Liquidity Bridge from Tools for Brokers serves large brokers

Karthik Subramanian

Tools for Brokers, one of the largest companies in the FX industry that focuses on building tools for FX brokers, has built a trade processor liquidity bridge that can scale according to the size of the broker and their trade volumes.

The company has been well known in the FX broker circles for pushing through a variety of tools like PAMM/MAMM, CRMs, report generation tools, and other such tools that make the job of a broker easier.

Scalable Liquidity Bridge

Though it had a liquidity bridge offering for a long, it has managed to recently upgrade the bridge to make it even more reliable, scalable, and more convenient for the FX brokers to use it and integrate it into their MT4 and MT5 servers. The liquidity bridge is a key part of any brokerage as it forms the ‘bridge’ between the trading platform (MT4 or MT5 in this case) and the liquidity providers on the other end. This helps to push the trades from the trading platform to the liquidity providers for their clearing and it needs to ensure that all the trades, big and small, are correctly pushed, cleared, and then reported back to the trading platform. Even if a single trade fails or is not properly reported back to the platform, then it could mean large losses for the broker and that is why reliability is a key factor of the bridge.

Flexible Aggregation Methods

The bridge built by T4B is reported to have the flexibility for the brokes to adjust their settings and integrate it with any liquidity provider who has a FIX connection which is the standard in the industry. There are 6 aggregation methods and the large orders are also processed very quickly as they are broken down into smaller orders by the bridge through Continuous Execution technology. The bridge also aggregates the orders at the end of the day which removes a lot of manual work that the broker has to perform daily.

The platform also has a monitoring page that gives a glimpse of the existing state of the system at a glance and the broker would then be able to ensure whether the bridge is operating as per expectations or whether any action is needed from the broker in case of any emergency.

Read this next

Metaverse Gaming NFT

Dubai Museum taps Binance to jump onto NFT bandwagon

Dubai’s Museum of the Future, the $136 million UAE government-sponsored museum that opened a few weeks ago, is joining forces with Binance NFT to roll out a range of digital products on blockchain.

Digital Assets

Ripple and Lithuanian FINCI partner for XRP-based payments

Ripple is looking to expand its presence in Europe, forming a new partnership with Lithuanian electronic money institution FINCI.

Digital Assets

Crypto.com enables Shopify merchants to accept crypto payments

Crypto.com has integrated with Canadian e-commerce giant Shopify so global merchants can accept crypto payments and save on processing fees through cash-final settlements.

Institutional FX

FX volume drops 13pct at CLS Group in April 2022

FX settlement specialist CLS Group today reported that the executed volumes of currency trading on its platforms were notably down in April.

Crypto Insider, Opinion

Regulation: The Gold-Standard for Crypto-Assets

When the US supervisory authority SEC allowed an investment product referencing Bitcoin futures to be traded for the first time last October, this was widely perceived as a signal that cryptocurrencies had finally become established as an asset class.

Executive Moves

Solid hires FX industry veteran Darren Barker for multi-bank ECN’s business development

His curriculum vitae includes former roles at Cantor Fitzgerald, Sucden Financial, R.J. O’Brien, Jefferies, Natixis, Unicredit, J.P. Morgan, Raiffeisen, RBS International, UBS, Deutsche Bank, and Citi. 

Inside View

Mihails Safro, xpate CEO: Tips sellers need to know to overcome compliance obstacles

The unprecedented growth of e-commerce changed shopping dramatically last year. Many sellers suddenly faced a rapidly growing number of customers who had to stay home during the lockdown. When some clients adopted Netflix and Spotify as part of a daily routine, others ventured into online business. Robinhood alone saw a whopping 6 million rise in user numbers in 2 months. 

Institutional FX

BMLL delivers Level 3 data to Kepler Cheuvreux for order book analytics and algo performance

The solution covers more than 6.5 years of harmonised historical data from 65 venues and combines it with easy to use APIs and analytics libraries in a secure cloud environment. 

Digital Assets

Crypto Is An Invaluable Tool In The Fight Against Financial Oppression  

Crypto has proven itself to be much more than just a hot investment. Indeed, some say it’s poised to play a critical role in the future of finance

<