not as counterparties.
E)All of these are correct.

Question

Quizplus · Accepted Answer

Swap dealers primarily reduce the search costs of parties requiring swap transactions by acting as intermediaries to match counterparties with complementary needs.

Swap Dealers