What is DD Indices Trading Account Explained?
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DD Indices Trading Accounts
DD stands for dealing desk, these DD account indices brokers have a dealing desk where they can match stock indices orders and execute indices order in the online stock indices market - DD Indices Trading Live Account.
The indices trader trading with a DD indices trading account will get a lot of requotes.
Dealing Desks will issue indices traders with a lot of order requotes, meaning indices prices of stock indices orders are not real time and the stock indices trading broker can requote a indices trader's order if the stock indices price of the stock indices trading market changes quick enough before the indices broker's dealing desk places the order online or before they match the order in the online stock indices market.
Dealing Desk accounts therefore means that order execution of stock indices orders is not instant and therefore this execution model may mean that indices orders executed using a DD Indices Trading Account are not executed as quickly as when compared to an ECN indices trading account or an STP stock indices trading account.