What's DD Indices Trading Account in Indices Trading?
DD Micro Account Indices Trading
DD Indices Trading Accounts
DD stands for dealing-desk, these DD account indices brokers have a dealing desk execution model where they can match orders & execute indices order in the online stock indices market.
The indices trader trading with a DD account will get a lot of re-quotes.
Dealing Desks will issue indices traders with a lot of order re quotes, meaning indices prices of orders are not real-time and 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 broker's dealing desk places the trading 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 isn't instant & therefore this execution model might mean that orders executed using a DD Indices Trading Account are not executed as quickly as when compared to an ECN trading account or an STP trading account.