FX Liquidity Aggregation
The FX Liquidity Aggregation component features:
- Widest market coverage
- Flexible and intuitive GUI
- Complete range of order and execution types
- Algorithmic trading
- Integration with the pricing engine, white-labelling and order management
- Smart Order Routing (SOR)
- Full STP and auditing capabilities
Widest market coverage
Dealers need access to as much liquidity as possible. TraderTools' FX Liquidity Aggregation component supports APIs of most of the world's largest liquidity providers, including banks, portals and Electronic Communication Networks (ECNs). And TraderTools is ready to integrate any API not already covered.
Dealing Pad showing full market depth (EUR/USD)
Flexible and intuitive GUI
Our customizable Graphic User Interface (GUI) allows dealers to customize their views of the market. It features:
- Consolidation of all available liquidity channels onto a single screen
- Full-depth view − including internal orders sorted by market and size
- Set-depth view − with configurable preset amounts for easy monitoring and execution
- Single-click or multiple-click dealing
- Order and execution status blotters
- Savable user profiles
- Integrated trading keypad
Complete range of order and execution types
A diverse set of order and execution types means dealers can take liquidity how they want it, when they want it.TraderTools' FX Liquidity Aggregation component supports:
- Market, Limit, Stop, etc.
- GTC, IOC, AON, POK, etc.
- The creation of more complex order-routing rules
Algorithmic trading
As all market conditions are fed into the engine, alpha-generating trading algorithms can be integrated into the platform to execute on opportunities as soon as they become available and to monitor strategies as conditions change.
Integration with the pricing engine, white-labelling and order management
The only way to manage liquidity efficiently is to have all channels available on one platform. In TraderTools' Liquidity Management Platform, the same aggregated view of the market available to traders in the Dealing Pad is fully integrated with the FX Pricing Engine, FX White-Labelling and FX Order Management components.
Smart Order Routing (SOR)
The SOR unit receives the full liquidity available to it in real time and constantly monitors the best possible venues for bids and offers, according to predefined order rules. It then immediately routes the orders to the appropriate venue (internal or external) when a match is found. Alternatively, the SOR unit can send orders to a specific venue (to become included in that venue's liquidity) and monitor the order status from afar, receiving fill reports or order cancellations as required.
Full STP and auditing capabilities
TraderTools' Liquidity Management Platform integrates easily into any risk or back-office system. With one integration point for all deals done against all counterparties, TraderTools can facilitate, or fully develop, an integration to any API-supported system, including many of the major back-office systems currently in production. And all trading activity is fully audited and is available in a simple-to-use interface or through customizable reports.
