Reconciling Trades with CurrentDesk – Forex Magnates

LOGO For brokers operating a true ‘No Dealing Desk’ model, handling client risk isn’t much of an issue. What is a critical issue is Trade Reconciliation. In an article about Risk Management practices that was published in the Forex Magnates Q1 Industry Report, we discussed problems that brokers and dealers from the smallest shops to the largest global financial concerns face. While firms mentioned the importance of monitoring arbitrage, network latency, and market volatility, trade reconciliation was a universal item that companies needed to address. Trade reconciliation refers to the… read more →