Desk
a.k.a. Trading desk, Dealing desk
A team inside a bank or broker that trades a particular market, such as the FX desk or the rates desk.
In plain English
A team inside a bank or broker that trades a particular market, such as the FX desk or the rates desk.
A desk is a trading team, named after the physical desks traders once sat at. 'The euro desk' handles euro trading; 'the e-trading desk' runs electronic pricing.
In retail forex, a 'dealing desk' broker is one that takes the other side of client trades in-house, as opposed to a 'no dealing desk' broker that routes orders out.
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