An interdealer broker acts as what in fixed income trading?

• A. Trader who trades securities between brokers who work in the same firm, e.g. inter-dealers
• B. International brokerage firm and is legally permitted to trade as a dealer internationally
• C. An intermediary between two or more brokerage firms to cross fixed income trades where the anonymity of the broker can be preserved and broker's intent and interest are thereby not disclosed to the counterparty prior to the trade
• D. Broker's research function

Answer: (C)