All marketsIntermediate

Buy-Side

The investors who buy financial services and products: fund managers, pension funds, hedge funds and the like.
In plain English

The investors who buy financial services and products: fund managers, pension funds, hedge funds and the like.

The buy-side are the customers of Wall Street: firms that manage money and invest it, such as hedge funds, pension funds and asset managers.

The sell-side are the banks and brokers who create, sell and make markets in those products. Both trade huge amounts of currency, but for different reasons: the buy-side to invest, the sell-side to serve clients and manage its book.

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