NexusFi: Find Your Edge

Home Menu


No Dealing Desk

NDD (No Dealing Desk) execution utilizes what is referred to as agency execution or an agency model. Whenever a trader places a trade, the order is sent to the broker and the broker immediately offsets the trade 1-for-1 with one of several liquidity providers.

As a result, the broker does not profit if the trader loses and does not lose if the trader profits. Instead, the broker is compensated by a pip mark-up added to the spread or by charging a separate commission. NDD is sometimes also referred to as STP (Straight Through Processing) or DMA (Direct Market Access).
STP (Straight-through processing) and DMA (Direct Market Access) redirect here.
There are not currently any references cited in the article.


© 2023 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top