What is Dealing Desk Account Explained?

DD Account Opening

DD Accounts

DD means for dealing-desk, these DD brokers have a dealing-desk where they can match orders and execute order in the online interbank market - DD XAUUSD Live Account.

The trader trading with DD account will get many re-quotes.

Dealing Desks will issue traders with a lot of order re-quotes, meaning prices of orders aren't real time and the online broker can re-quote a trader's order if the price of the market changes quick enough before the broker's dealing desk places the order online or before they match the order in the online interbank market.

Dealing Desk accounts hence mean that order execution of orders is not instant and hence this execution model might mean that orders executed using a DD Account are not executed as quickly as when compared to an ECN account or an STP account.