What is Dealing Desk Gold Account Explanation?
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 & 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 xauusd prices of orders aren't realtime and the broker can requote a gold trader's order if the xauusd price of the xauusd market changes quickly enough before 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 & therefore this execution model might mean that 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.