Dealing Desk

AAA

DEFINITION of 'Dealing Desk'

In foreign currency markets, the location of a financial institution's forex dealers. Since the forex market is open around-the-clock, many institutions have dealing desks around the world. Dealing desks can also be found outside the foreign exchange markets, such as in banks and finance companies, to execute trades in securities.

INVESTOPEDIA EXPLAINS 'Dealing Desk'

The term "desk" may be a bit of a misnomer, given its connotation of a table shared by a couple of traders. Large financial institutions often have dealing facilities that are staffed by hundreds of dealers. In a large institution, major currencies, such as the euro and yen, may have several dealing desks staffed by dozens of traders who specialize in these currencies.

RELATED TERMS
  1. Day Trader

    A investor who attempts to profit by making rapid trades intraday. ...
  2. Trading Desk

    A desk where transactions for buying and selling securities occur. ...
  3. Desk Trader

    A trader who is restricted to instituting trades for a firm's ...
  4. Interbank Rate

    The rate of interest charged on short-term loans made between ...
  5. Interbank Market

    The financial system and trading of currencies among banks and ...
  6. Forex Trading Strategy

    A set of analyses that a forex day trader uses to determine whether ...
Related Articles
  1. How To Pay Your Forex Broker
    Forex Education

    How To Pay Your Forex Broker

  2. An Introduction To Day Trading
    Active Trading Fundamentals

    An Introduction To Day Trading

  3. Day Trading Strategies For Beginners
    Trading Strategies

    Day Trading Strategies For Beginners

  4. The Foreign Exchange Interbank Market ...
    Forex Education

    The Foreign Exchange Interbank Market ...

comments powered by Disqus
Hot Definitions
  1. Ghosting

    An illegal practice whereby two or more market makers collectively attempt to influence and change the price of a stock. ...
  2. Elasticity

    A measure of a variable's sensitivity to a change in another variable. In economics, elasticity refers the degree to which ...
  3. Tangible Common Equity - TCE

    A measure of a company's capital, which is used to evaluate a financial institution's ability to deal with potential losses. ...
  4. Yield To Maturity (YTM)

    The rate of return anticipated on a bond if held until the maturity date. YTM is considered a long-term bond yield expressed ...
  5. Net Present Value Of Growth Opportunities - NPVGO

    A calculation of the net present value of all future cash flows involved with an additional acquisition, or potential acquisition. ...
  6. Gresham's Law

    A monetary principle stating that "bad money drives out good." In currency valuation, Gresham's Law states that if a new ...
Trading Center