What's Dealing Desk Account in CFD?

DD Mini Account CFD

DD CFD Accounts

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

The cfd trader trading with a DD account will get a lot of re-quotes.

Dealing Desks will issue cfd traders with a lot of order re quotes, meaning cfd prices of orders are not real-time & the broker can requote a cfd trader's order if the cfds price of the cfd market changes quickly enough before broker's dealing desk places the trading order online or before they match the order in the online interbank cfds trading market.

Dealing Desk accounts therefore means that order execution of cfd orders is not instant and therefore this execution model might mean that orders executed using a DD CFD Account aren't executed as quickly as when compared to an ECN trading account or an STP account.