What is Dealing Desk Account Explanation?
DD Micro Trading Account
DD Accounts
DD means for dealing-desk, these DD account brokers have a dealing-desk where they can match orders and execute gold order in the online market.
The gold trader trading with a DD trading account will get a lot of requotes.
Dealing Desks will issue gold traders with a lot of order requotes, meaning prices of orders aren't realtime & the broker can re-quote a gold trader's order if the price of the market changes quickly enough before broker's dealing-desk places the order online or before they match the order in the online market.
Dealing Desk accounts hence mean that order execution of gold orders is not instant and hence this execution model might mean that orders executed using a DD Account aren't executed as quickly as when compared and analyzed to an ECN account or an STP account.
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