No Dealing Desk

What is a STP & No Dealing Desk Broker?

What Is Straight-Through Processing (STP)?

Straight-through processing (STP) is a fully automated electronic payment process which allows for the entire payment process, from initiation to final settlement, to be free of human intervention. Straight-through processing can help businesses pay and receive money significantly faster than the traditional process.

What is a No Dealing Desk (NDD) Broker?

A No Dealing Desk Broker offers a trading platform that provides unfiltered access to interbank market rates of exchange. In contrast to Dealing Desk or Market Making brokers, NDD brokers offer what is known as Straight-Through Processing (STP) execution of forex trades.

No Dealing Desk

How a No Dealing Desk (NDD) Broker Works

No Dealing Desk Investment brokers work directly with market liquidity providers. When trading through a no dealing desk, instead of dealing with one liquidity provider, an investor is dealing with numerous providers to get the most competitive bid and ask prices. An investor using this method has access to instantly executable rates.

The way an NDD broker makes money for services offered, an exchange fee or a commission is added on the spread, which is passed through to the customer.

Brokerage Services

Investment Services