A dealing desk is an internal department at a broker that manually handles and may intervene in client order execution. Dealing desk brokers can re-quote prices, widen spreads at their discretion, or reject orders. This is the opposite of STP/NDD (No Dealing Desk) execution where orders flow straight to liquidity providers.
You try to sell GBP/USD during a news release. A dealing desk broker may reject or re-quote your order because the price moved during the delay. An NDD broker like GCC Brokers routes it directly to liquidity providers without intervention.
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