Swap Dealer
An individual who acts as the counterparty in a swap agreement for the fee (called a spread).

Investopedia Says:
These are the market makers for the swap market. Because swap arrangements aren't actively traded, swap dealers allow broker to standardize swap contracts to some extent.

Related Terms:
Broker-Dealer
Market Maker
Market Maker Spread
Spread
Swap
Swap Bank
Swap Spread

• Speed Resistance Lines
• Spending Phase
• Spiders (SPDR)
• Spiders (SPDR)
• Spike
• Spillover Dividend
• Spinning
• Spinoff
• Split Adjusted
• Split Block Pricing
• Split Close
• Split-Off
• Split-Up
• Sponsor
• Sponsored ADR
• Spoofing
• Spot Commodity
• Spot Delivery Month
• Spot Exchange Rate
• Spot Market
• Spot Price
• Spot Rate
• Spot Rate Treasury Curve
• Spot Secondary
• Spot Trade