While its core emphasis continues to be FX and fixed income, it does provide various modules for equities, commodities and, most recently, cryptocurrencies. We are the leading currency technology provider to hundreds of financial institutions around the world, including banks, brokers and cross-border payment companies. Articles and financial market analysis on this website are prepared or accomplished by an author in his personal capacity. The views and opinions expressed in postings on this website belong solely to the author and may not reflect those of the company’s management or the official position of the company. The contents of the site do not constitute financial advice and are provided solely for informational purposes without taking into account your personal objectives, financial situation or needs.

Seamless access to our venues, ECNs, and third-party venues such as CBOE FX, EuronextFX and B3. It takes up to three days to install and launch the basic version of the product on the MetaQuotes platform. Liquidity aggregation is also becoming more complex in order to integrate new functionality such as multi-stream handling. “Creating a comprehensive picture of the market is getting ever more complicated because of the various stream sizes, order types and venue nature. This is nothing unmanageable but it something that require greater understanding of market structure,” says Vincent.

Refinitiv FX Trading

Managing multiple connections to FX venues is inefficient, takes up valuable screen real estate and presents users with only a limited view of prices and market depth. But perhaps more of an issue is the time https://www.xcritical.com/blog/liquidity-aggregation-definition-and-benefits-for-forex/ and workload required to connect to a venue’s API. 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.

This primer is designed to give you a closer look at exactly how our product works in a live environment, and whether it would be a good fit for your business. MatrixNET can be hosted with Gold-i or on clients’ own infrastructure and includes full disaster recovery. A wide variety of deposit and withdrawal methods are available including bank wire transfer, a range of popular credit/debit cards, crypto payments and EMIs. B2Broker is committed to working alongside its clients to ensure ultimate user satisfaction.

Conference round-up: TradeTech FX USA 2021

Not only were there new liquidity providers, there were also new ways for the old providers to distribute liquidity.. With advances in technology, modern aggregation services enable efficient execution management, providing trading firms with a single point of access to a range of different venues that support multiple different trading styles. They allow traders to trade with many participants using a single API or a single trading terminal.

Our company offers the most profitable, fully licensed fx/crypto brokerage software or a ready-to-work business. We provide best-in-class web & mobile trading platforms, sales-driven CRM, full integration with MT4/5, and access to 150+ payment providers. With XCritical solutions, you will be able to increase your performance productivity by up to +9.77%. Well anchored in the retail market for some time, the company made the conscious decision in 2019 to open up the technology to the institutional space.

Why Do We Need Liquidity Aggregators?

Aggregate FX liquidity using our award-winning smart order router, advanced execution algorithms, and performance benchmarking. Choose from the rich suite of fully composable strategies or add your own custom algorithms via our extensible architecture. Serve internal and external users
wherever and whenever they
trade — and open up new
markets and opportunities for
you and your customers. FX Aggregator helps you unlock efficiencies across more than 500 currency pairs globally. Fully automate cross-venue FX trading workflows from your desktop to front- and back-office processing (STP), leveraging a normalised ticket flow over our Trade Notification service.

Algorithmic trading with low cost of ownership reduces barriers for market participants. Benefits include interoperability features for access to genuine liquidity from central limit order books, primary markets, ECNs and specialised exchanges, as well as relationship-driven support from trading houses. The system registers in detail the entire client order history with a time record of each stage, providing assistance in resolving disputes with both clients and liquidity providers.

More features to improve your flow

It takes time and resources to code and test before updated systems can be released into production. More recently, the COVID-19 pandemic has restricted the operation and availability of many voice trading https://www.xcritical.com/ desks, which has further accelerated the migration to electronic platforms. With increasing numbers of clients now having first-hand experience of electronic trading, this trend is likely to continue.

• The Admin Eye admin console is an essential component that provides full access to Aggregator controls.
• Enables execution via APIs by an external liquidity provider, or another aggregator.
• The smaller ones can’t absorb that, so traders have to consider which liquidity provider is likely to absorb the order and which ones will hedge that order.
• “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.
• On top of this, continual technological evolution has made electronic trading solutions cheaper and more readily available to everyone.

Savings can be made by clients who pay a single screen fee, as opposed to fees paid to multiple venues. In addition, efficiency is improved and screen real estate maximised with Refinitiv FX Aggregator displaying liquidity on a single screen. Refinitiv is committed to enabling its clients to access the right liquidity pools. 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? The Electronic Communication Network (ECN) provides secure trading by combining the liquidity of primary providers and automatically matching buy and sell orders.