What is Dealing Desk Gold Trading Account Meaning?

DD Micro XAUUSD Trading Account

DD Gold Trading Accounts

DD stands for dealing desk, these DD gold trading account brokers have a dealing desk where they can match orders and execute gold order in the online xauusd market.

The gold trader trading with a DD gold trading account will get a lot of requotes.

Dealing Desks will issue gold traders with a lot of order requotes, meaning gold prices of orders are not real time and the xauusd trading broker can requote a gold trader's order if the xauusd price of the xauusd market changes quick enough before the broker's dealing desk places the order online or before they match the order in the online xauusd market.

Dealing Desk accounts therefore means that order execution of gold orders is not instant and therefore this execution model may mean that trading orders executed using a DD Gold Trading Account are not executed as quickly as when compared to an ECN gold trading account or an STP xauusd trading account.