Sentences with phrase «dealing desk»
The term "dealing desk" refers to a physical location or a team within a financial institution where trades and transactions are executed. It is usually where people oversee buying and selling activities of financial assets, like stocks, bonds, or currencies. They connect buyers and sellers and make sure transactions happen smoothly. Full definition
Dealing desk brokers are also known as market makers.
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When trading Forex via FXCM's dealing desk execution model, FXCM is the final counterparty to these transactions.
At HiwayFX, they have only 2 main types of trading account; Standard Non Dealing Desk (NDD) account and ECN NDD account.
Our Corporate Dealing Desk can also help manage risk with tailored solutions using Forwards and Options allowing you to focus on the important things, like your business.
Both the Forex ECN and STP brokers are intermediaries to several dealing desks or market makers in the global Forex market.
To find out more about or apply to this Senior Deal Desk Manager job — and other great opportunities like it — become a FlexJobs member today!
Expertise in embedded software products, pricing configurations, writing proposals / quotes, working with Legal, Finance, and Deal Desk in composing contracts for delivery, getting the deal submitted through Sales Force for booking and revenue recognition.
When trading Forex via FXCM's Dealing Desk execution model, FXCM is the final counterparty to these transactions.
Some brokers operate with a Non Dealing Desk (NDD) business model.
Only non-dealing desk brokers provide such access; dealing desk brokers fulfill orders in - house and therefore are not DMA brokers.
In an effort to improve sales productivity, organizations historically have invested in technology that's specifically focused on increasing efficiency: configure, price and quote (CPQ) solutions; deal desks; contract management software and the like.
Prices are therefore derived from the liquidity providers in the interbank market, or from the dealing desk of market maker brokers.
Should you be left with such a position then it should be closed via either the Account Summary or by contacting the dealing desk.
Brokers provide access to different types of accounts, as well as two fundamental brokerage models (market maker / dealing desk and ECN / non-dealing desk brokerage models).
Under the dealing desk execution model, FXCM's trading desk makes prices for the CFD instruments it makes available to its clients.
Contract for Difference products are generally subject to dealing desk execution.
When you trade forex with FXCM using a No Dealing Desk execution model, you are trading on price feeds that are being provided by multiple liquidity providers.
FXCM reserves the right to switch a client's execution to No Dealing Desk without prior consent from client, for any reason, including but not limited to, the product being traded, trading style of client, or volume traded.
DMA brokers allow the traders to get pricing directly from liquidity providers without intervention from a dealing desk.
Acclaimed execution: We use an innovative No Dealing Desk model, which offers offer low spreads and anonymous execution, for most CFD transactions
With the second type of NDD broker, upon receiving your trade orders they will pass the trade orders directly to another party to be executed by the market maker's dealing desk.
A dealing desk broker takes the other side of the trade to you, meaning when you open a position like the EUR / USD the trade will be executed by the broker and they are then exposed to that trade.
With the first type (ECN) when you press «Buy» on your trading platform, your trade orders will be processed on the broker's computer trading system automatically and transmitted through the Electronic Communications Network (ECN) without a dealing desk (This is where the term «Non Dealing Desk» (NDD) comes from).
For some forex traders, using a back - up market data feed is tricky because you trade with a dealing desk.
Forex dealer or Market Maker processes their clients trading instructions through a dealing desk within their company.
It should be noted that the ECN / STP does not execute trades but rather acts as the conduit for transmitting the trade orders from the trader to the dealing desk where the trader took the price from.
The advantage of Trading Forex online is having the possibility to deal with no Dealing Desk.
FXCM pioneered the No Dealing Desk forex execution model, providing competitive, transparent execution for forex traders.
The additions aim to enhance risk management for no dealing desk (NDD) solutions.
For retail traders, the brokers «make the market» by executing the trade in - house at the level of the dealing desk.
We have relationships with numerous top - leading banks and liquidity providers, enabling you to trade on institutional grade liquidity with no dealing desk, price manipulation or re-quotes.
ATFX is classified as an NDD (No Dealing Desk) broker as it operates on an STP (Straight through Processing) business model.
Contract for Difference products are generally subject to Dealing Desk execution.
FXCM reserves the right to switch a client's execution to No Dealing Desk without prior consent from the client for any reason, including but not limited to, the product being traded, trading style of client, or volume traded.
Also, true ECN brokers have no dealing desk.
With its No Dealing Desk business model, traders at InterTrader can be assured of getting the best spreads possible on their trades.
The powerful cTrader trading platform lets FIBO group's clients access to the forex market using NDD (Non Dealing Desk) Technology.
Stop hunting is a practice where some crooked market maker brokers move prices move prices using a dealing desk attempt to stop trades even when actual market prices are still a few points away.
We provide our clients with fully transparent trading environment, giving you direct access with no dealing desk intervention or price manipulation.
For forex brokers operating with a NDD (Non Dealing Desk) business model, only then will traders be required to pay a small commission for each lot traded.
Some say that this can lead to a conflict of interest, as there are dealing desks that might fill your orders on a discretionary basis depending on whether or not their own opposing position could turn out profitable for them, but this isn't always the case.
ESN Forex broker is the broker that is not provided with a dealing desk.
Such online brokers are spread all over the world and are supplied with all the necessary trading platforms, advisors, dealing desks and other information and instruments.
With NDD brokers, there is no dealing desk and orders are passed on straight to the liquidity providers for execution.
There is no dealing desk interference with the price quote structure and that is why ECN pricing represents the most transparent system of delivery of price quotes to Forex brokers.
That is a structural conflict of interest, especially if a dealing desk is used.
Be responsible for creating and managing contract templates, reviewing and processing contracts and ensure policies and procedures for the deal desk are documented well.
3 - 5 + years of deal desk is needed.