What is the meaning of The Desk?

The Desk is the trading desk at the Federal Reserve Bank of New York through which open market purchases and sales of government and federal agency securities are made. The desk maintains direct telephone communication with major government securities dealers. A' foreign desk' at the Federal Reserve Bank of New York conducts transactions in the foreign exchange market.

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APABarry Goldsmith. (2010). the desk. Retrieved September 23, 2026, from http://smartdefine.org/the_desk/definitions/1165120
ChicagoBarry Goldsmith. 2010. "the desk" http://smartdefine.org/the_desk/definitions/1165120 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, the desk, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/the_desk/definitions/1165120>.
MLABarry Goldsmith. "the desk" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/the_desk/definitions/1165120>