
What is Dealing Desk broker?
A dealing desk broker is a market maker. Market makers typically offer fixed spreads and may elect to quote above or below actaul market prices at any time. Market makers are always the counterparty of the trader, who does not trade directly with the liquidity providers. Market makers get paid through thr spreads, and they usually also take the opposite trades of their clients prior to covering themselves with regards to the liquidity providers.
Aug 16, 2021 22:17