What's Dealing Desk CFD Account Meaning?

DD Mini CFD Account

DD CFD Accounts

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

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

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

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