● Most of them are fixed spreads.
● The customer trades in the opposite direction.
● The quotation is not real-time, and the execution time of the order is decided by the broker.
NDD( STP) trading platform
● Most of them are floating spreads.
● It is only a link between traders and liquidity providers.
● The price comes from the distributor.
● Orders are automatically executed without re-quoting.
NDD (STP+ECN) trading platform
● Floating price difference or commission
● Ties that connect traders with liquidity providers and other participants.
● Prices come from distributors and ECN participants.
● Orders are automatically executed without re-quoting.
● Display market depth DOM and liquidity information.
Just to see (original author: the lowest level of society)