What is Dealing Desk Oil Account Meaning?

DD Mini Oil Trading Account

DD Oil Trading Accounts

DD stands for dealing desk, these DD oil account oil brokers have a dealing desk where they can match trading orders and execute oil order in the online interbank crude oil market.

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 trading prices of orders are not real-time & the broker can requote a oil trader's order if the crude trading price of the oil market changes quick enough before the broker's dealing desk places the order online or before they match the trade order in online inter-bank crude oil market.

Dealing Desk accounts therefore means that order execution of oil orders is not instant & therefore this execution model may mean that orders executed using a DD Oil Trading Account are not executed as quickly as when compared to an ECN oil account or an STP crude oil account.