What is DD Stocks Account Meaning?

Stocks Account Types DD

DD Stocks Accounts

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

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

Dealing Desks will issue stocks traders with a lot of order requotes, meaning stocks prices of orders are not realtime & the broker can requote a stocks trader's order if the stocks price of the stocks 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 stocks market.

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