The Floor / The Desks

Four Desks,
One Book.

Securities brokerage and dealing; commodity and futures; foreign exchange and virtual currency; and underwriting and market making — every order ticketed, settled, and reported.

Desk 1 · Securities

The Securities Desk.

The equity end of the floor — brokerage and dealing on stock, bond, and options lines.

SC-01

Stock & Options

Stock brokerages and dealers' offices, stock options brokerages and dealing, and online securities brokerages.

SC-02

Bonds & Paper

Bond brokerages and dealing, commercial paper and commercial note brokers' offices, certificate of deposit brokers' offices.

SC-03

Agency & Discount

Mutual fund agencies and agents' offices, discount securities brokerages, and securities distribution.

Desk 2 · Commodity & Futures

The Commodity Desk.

CM-01

Futures Brokerage

Commodity futures brokerages, futures commodity contracts brokers' offices, and financial futures brokerages.

CM-02

Options & Pool

Commodity contracts options brokerages and dealing, and commodity contract pool operations.

CM-03

Floor Trading

Commodity contracts floor brokers and floor traders — dealing as principal on the contract floor.

Desk 3 · FX & Virtual Currency

The Currency Desk.

FX-01

Foreign Exchange

Foreign currency exchange brokering and dealing — services and dealing as principal.

FX-02

Virtual Currency

Virtual currency (cryptocurrency) brokering, dealing, and exchange services.

Desk 4 · Underwriting & Market Making

The Market Desk.

UW-01

Underwriting

Securities underwriting and flotation — originating securities to investors as principal.

UW-02

Market Making

Making markets for securities — bid and ask held on the desk for investor flow.

UW-03

Floor Trading

Securities floor brokers and floor traders — trading securities as principal on the floor.

Inquiry

Settle The Ticket.

Name the desk — securities, commodity, currency, or underwriting — and the floor answers within one business day.

Open Ticket