Qu'est-ce que « Single-dealer platform, FX prime brokerage » ?

A single-dealer platform is a dealer’s own electronic system through which its clients see its prices and trade with it. FX prime brokerage is the service by which a dealer lets a client trade with a set of other dealers in the prime broker’s name and on its credit: each trade is given up to the prime broker, which becomes the counterparty of the executing dealer and of the client.