What's Dealing Desk CFD Account Meaning?

DD Standard CFD Account

DD CFD Accounts

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

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

Dealing Desks will issue cfd traders with a lot of order re quotes, meaning cfd prices of orders aren't real-time & cfd broker can requote a cfd trader's order if the cfd price of the cfd market changes quick enough before broker's dealing-desk places the order online or before they match the trade order in online inter-bank cfd 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 CFD Account are not executed as quickly as when compared to an ECN cfd account or an STP cfd account.