What is DD Commodities Trading Account in Commodities?

Types of Commodity Trading Accounts DD

DD Commodities Trading Accounts

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

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

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

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