B2Broker Releases B2Trader Update with Stop Order Feature On Board

FinanceFeeds Editorial Team

B2Broker, the global fintech developer and provider of liquidity and turnkey solutions for brokerage companies, announced the release of an important update to its B2Trader Matching Engine that is sure to please all of its clients.

From now on the system allows you to use stop orders, which will make trading even more flexible and convenient. Already having the ability to trade spot FX and crypto, the platform has become even more functional with the introduction of new features. Thanks to this, end users will be able to apply new tools to control their trading strategies and manage their investments more carefully. 

Ability to Place Stop Orders

The new update will allow brokers using the B2Trader matching engine to provide their clients with an opportunity to use both types of stop orders, market and limit ones. It is worth noting that the new feature is available in all packages offered by B2Broker, and is applicable to all financial instruments available for trading on the exchange. Also, it will surely give more control and flexibility as far as placing orders is concerned. 

When the market moves against the trader, the stop market order is used by traders as a way to limit their losses and to take profits. So, it is possible to enter a market using a stop limit order at a specific price or to exit the market when it reaches a certain level using a stop limit order. Neither type of order can be submitted as a pending order, which is triggered when the market rises or falls to the specified level.

The stop price and the limit price are used to place stop-limit orders. The price at which the order will be executed is known as the stop price, and the maximum or minimum price at which the trade can be conducted is known as the limit price. The order will change to a limit order if the market hits the stop price, and when the market price is within the limit price, it will be filled instantly.

Using either the buy or sell buttons, people can place stop orders on B2Trader from the order entry screen. Furthermore, the chart allows users to place stop orders directly.

Summary

The fresh release of B2Trader was another step towards creating a product that will not only be able to meet even the boldest expectations of clients but will also become a benchmark of the performance in the order matching process. This update has improved the engine, and brokers and traders can already appreciate all the convenience and power of the platform. With the new updates, users can expect even more new and useful features that will surely improve their trading.

Read this next

Digital Assets

As SPAC bubble bursts, Circle terminates its $9 billion merger with Concord

USDC stablecoin issuer, Circle has terminated its planned $9 billion SPAC merger with publicly traded blank-check company Concord Acquisition Corp.

Institutional FX

Integral reports lowest FX volume in two years

Foreign exchange trading volumes dropped in November across Integral’s trading platforms as currency markets saw a relatively quiet period after consecutive months of strong trading activity.

Technology

CDEX: Avelacom announces connectivity to Cboe Europe Derivatives

“We anticipate that many of our customers from Asia will be particularly interested in getting exposure to pan-European products via just one venue, which CEDX offers.”

Retail FX

BUX acquires Spanish Ninety Nine’s retail brokerage unit

“Thanks to this acquisition, Ninety Nine users will have access to a wide range of services provided by BUX, such as investing in Spanish, European and US stocks, ETFs, cryptocurrencies, fractional investing and the BUX Savings Plan.”

Digital Assets

SEBA and HashKey partner to expand crypto in Hong Kong and Switzerland

SEBA Bank AG has announced a new strategic partnership with HashKey Digital Asset Group as part of both firm’s expansion efforts in Hong Kong SAR. 

Executive Moves

Broadridge appoints Martin Koopman as Chief Product Officer

“Martin has a proven record of driving product innovation both at Broadridge and at previous companies. His vision and proven ability to execute will be invaluable as we become the foremost SaaS provider to the financial services industry.”

Digital Assets

DAM rolls out Moonwalkers v1 testnet ahead of support for yield-generating collateral

“We want to champion innovation by making it easier to securely direct stablecoin liquidity away from Ethereum towards newer networks without the constant vulnerabilities posed by bridges. d20 will help accelerate the adoption flywheel of emerging networks, and this is our first step towards making our omnichain promise a reality.”

Institutional FX

FIA EXPO: ICE’s Brian Norris talks ESG investment, carbon credits and market data

The FIA Futures & Options Expo, now in its 38th year, convened the listed derivatives dealers, thought industry leaders and other stakeholders for two days of networking.

Retail FX

Malaysia regulator exposes OctaFX clone, shady FB profiles

Malaysia’s financial regulator today warned online investors about the risks of following investment tips made on social-media platforms.

<