Moneta Markets operates using a No Dealing Desk (NDD) execution model and provides access to liquidity through an ECN/STP environment.
Under this execution model, client orders are electronically routed to liquidity providers without dealing desk intervention. Orders are executed based on the best available market prices at the time the order reaches the market.
What Does No Dealing Desk (NDD) Mean?
A No Dealing Desk (NDD) execution model means that Moneta Markets does not manually intervene in the execution of client orders.
Instead, orders are processed electronically and routed through liquidity providers within the pricing network.
What Are the Benefits of ECN/STP Execution?
Moneta Markets' execution environment is designed to provide:
- Fast order execution.
- Direct access to available market pricing.
- No requotes under normal market conditions.
- Competitive spreads that reflect prevailing market conditions.
Automated order processing without dealing desk intervention.
Will My Order Always Be Executed at the Requested Price?
Market prices can change rapidly, especially during periods of high volatility, major news releases, market opens, or low-liquidity conditions.
As a result, orders may experience:
- Positive slippage, where an order is executed at a better price than requested.
- Negative slippage, where an order is executed at a less favourable price than requested.
Slippage is a normal characteristic of market execution and can occur in any fast-moving market environment.
Which Trading Platforms Support This Execution Model?
Moneta Markets provides access to its trading environment through:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- Moneta Markets AppTrader
- PRO Trader 2.0
These platforms are available across desktop, web, and mobile devices, allowing clients to access their trading accounts and manage positions from multiple devices.
Important Note
- Moneta Markets operates using a No Dealing Desk (NDD) execution model.
- Orders are processed through an ECN/STP execution environment.
- Market execution may result in either positive or negative slippage.
- Prices and spreads are based on prevailing market conditions and available liquidity.
Execution speed and pricing may be affected during periods of high volatility, low liquidity, market opens, market closes, and major news events.
Need More Help?
If you have questions about order execution, slippage, spreads, or the trading environment provided by Moneta Markets, please contact our Customer Support team at support@monetamarkets.com.
