What is NDD Commodity Account Meaning?

Commodity Trading Account Types NDD

NDD Commodity Trading Accounts

NDD stand for Non-Dealing Desk commodity execution of orders, these NDD Commodity Trading Account commodity brokers do not implement a dealing-desk this makes this type of order execution to have less trading restrictions as opposed to the Dealing Desk Execution.

NDD Execution means that trades from commodity traders account will be executed directly to interbank exchange commodities market. The orders will be matched with other orders in inter-bank commodity market using the broker Non Dealing Desk order execution model.