What is Dealing Desk Account Explanation?

DD Micro Account

DD Accounts

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

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

Dealing Desks will issue gold traders with a lot of order re-quotes, meaning prices of orders aren't real-time & the broker can re-quote a gold trader's order if the price of the market changes quickly enough before broker's dealing-desk places the order online or before they match the order in the online market.

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