What is Dealing Desk Account in Gold Trading?

DD Cent XAUUSD Trading Account

DD Gold Trading Accounts

DD stands for dealing desk, these DD account gold 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 account will get a lot of requotes.

Dealing Desks will issue gold traders with a lot of order requotes, meaning xauusd trading prices of orders are not realtime & the broker can requote a gold trader's order if the xauusd trading price of the xauusd market changes quick enough before broker's dealing-desk places the order online or before they match the trade order in 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 trading account or an STP account.