Ishares Ibonds Dec 2020 Corpora
An individual or legal entity engaged in buying and selling or quoting financial instruments who acts on own behalf and at own expense; the dealer can enter into direct transactions with customers, brokers, or another dealer; the dealer profit is the difference between the purchase and sale prices of financial instruments, as well as changes in the market value thereof.
A repo (repurchase agreement) is a type of transaction in which securities are sold and an agreement to repurchase them at a predetermined price is concluded at the same time. Repo transactions appeared in the USA for the first time in 1917. The US Federal Reserve used this type of transaction to credit other banks.
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