What is Dealing Desk Account in CFD?

DD Standard Account CFD

DD CFDs Accounts

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

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

Dealing Desks will issue cfd traders with a lot of order requotes, meaning cfd prices of orders aren't realtime and the broker can requote a cfd trader's order if the cfd price of the cfd market changes quickly enough before the broker's dealing-desk places the order online or before they match the order in online inter-bank cfd trading market.

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