Bond Dealers of America

About BDA

Focused on the unique business of middle market, sell-side fixed income dealers.

Since its founding in 2008, the Bond Dealers of America has been the Washington, DC based organization that represents securities dealers and banks predominantly focused on the U.S. fixed income markets. Five years later, the BDA remains the only organization representing the unique interests of national, middle-market dealers. In addition to federal advocacy, the BDA hosts a series of meetings and conferences specific to domestic fixed income, in addition to economic surveys and an annual compensation survey.

The Bond Dealers of America is focused on the unique business, market practice, regulatory, and legislative interests of middle market, sell-side, fixed income dealers. This homogeneous group of firms, along with staff based in Washington, DC, lobbies on federal legislative and regulatory issues while simultaneously offering programming and publications dedicated to this demographic of securities dealer.

Programming ranges from an annual conference to key regulator and policy maker meetings in Washington, DC to half-day roundtables and forums dedicated to fixed income senior management or focused on business or market practice issues like technology, compliance, operations, and new products and trading strategies.

Publications include debt issuance surveys, business and staffing trends, and an annual compensation survey encompassing ten distinct departments within fixed income capital markets.

Staff is based in Washington, DC and has a combined dozens of years of political, securities industry, and trade association experience.

BDA Membership

Ameriprise Financial
Minneapolis, MN

BB&T Capital Markets
Richmond, VA

Bernardi Securities, Inc.
Chicago, IL

B.C. Ziegler & Company
Chicago, IL

Coastal Securities, Inc.
Houston, TX

Comerica Securities
Detroit, MI

Crews & Associates, Inc.
Little Rock, AR

Cronin & Co., Inc.
Minneapolis, MN

Davenport & Company, LLC
Richmond, VA

De La Rosa & Co., Inc.
Los Angeles, CA

Dougherty & Company LLC
Minneapolis, MN

Duncan-Williams, Inc.
Memphis, TN

Estrada Hinojosa
Dallas, TX

Fifth Third Securities
Columbus, OH

First Southwest Company
Dallas, TX

George K. Baum & Company
Kansas City, MO

G.X. Clarke & Co.
Jersey City, NJ

The Huntington Investment Company
Columbus, OH

Hutchinson, Shockey, Erley & Co.
Chicago, IL

Incapital LLC
Chicago, IL

Janney Montgomery Scott, LLC
Philadelphia, PA

JW Korth & Company
Miami, FL

KeyBanc Capital Markets
Columbus, OH

National Alliance Securities
Dallas, TX


Northland Securities, Inc.
Minneapolis, MN

Piper Jaffray
Minneapolis, MN

Raymond James & Associates
St. Petersburg, FL

Samuel A. Ramirez & Company Inc.
New York, NY

Southwest Securities, Inc.
Dallas, TX

Stephens Inc.
Little Rock, AR

Stifel Nicolaus
St. Louis, MO

Vanguard Brokerage Services
Valley Forge, PA

Vining Sparks
Memphis, TN

Wells Fargo Advisors
St. Louis, MO

Wells Fargo Securities
Charlotte, NC

William Blair
Chicago, IL

Assured Guaranty
New York, NY

Bloomberg TOMS
New York, NY

BondDesk Trading
New York, NY

BondWave
Wheaton, IL

Broadridge Financial Solutions
New York, NY

Build America Mutual Assurance Company
New York, NY

Interactive Data
Bedford, MA

KCG Bondpoint
Atlanta, GA

Lumesis
Stamford, CT

MarketAxess
New York, NY

National Public Finance Guarantee
Armonk, NY

Pershing, LLC
Jersey City, NJ

Standard & Poor’s Securities Valuation Services
New York, NY

TMC Bonds
New York, NY

Tradeweb Retail
Jersey City, NJ

Verus Consulting Group
Naples, FL