One of the most important aspects in the control of a dealing operation is the division of duties between dealing and back‐office processing. Dealers should effect the deals in the interbank market or with clients; maintain sufficient informal records as required to monitor their positions; complete a source document (deal ticket); and from that moment on, have no further part in or control over the processing, confirmation, or settlement procedures involved. Generally, the majority of institutions actively involved in the foreign exchange markets will have spot dealers, forward dealers, money‐market dealers, treasury product dealers, corporate dealers, research personnel, and position clerks. The back office starts at the dealing room door and is a vital part of any dealing room function. The back office is concerned with settlement of trades, confirmations, maturity files, and reconciliations.


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Foreign Exchange Dealing Rooms


    Contributors:

    Published in:

    Publication date :

    2012-01-02


    Size :

    6 pages




    Type of media :

    Article/Chapter (Book)


    Type of material :

    Electronic Resource


    Language :

    English




    Dealing with European Foreign Fighters in Syria: Governance Challenges and Legal Implications

    Edwin Bakker / Christophe Paulussen / Eva Entenmann | DOAJ | 2013

    Free access

    Shipyard draughting rooms

    Lucas, Theodore | Engineering Index Backfile | 1902


    High bay clean rooms.

    Little, J. C. / Stanfill, D. W. | NTRS | 1969



    Blast rooms for hire

    Emerald Group Publishing | 2003