International forex technology company, Tools for Brokers, has just announced that t has added to its Trade Processor system aggregation and consolidation features.
Trade Processor 3.0 is a secure, multi-part modular system, integrated with MT4 and MT5. It combines a risk-free liquidity bridge and a market making order pool, which offers advanced bridging and all the features necessary to manage an entire brokerage business. Brokers are able to bridge trading to multiple industry providers, collect and analyse data from multiple servers via a simple web UI, and better manage risks.
Brokers will now be able to aggregate quote feeds and trading execution in the liquidity pool based on which has the best current price, and then dispense them at that price, proportional to spread in volume. The new system includes a set of rules which allow brokers to minimise volumes on different liquidity providers and mutually close their opposite positions, reducing the risks and saving on swaps.
Furthermore, the system allows brokers to execute huge volume orders, distributing them by parts between different liquidity providers to ensure the full requested volume is executed at the top of the book with the best available price on the market.
Commenting on the latest release, Albina Zhdanova, Chief Operating Officer at Tools For Brokers said:
Liquidity bridges have long played a critical role in reducing risks for brokerages using MT4 or MT5. With a range of advanced features designed to increase efficiency and effectiveness – from aggregation and consolidation, to improved analytics and reporting – Trade Processor 3.0 takes the system to a new level.
The flexibility, agility and control it offers mean brokers can operate in a way that best suits them, enabling them to deliver a valuable and innovative service to their clients, enjoying a robust and reliable connection to a wide range of liquidity providers.