More LPs and quotes filtration in the new Trade Processor

The international technology company Tools for Brokers has announced the release of the latest edition of the Trade Processor (TP) liquidity bridge.

The new release features a combination of new functionality, enhancements to the existing feature set, and performance improvements.

Alerts have been added to the Trade Processor. As one of the top-requested features by TFB clients, alerts will notify users about issues with the quotes’ flow and rejections or disconnections on the LP side.

Additionally, new liquidity providers (LPs) – DTT Coins, StoneX, Flex Trade, and Interactive Brokers – were added to extend the liquidity pool for brokers, hedge funds, and prop trading firms.

The new quotes filtration functionality helps brokers filter spikes in quotes before sending them to traders. This eliminates the activation of pending orders by incorrect quotes and reduces broker risks.

There has also been an improvement to the synthetic symbols and index execution with the introduction of A-book hedging for all synthetic instruments. Among other additions to Trade Processor is a statistics calculation for LP performance, and the liquidity bridge is now localised to Chinese and Japanese languages.