seems to me that in the last year non-dealing-desk popularity its being growing over market makers... thoughts about this?
Thanks
seems to me that in the last year non-dealing-desk popularity its being growing over market makers... thoughts about this?
Thanks
Hi
Hey, I will have to agree with you, NND brokers popularity has been growing, probably because after all, they are real brokers. As a definition a broker connects buyers and sellers, thats exactly what NND brokers do.
Cheers,
RL
Advantage of Non dealing desk are:
No Inherent Conflict of Interest
Market Access.
Anonymity.
Pricing Intervention.
Reorders.
Full Disclosure.
Transparency.
I have a live account with broker acm (they are non dealing desk broker)and everything is exactly like it was in the demo. Instant execution and guaranteed fills just like they have stated.
The one time I had an order heavily slipped near a news release they canceled the slipped order and replaced it with a new order at the price I attempted to execute the order at. I thought that was pretty good customer service.
The discussion in this thread is going on well.... It is really informative.. thank u guys..