Sentences with phrase «non dealing desk»

For forex brokers operating with a NDD (Non Dealing Desk) business model, only then will traders be required to pay a small commission for each lot traded.

This is where we often hear of terms such as «Straight through Processing» (STP), Non Dealing Desk (NDD) and Electronic Communication Network (ECN).

At HiwayFX, they have only 2 main types of trading account; Standard Non Dealing Desk (NDD) account and ECN NDD account.

Some brokers operate with a Non Dealing Desk (NDD) business model.

With the first type (ECN) when you press «Buy» on your trading platform, your trade orders will be processed on the broker's computer trading system automatically and transmitted through the Electronic Communications Network (ECN) without a dealing desk (This is where the term «Non Dealing Desk» (NDD) comes from).