Methodology
How the NDD Glossary researches, writes, reviews, and maintains its content. Our editorial process is designed for accuracy, objectivity, and long-term reliability.
Guiding Principles
Primary Source Research
Every definition and explanation starts from primary sources: regulatory filings (FCA, ASIC, CySEC), protocol specifications (FIX), academic papers on market microstructure, and official broker documentation. We do not synthesize from other glossaries or SEO articles.
Model Neutrality
We describe execution models (A-book, B-book, hybrid) factually without declaring one inherently superior. When advantages and disadvantages exist, both are documented. Our role is to inform, not to advocate.
Verifiable Claims
Every factual claim links to or cites a verifiable source. If a statement cannot be independently verified, it is labeled as industry convention, common practice, or opinion. We never present unverifiable marketing claims as fact.
Multi-Perspective Review
Content is reviewed from the perspective of retail traders, institutional participants, and broker operators. Technical accuracy is validated against FIX protocol documentation and exchange specifications.
Continuous Maintenance
The knowledge base is a living resource. Terms are reviewed at minimum quarterly, or immediately when regulatory changes, protocol updates, or market structure shifts make content outdated. All updates are logged in the changelog.
Editorial Process
Research & Draft
A term is identified from regulatory documents, trading protocol specifications, or user search intent analysis. A draft is produced from primary sources, structured into our four-tab format: How It Works, Why It Matters, Risks, and Checklist.
Cross-Reference
Every statement is cross-referenced against at least two independent sources. Technical details (e.g., FIX message types, latency benchmarks) are verified against protocol documentation. Related terms are linked to ensure navigational coherence.
Review & Balance
The draft is reviewed for neutrality, accuracy, and completeness. Are both sides of a trade-off documented? Are risks to the trader clearly stated? Is the language accessible to the stated difficulty level (Beginner, Intermediate, Pro)?
Publish & Monitor
The entry is published with its creation date and linked to the sitemap. Usage analytics, search patterns, and user feedback are monitored. Entries that generate confusion or questions are prioritized for revision.
Content Standards
We Always
- Cite primary sources for factual claims
- Describe risks and limitations alongside benefits
- Use plain language appropriate to the difficulty level
- Link related terms for cross-reference navigation
- Update content when regulations or standards change
- Label proprietary product descriptions with disclosure
We Never
- Recommend specific brokers or products
- Guarantee execution quality outcomes
- Present marketing claims as verified facts
- Omit risks to make a model appear superior
- Copy definitions from other glossaries
- Use affiliate links or sponsored content