Desk Trader

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Desk Trader

An employee at a brokerage who takes orders from clients and trades on their behalf. A desk trader does not trade on the brokerage's own account. See also: Dealer.
References in periodicals archive ?
between 2011 and 2017, Goldman Sachs replaced 600 desk traders in its workforce with 200 coding engineers.
is based on interviews with 100 hedge fund managers, prop desk traders and other asset managers to forecast their anticipations for distressed debt in the region over the coming year.
Also, the company will sell the day-trading activity generated from its site-to-floor or desk traders in that specific region, probably on a per-share basis.