The Front Office is responsible for clearing and settlement of transactions.

The Front Office is monitoring open orders to be able to react (modify, cancel, delete) new orders on the exchange.

The Front Office receives instructions to trade from Investors and sends these to Brokers/Dealers.

The Front Office receives instructions to trade from the Middle Office.

Brokers and Dealers execute trade instructions on the exchanges. 

The Front Office does not include specialized Broker and Dealer services.

The Front Office only monitors trade executions, It cannot trade by itself.

The Front Office can simulate different trading situations to find the best possible execution price