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