 | What is the definition of Dealing Desk?
A dealing desk is a desk where buying and selling of securities is done. It is also referred to as a trading desk.
|  | TradersLaboratory decodes Dealing Desk
In the financial markets, traders can buy or sell securities in two ways:- directly from the liquidity providers (banks)
- through the dealing desk of brokers
When buying directly from the liquidity providers, traders get access to pricing and deals directly. When buying through the dealing desks, traders buy indirectly, as the brokers operating dealing desks buy from the liquidity providers and resell to the traders. In this instance, the dealing desk broker is not operating as a broker but as a dealer. Dealing desks have implications for traders as traders are offered pricing at slightly marked up rates. Dealing desks have also been implicated in some pricing abnormalities such as stop hunting, slippages and re-quotes. |
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