Trader's Glossary

No Dealing Desk (NDD)

A No-Dealing-Desk broker passes its clients’ trades straight through to liquidity providers without intervening between the two parties.
Did you know?

U.S. President Richard Nixon is credited with enabling a free-floating currency system after ending the Bretton Woods Accord.

Word of the day
"Open Position" - A trade that has still not been settled.
Pro Tip

Try to stay away from bucket shops.

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