Terms of Use

By accessing and using the NDD Glossary ("the Site"), you agree to be bound by these Terms of Use. If you do not agree to these terms, you should not use the Site.

We reserve the right to update these terms at any time. Continued use of the Site after changes constitutes acceptance of the updated terms.

The NDD Glossary is an educational resource designed to explain concepts related to No Dealing Desk execution, order routing, and trading infrastructure. All content is provided for informational and educational purposes only.

Nothing on this Site constitutes investment advice, financial advice, trading advice, or any other form of professional advice. You should not make any financial decisions based solely on the information provided in the knowledge base.

The Site does not recommend, endorse, or promote any specific broker, liquidity provider, technology vendor, or financial product. Where specific products or companies are mentioned, it is for educational illustration only.

Any mention of specific execution metrics, fill rates, or performance data is for conceptual understanding and should not be interpreted as a guarantee or prediction of future performance.

We strive for accuracy in all content and maintain a rigorous editorial process (see our Methodology and Editorial Policy). However, we do not guarantee that all information is complete, current, or error-free at all times.

Financial markets, regulations, and technology standards evolve continuously. Content may become outdated between review cycles. Users should verify critical information from primary sources before making decisions.

All content on the NDD Glossary, including text, diagrams, data structures, and design elements, is protected by copyright. You may reference and link to content for non-commercial educational purposes with attribution.

You may not reproduce, redistribute, or commercially exploit substantial portions of the knowledge base content without prior written permission.

You agree not to: use the Site for any unlawful purpose, attempt to gain unauthorized access to any part of the Site, use automated tools to scrape or bulk-download content, or misrepresent the Site's content as your own.

To the fullest extent permitted by law, the NDD Glossary and its operators shall not be liable for any direct, indirect, incidental, consequential, or special damages arising from or related to your use of the Site or reliance on its content.

This includes, without limitation, any financial losses resulting from trading decisions influenced by information on the Site.

The Site may contain links to external websites (regulatory bodies, academic journals, exchanges). We are not responsible for the content, accuracy, or privacy practices of these external sites. Links are provided for reference convenience only.

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