Desk Trader

Dictionary Says

Definition of 'Desk Trader'

A trader who is restricted to instituting trades for a firm's clients and who is unable to trade with his/her firm's own accounts.
Investopedia Says

Investopedia explains 'Desk Trader'

If you telephone a brokerage firm to order shares in a company, you'll most likely end up talking to a desk trader who will take the order and send it to the market. Desk traders must be registered with the relevant securities regulators, such as the Securities & Exchange Commission.

Sign Up For Term of the Day!

Try Our Stock Simulator!

Test your trading skills!

Related Definitions

  1. Trading Desk

    A desk where ...
  2. Order

    An investor's ...
  3. Broker

    1. An individual ...
  4. Market Order

    An order that an ...
  5. Securities And Exchange Commission - SEC

    A government ...
  6. Brokerage Account

    An arrangement ...
  7. Book

    A record of all ...
  8. Dealing Desk

    In foreign ...
  9. Boom

    A period of time ...
  10. Dow Jones Industrial Average - DJIA

    The Dow Jones ...

Articles Of Interest

  1. Brokers and Online Trading

    How do you find the right broker for your investment needs? Start by reading our broker tutorial.
  2. Wrap Accounts: A Gift Of Advice?

    Fee-based accounts were banned in 2007, but a on a practical level, this service remains the same for investors.
  3. Understanding Order Execution

    Find out the various ways in which a broker can fill an order, which can affect costs.
  4. Basics Of Trading Systems

    A trading system can save time and take the emotion out of trading, but adopting one takes skill and resources - learn more here.
  5. DCF Valuation: The Stock Market Sanity Check

    Calculate whether the market is paying too much for a particular stock.
  6. How Interest Rates Affect The Stock Market

    Whether you're buying lunch, a home or a stock, you're influenced by interest rates.
  7. Stock Market Simulators: Play Your Way To Profits

    Online stock simulators make learning about stocks as fun and easy as playing a game.
  8. Understanding Interest Rates, Inflation And The Bond Market

    Get to know the relationships that determine a bond's price and its payout.
  9. Why There Are Few Sell Ratings On Wall Street

    We outline reasons that may show why enforcing more sell ratings isn't guaranteed to increase Wall Street's objectivity.
  10. The Roles Of Traders And Investors In The Marketplace

    Discover how these two groups work together to keep the market functioning properly.

comments powered by Disqus
Recommended
Loading, please wait...
Trading Center