Interdealer broking

Hi

Does anyone have any insight into the world of interdealer broking? I’m wondering what the role of an OTC derivatives broker would be like.

Is traditional voice broking now obsolete? Are there still high volumes of deals requiring a broker? Will the role eventually be made redundant through automation?

Thanks

299 WSO Academy Sales & Trading Session Reviews: 4.86/5

Class of '28 Apr 2026 Cohort

5.00/5

Sales & Trading Mock Interview

“My mock session with Joyce was genuinely useful and very targeted. Rather than generic advice, she caught specific delivery habits I need to fix before my Superday. First, she pointed out how often I lean on filler words like "like" and "emm", and gave me a clear fix: pause instead of filling the silence. Second, she told me to slow down my pace overall, which should make my answers sound more confident and easier to follow. Third, she flagged that my opening warm-up came across as a bit stiff, and coached me to be warmer and more personable in the first few minutes so I build rapport before the technical part starts. All three points are things I can practice immediately, which is exactly what I needed at this stage of prep. The session felt focused and honest about what needs work, and I came out with a clear practice list. I would happily book with Joyce again for another round closer to the Superday.”

Thompson Rivers University

Class of '29 Nov 2026 Cohort

4.56/5

Sales & Trading Career Roadmap (optional)

“I had a great experience speaking with him and genuinely appreciated the time he took to share his insights and experiences. He was extremely knowledgeable about the Sales & Trading industry and did a great job explaining different aspects of the role, the industry, and what it takes to build a career in this space. He communicated exceptionally well, was approachable and kind throughout the conversation, and made it very easy to ask questions and engage in a meaningful discussion. I particularly appreciated that he provided actionable advice and practical takeaways that I can apply as I continue exploring opportunities in Sales & Trading and preparing for internship recruiting. He was also very accommodating when it came to scheduling the conversation. Overall, it was a very valuable networking experience, and I am grateful for his willingness to share his knowledge and offer guidance to someone early in their finance career.”

See All 11,633 WSO Academy Reviews

1 Comments

WSO Monkey Bot

O

3y

Vero sunt ea consequatur veritatis quia eos excepturi. Aspernatur accusantium fugiat dolores et cum facilis. Nam et consequatur velit. Quisquam saepe sit ut fugiat sed occaecati.

Perferendis tempore sunt quaerat nam dolore non sed eius. Tenetur architecto molestias repellat reiciendis. Molestiae ducimus enim laboriosam. Asperiores dolor nisi cupiditate odit provident. Ex tempore et similique ut et corrupti. Libero debitis quo omnis vitae. Nihil eum repudiandae et.

Fugiat velit ut ut ipsum. Maxime modi quia ut sunt libero. Fuga velit inventore qui nulla nam. Et omnis et omnis numquam qui ipsam ullam corporis. Sunt optio earum eos est aut numquam. Aut dolor voluptas alias.

+10	Non-Compete When Moving from a Commodity Trading House to HF	2	1h
+9	S&T at an IB or Product Owner at Revolut?	1	6d
+9	How Do I Break In / Land A Trading Seat?	1	2d
+7	GS vs MS vs JPM S&T SA 2027	4	1d

1	redever	99.2
2	BankonBanking	99.0
3	Secyh62	99.0
4	kanon	99.0
5	Betsy Massar	98.9
6	DrApeman	98.9
7	GameTheory	98.9
8	CompBanker	98.9
9	dosk17	98.9
10	Mimbs	98.8

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Interdealer broking

Score Breakdown

Feedback

Score Breakdown

Feedback

Elite Career Bootcamp. Top Job Offer Guaranteed.

Elite Career Bootcamp. Top Job Offer Guaranteed.

Interdealer broking

See All Comments - 100% Free

Trending Content - Sales and Trading Forum