Tools for Brokers adds LPs, Volume Converter features to its Trade Processor liquidity bridge
Forex broker tech solutions provider Tools For Brokers (T4B) has announced the release of a new version of its Trade Processor liquidity bridge, with some new added features.
From now on, brokers can set up various execution profiles for different market conditions, such as high volatility and lack of liquidity, and switch between them with a couple of clicks or even automate it through scheduling.
Moreover, profiles can be used to group execution rules by brands, to significantly simplify bridge configuration for White Label providers or Prime Brokers.
Another feature released in the latest version of Trade Processor is the Volume Converter which allows brokers to convert instruments into different units and handle atypical contract sizes that a standard LP cannot process.
For example, Volume Converter makes it possible to convert metals measured in ounces to grams, barrels to liters, and USD to cents, even if the LP doesn’t offer such exotic instruments.
Also, three new liquidity providers were added to the bridge: Bequant, AlfaCapital, and xHub. Tools for Brokers said it is committed to providing its clients and partners with a curated and high-quality selection of LPs to guarantee the best pricing for their traders.