Stock Broker No Dealing Desk (NDD)

It is this trading option that can most often be found in advertising of dealing centers, or rather in descriptions of their trading advantages.

No Dealing Desk is a trading system in financial markets without the intervention of a brokerage company, that is, all transactions are processed automatically, without the intervention of an intermediary.

If the Dealing Desk creates its own trading platform inside the dealing center and in most cases the company itself acts as a second party to the transaction, then with NDD all transactions are transferred to the foreign exchange market.

This approach eliminates the company's interest in the trader's bankruptcy, since other trading instruments are no longer provided by them, but by their partners (market makers) – large banks or other financial institutions.

No Dealing Desk Trading Scheme

1. The trader opens a new order in their trading terminal.
2. The trader's terminal transmits the created order directly to the currency exchange (or to the broker's partner banks). This essentially happens simultaneously with the order being opened.
3. At the same time, the broker automatically records the trade volume and calculates the spread.

Some traders doubt the integrity of brokerage companies that claim they are not involved in the trading process.

But such do exist, mainly scalping brokers , since it is in this situation that a certain paradox is observed, which is visible if the spread rebate .

I have often encountered that when trading by scalping, the amount of the returned spread begins to exceed the amount of funds on the deposit. This only speaks in favor of such a broker, because no one will work at a loss.

In addition, additional advantages of trading using No Dealing Desk are:

• Anonymity of forex transactions.
• High liquidity of the instruments used in trading, which significantly reduces the size of the commission.
• The ability to trade without restrictions, including scalping .
• Reduction of technical risks.

With all this, it should be noted that sometimes the order execution scheme directly depends on the type of open account. It is clear that cent and mini accounts may not fall into this category.

One of the guarantees that a broker transfers clients' trades to the exchange is the availability of ECN accounts, which completely eliminate the broker's intervention in the trading process.

No Dealing Desk Brokers with ECN Accounts - https://time-forex.com/vsebrokery/ecn-brokery