Background Note | HBS Case Collection | April 2010

Securities Trading: Front-, Middle- and Back Office

by Francois Brochet and Rakeen Mabud

Abstract

This note explains the basic structure of the trading floor in a typical financial institution and how the front, middle and back offices interact to ensure a functioning trading system.

Keywords: Capital Markets; Financial Institutions; Financial Services Industry;

Citation:

Brochet, Francois, and Rakeen Mabud. "Securities Trading: Front-, Middle- and Back Office." Harvard Business School Background Note 110-070, April 2010.