Meaning & use
trading desk
Last updated
Meanings
nouncountablefinance
The department or room in a bank or investment firm where staff buy and sell shares, bonds, currencies and other financial products.
Grammar: Can be a place or a team: the trading desk is busy.
Patterns
- work on a trading desk
- a trading desk at a bank
She started her career on a trading desk at a large bank.
The trading desk was noisy when the markets opened.
News of the merger sent the trading desk into action.
nouncountablefinance
The group of traders in a firm who handle orders for a particular market or product.
Grammar: Often with a modifier: the bond trading desk.
Patterns
- the bond trading desk
- the currency trading desk
The bond trading desk reported strong profits this quarter.
He moved to the currency trading desk after two years in sales.
A new head was appointed to the equities trading desk.
Word forms
| plural | trading desks |
|---|
Common combinations
- work on a trading desk
- He works on a trading desk at an investment bank.
- head of the trading desk
- The head of the trading desk resigned last week.
- bond trading desk
- The bond trading desk made large gains in March.
- equity trading desk
- The firm hired new staff for its equity trading desk.
- trading desk losses
- Trading desk losses hurt the bank's earnings.
Synonyms and how they differ
- dealing room
- This is a British term for the same room where trading takes place.
- trading floor
- This usually means the large open area with many desks, while a trading desk can be a single team within it.
- trading team
- This stresses the people rather than the place, whereas trading desk can mean both.
- brokerage
- This is a firm that handles clients' orders, not a department inside a firm.
Word family
Commonly confused: trading desk or trading floor?
trading desk vs trading floor
The trading floor is the large room or exchange hall where many desks sit. A trading desk is one team or station for a specific market.
Practice
A bank employee who buys and sells government bonds all day most likely works on a ___.
Choose one answer.
A trading desk is where financial products are bought and sold. A help desk or reception desk deals with questions and visitors.
Make it your own
Write a sentence using “trading desk”, then check it and compare it with the examples above.