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OTC books grew in 2024 but remain below peaks

Dealer Rankings 2025: US fund and insurer books were larger in 11 of 16 markets

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This article is part of the Dealer Rankings 2025. You can find the overview article here, analysis of the top 10 dealers here and a detailed methodology here

Viewed from a distance, a market is a busy, buzzy place. Sellers have their pitches – stalls, kiosks, benches – and jostling buyers fill the aisles between them. It is difficult to see what’s happening. Things are being sold; things are

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