What is the Difference Between Non Dealing Desk and DD CFDs Account in CFD?

NDD CFD Account vs DD CFD Account

NDD CFDs Accounts

NDD stand for Non-Dealing Desk cfd execution of orders, these NDD CFDs Account cfds brokers do not implement a dealing desk - this makes this type of execution model to have less trading restrictions as opposed to Dealing Desk Execution Model.

NDD Execution means that trades from cfd traders account will be executed direct to the inter-bank exchange cfds market. The orders will be matched with other orders in the inter-bank cfd market using the broker Non Dealing Desk order execution model.

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 market.

The cfd trader trading with a DD account will get a lot of re-quotes.

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 CFDs Account are not executed as quickly as when compared to an ECN account or an STP trading account.