Trader's Glossary

Dealing Desk (DD)

Dealing Desks are operated by brokers known as Market Makers. The clients of a Dealing Desk broker do not have access to liquidity providers, as the broker intervenes between the two parties, often taking the opposite side of their clients’ trades.
Did you know?

The market share of the top 10 FX players globally reaches 80%.

Word of the day
"Shadow" - Shadows are the thin lines above and below the real body of candlesticks which display the high/low price range. Shadows are also called Wicks.
Pro Tip

pip value in quote currency = pip in decimal places X trade size

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