What's Dealing Desk Oil Account Described?

DD Oil Trading Account Opening

DD Oil Trading Accounts

DD stands for dealing desk, these DD oil account oil brokers have a dealing desk where they can match oil orders and execute oil order in the online interbank oil market - DD Oil Trading Live Account.

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

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

Dealing Desk accounts therefore means that order execution of oil orders isn't instant and therefore this execution model might mean that oil orders executed using a DD Oil Account are not executed as quickly as when compared to an ECN oil account or an STP crude oil account.