NatWest Exits New York Fed Primary Dealer List in Bond Market Retreat

US Markets4 days ago

The markets securities division of NatWest has withdrawn from the roster of authorized traders of government securities at the New York Fed. This removal ends the bank's status as a primary dealer, a designation that provides firms with direct trading access to the central bank.

The decision is part of a broader strategic pullback from government bond markets in both the US and Europe. The move reduces the bank's exposure to sovereign debt trading across these two regions.

Mapped to your portfolio

Possible scenarios

45%Orderly Dealer Consolidation+0.1%
30%Liquidity Worries Spread-0.8%
15%Policy Response Accelerates+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.

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NatWest Exits New York Fed Primary Dealer List in Bond Market Retreat

In this story

NatWest Group Federal Reserve Bank of New York United States Europe

$NWGNatWest Group Plc

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Portfolio

SPY
State Street SPDR S&P 500 ETF Trust
100%

Mapped to your portfolio

Possible scenarios

45%Orderly Dealer Consolidation+0.1%
30%Liquidity Worries Spread-0.8%
15%Policy Response Accelerates+0.2%

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.