What's DD Indices Trading Account Described?
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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 & execute indices order in the online stock indices market - DD Indices Real Account.
The indices trader trading with a DD indices account will get a lot of requotes.
Dealing Desks will issue indices traders with a lot of order re quotes, meaning indices prices of stock indices orders are not real time and the 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 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 & therefore this execution model may mean that indices orders executed using a DD Indices Account are not executed as quickly as when compared to an ECN indices trading account or an STP stock indices trading account.