Editorial Policy

The NDD Glossary operates with full editorial independence. No broker, liquidity provider, technology vendor, or advertiser has approval rights over content. Entries are written, reviewed, and published based solely on factual accuracy and educational value.

Where the knowledge base describes proprietary products (such as TwinCross FX, FusionGate, Chicago Leap, or Trading Pulse), these entries are clearly labeled with a product disclosure tag. Product entries follow the same factual structure as all other terms: How It Works, Why It Matters, Risks, and Checklist.

Any entry that describes a proprietary product, branded technology, or specific company is marked with a visible disclosure notice. The disclosure states the relationship between the product and the knowledge base publisher.

We do not accept paid placements, sponsored entries, or affiliate-linked content. If a commercial relationship exists with any entity mentioned in the knowledge base, it is disclosed at the entry level.

If an error is identified in any entry, we commit to correcting it within 48 hours of verification. Corrections are noted in the changelog with the date, affected entry, and nature of the correction.

Substantive corrections (those that change the meaning or factual content of an entry) are distinguished from minor corrections (typos, formatting, link updates). Both are logged, but substantive corrections receive a changelog entry with explanation.

Every factual claim in the knowledge base must be traceable to a primary or authoritative secondary source. Acceptable sources include: regulatory publications (FCA, ASIC, CySEC, SEC), protocol specifications (FIX Trading Community), academic journals (Journal of Finance, Journal of Financial Markets), and official documentation from exchanges and clearinghouses.

Industry reports, analyst notes, and broker marketing materials may be referenced for context but are never used as the sole source for a factual claim. When industry convention is described without a specific source, it is labeled as such.

The knowledge base aims for descriptive neutrality: we describe what each model, metric, or process is and how it works, without declaring one approach as universally better than another.

When the evidence clearly shows that a practice is harmful to traders (e.g., undisclosed B-booking, asymmetric slippage), we state this factually with supporting evidence. Neutrality does not mean false equivalence between transparent and opaque practices.

All entries are subject to a quarterly review cycle. During each review, the following is assessed: factual accuracy against current sources, completeness of risks and checklist items, quality of related-term links, and alignment with current regulatory and market structure reality.

Entries that reference specific regulations, protocol versions, or market practices are prioritized for review when relevant changes are announced. The changelog records all substantive updates resulting from the review cycle.