New volume types in Trade Limiter and credit types in Credit Management
The international technology company Tools for Brokers has announced the release of the latest edition of the TFB Toolbox solution. It includes new functionality for two TFB Toolbox-supported products – Trade Limiter and Credit Management.
Trade Limiter now has the Volume Type parameter where brokers can choose between two options, lots or base units, to limit trading symbols based on their value. Another feature that has been added to the solution is the Volume by balance limiter. This helps prop trading companies to limit their financial risks by setting maximum volumes that traders can operate with based on the balance levels.
The Credit Management solution has been enhanced with several important features as well. Now, brokers that require multiple credit options can choose between the two credit types and opt to work with either the default MT credit or choose App credit. As well, the new Floating loss parameter in the credit removal settings helps encourage traders to be more cautious when operating with credit. This parameter works with negative PnL only.
Another update to the Credit Management application is the enhancement of the Fix Balance feature, which is now able to restore a negative balance to zero with the credit funds.
Finally, the restoring functionality has been expanded to provide clients with more options and make the overall process more convenient. As of the latest edition, brokers can now choose to restore from the last activity, a specific date, or a period of time.
Both Trade Limiter and Credit Management are supported by the TFB Toolbox – a single console solution for all TFB plugins and the day-to-day management of applications.
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