The opposite of a
No Dealing Desk, a Dealing Desk execution utilizes the principal execution model in which the broker sets the price it presents to traders and is responsible for managing the risk associated with customer positions. The brokers dealing desk may hedge their customer's trading risk through their own banking relationships as they see fit or choose to maintain its trading position if it believes the price may move in its favor and against the customer. If the dealing desk chooses to maintain its trading position, the broker may profit from customer losses or lose due to customers profits.
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Forex 
