Brokeree Solutions integrates with CMC Markets Connect

Rick Steves

Extended functionality of the Liquidity Bridge, like symbol mapping and advanced order routing, allows brokers to customize rules for specific security, accurately configure markups for new symbols, and provide their clients with DMA.

Brokeree Solutions has announced it partnered with CMC Markets Connect to address the demand for a wide portfolio of trading instruments and high-tech solutions that can aggregate quotes from several sources.

Brokeree’s multi-server Liquidity Bridge solution has integrated with the CMC Markets brand that offers liquidity for institutional trading. The integration will allow broker clients to expand their trading instruments offering by accessing more than 10,000 trading symbols, including currency pairs, metals, indices, energy, commodities, equities, and cryptocurrencies.

Liquidity Bridge also features symbol mapping and advanced order routing which brokers can customize for specific security, accurately configuring markups for new symbols, and provide their clients with direct market access (DMA).

Brokeree’s liquidity bridge combines advanced A/B book trade execution, smart liquidity aggregation, and risk management. The software includes a concise web user interface that allows forex brokers to connect to mulitple liquidity providers, configure settings, and download reports. Brokers and dealing desks can edit user parameters distantly from any device.

With a flexible routing system, the bridge allows brokers to choose between hedging client trades at a liquidity provider or b-booking trades at the current price of the LP according to predetermined attributes (e.g. by day, time, client position, account number, account group, and symbol).

The risk management module allows forex brokers to A/B book single trades, and aggregate liquidity providers. Its aggregation engine allows the addition of multiple feed and trade symbols to one MT4 symbol for precise liquidity aggregation. Brokeree’s Liquidity Bridge is offered with a fixed price and no additional volume fees.

Read this next

Institutional FX

BGC Group valued at $667 million following investment by major banks

BGC Group announced that its exchange platform, FMX Futures, is now valued at $667 million after receiving investments from a notable consortium of financial institutions.

blockdag

Transforming a Bankrupt Investor into a Cryptocurrency Giant; Can BlockDAG Replicate Ethereum’s Meteoric Rise With 30,000x Predictions?

The realm of cryptocurrency investing presents a thrilling blend of challenges and opportunities. The legendary gains by early Ethereum investors serve as a powerful lure for those seeking the next major breakthrough.

Digital Assets

SEC delays decision on spot bitcoin options ETFs

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on whether to authorize options trading on spot bitcoin ETFs, extending the review period by an additional 45 days. The new deadline for the SEC’s decision is now set for May 29, 2024.

Market News, Tech and Fundamental, Technical Analysis

Solana Technical Analysis Report 25 April, 2024

Solana cryptocurrency can be expected to fall further toward the next support level 130.00, target price for the completion of the active impulse wave (i).

Digital Assets

Morgan Stanley to sell bitcoin ETFs to clients

Morgan Stanley may soon allow its 15,000 brokers to recommend bitcoin ETFs to their clients, as reported by AdvisorHub.

Digital Assets

Masa Announces Comprehensive AI Developer Ecosystem with 13 Dynamic Partners Focused on Leveraging Decentralized Data and Large Language Models

In a groundbreaking development, Masa, the global leader in decentralized AI and Large Language Models (LLMs), proudly announces the launch of its AI Developer Ecosystem, partnering with 13 visionary projects.

Financewire

Kinesis Mint becomes the official partner for the House of Mandela

Kinesis Mint, the certified independent precious metals mint and refinery of Kinesis, the monetary system backed by 1:1 allocated gold and silver, has been appointed the exclusive coin producer for the House of Mandela.

Chainwire

Kadena Announces Annelise Osborne as Chief Business Officer

Kadena, the only scalable Layer-1 Proof-of-Work blockchain, expands its leadership team by onboarding Annelise Osborne as Kadena’s new Chief Business Officer (CBO).

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

<