The Feeder component is responsible for receiving quotes from different sources, processing them,
and forwarding them to other system components. This component also runs quotes through a system of configurable filters, forming a balanced depth of market. The Feeder ensures that quotes are processed accurately and in real-time, ensuring that the TickTrader Liquidity
Aggregator provides reliable and up-to-date market data. The Bridge is a powerful tool that enables seamless execution of transactions across multiple trading platforms, such as MT4, MT5, and TickTrader.
An extensive range of tutorials and materials is available to assist with all technical aspects. For large brokers, it is recommended to deploy anti-DDOS high-defense servers to effectively target targeted DDOS attacks. Seamless access to our venues, ECNs, and third-party venues such as CBOE FX, EuronextFX and B3.
- Any action you take upon the information on this website is strictly at your own risk and we will not be liable for any losses and damages in connection with the use of our website content.
- At the very beginning, the concept of the product was to develop a “bridge” that connects the MT4 platform with external liquidity providers.
- FX aggregator refers to software or a platform that consolidates foreign exchange rates from multiple liquidity providers, allowing forex brokers to compare and execute trades at the best available prices.
- For large brokers, it is recommended to deploy anti-DDOS high-defense servers to effectively target targeted DDOS attacks.
- “Creating a comprehensive picture of the market is getting ever more complicated because of the various stream sizes, order types and venue nature.
Straight Through Processing (STP) is supported for FX Matching, FXall or third-party venues. The service can also be used for hedging in a pre-defined, low-latency environment, giving traders control and transparency. The new Refinitiv FX Aggregator is fully hosted and represents one of the most uncomplicated and cost-efficient ways for firms to enable high quality FX trading. Customise your homepage and tailor your Workspace experience to fit your workflow needs and preferences.
For any questions regarding our solutions and services, our customer service representatives are here to help. Use the liquidity heatmap to see how liquid the market is for a given 30-minute window compared to all previous 30-minute time slices in the lookback period. Designed with the future of foreign exchange trading in mind, whilst in a rapidly changing and competitive market, Workspace delivers the content and functionality you need. Benefit from faster, high-performing, smarter technology, and a streamlined user interface – all customisable to your preferred workflow experience. Experience a powerful next-generation customisable workflow tool that equips you with the information and analytics you need to succeed in foreign exchange.
For the company, it’s all about helping clients segment their flow and build a liquidity aggregation solution that provides a better outcome to all the different groups they service. “We are a company that provides both liquidity aggregation and analytics, and it’s important to understand that there’s a natural feedback loop between the two,” says Weisberg. “Helping our clients to analyse the different types of flow they have is great, but that’s not enough.
These banks have neither the time nor the resources to invest in a trading infrastructure. Refinitiv FX Aggregator delivers a service which would be prohibitively expensive for many banks to build and maintain themselves. Since the service is fully-hosted, regional and local banks have the ability to compete at the same level as larger competitors, allowing both business and market growth. In today’s highly fragmented FX market, how can Refinitiv FX Aggregator help sell-side traders to access FX liquidity, streamline workflows and save costs?
Many of them have slightly different workflows or different APIs for trading and market data, meaning that trading on a single FX venue may require connecting with two or three different API specifications. Refinitiv FX Aggregator provides all clients with access to broad and high-quality liquidity across spot FX, but also offers a low cost of ownership. Monevium is a London-based money-management platform for growing businesses, including both freelancers and enterprise level entities.
TickTrader Liquidity Aggregator is designed
to help you connect
and collect the best liquidity from an
unlimited number of providers as an FX or digital asset liquidity aggregator. A broker connects all the liquidity provider accounts https://www.xcritical.in/ to the aggregator through an API with each account carrying a special portal in the aggregator. This arrangement allows a broker reduce the spreads and enhance its liquidity due to high volumes offered by various liquidity providers.
Consequently, liquidity aggregation tools emerged to help banks track liquidity and enable their own clients to access liquidity. The tools are no longer based solely on price and take on a far more considered view of liquidity and best execution based on broader criteria and more data. FXall is the flexible electronic trading platform that provides the choice, agility, efficiency and confidence that traders want, from liquidity access to straight-through processing. For the increasing number of financial institutions trading G10 and EM, aggregation did not help them to trade in markets dominated by exchange-based trading and others where brokers still dominate.
Forex trades over 100 currencies; therefore, it tops the list of the most liquid markets. Liquidity can be defined as the ability of an asset to be converted into money without losing its value. In the stock exchange market, liquidity can be assessed based on the number of orders in the order book and such parameters as trading volume and spread. Order Sweeping to split the client’s order into smaller parts and execute it with multiple providers simultaneously. Filters serve several purposes, including protection against spikes and non-market quotes, improving the quality of order execution,
and risk management and depth of market balancing. Examples of risk management filters include the Shift filter and Margin level filter.
However, those connecting to OTC venues and exchanges, will be able to provide market-leading liquidity in a single normalized order book. Aggregation is not a new concept, but its importance has increased significantly as the number of venues has grown. It provides access and a consolidated view of the FX market, which increases transparency and offers algorithmic executions that maximize leverage of the available liquidity in the market. As the market continues to evolve, new trading venues have emerged, which focus on different products or currencies, or even supporting new trading styles.
The second stage, automated risk management, has progressed a lot over more recent times, but it was really the third stage, access to a reliable hedging pool devoid of manual intervention, that required tackling. Various finance institutions, banks, and huge brokers who act as counterparties ready to buy or sell the required amount of currency are a vast and integral part of the FX market. These counterparties are called liquidity providers, and they form liquidity in Forex. Forex is a platform where everyone, from a huge corporation to a beginner trader, can start making a profit from their funds. This article will discuss liquidity, how it is formed in Forex, the difference between liquidity providers and aggregators, and the latter’s benefits. By combining this method with quality liquidity aggregation and thorough risk management procedures, you can get to the point where
you are earning along with profitable clients and not losing money on them.
Forex aggregators provide software solution for liquidity aggregation from various sources within a single view. The aggregators support various combination of order types, currencies and tiered pricing. Forex brokers nowadays seem very interested in acquiring the services of Forex aggregators in order to satisfy the needs for lightning fast execution and effective order routing as per forex liquidity aggregation specific rules. We offer a range of features, including advanced charting tools, real-time market data, and order book depth, to help exchanges and brokerages stay competitive in this rapidly evolving market. FX aggregators play a critical role in the global FX market, facilitating price discovery, enhancing transparency, and improving execution efficiency for market participants.
