Splitting high-volume orders and protection for better pricing in Trade Processor

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

The release includes several new features and enhancements to the existing functionality.

Brokerage Business Intelligence (BBI) pools can be selected in the routing rules for more dynamic routing. Two pool confirmation modes are now available: manual and automatic. The manual mode provides an additional layer of protection by ensuring the user approves every change before it is applied.

Rule lists can also be locked in place to prevent unwanted or accidental changes to their order.

Splitting of high-volume orders was introduced for high-volume order processing. Now, clients can create splitting rules for A-book orders to ensure better execution pricing on large-volume orders. The feature is user-friendly and is easy to navigate.

New protective measures were introduced to ensure a seamless trading flow. With the latest edition, the system tracks the last time a Feeding/Execution configuration was updated and restricts changes to outdated configuration. This helps avoid uncontrolled changes and prevents conflicts in extensive environments where small changes can trigger a chain reaction. The feature will be extra helpful to brokers logging into Trade Processor via multiple tabs, devices, and accounts.

Next, Trade Processor is now compatible with even more trading platforms as it supports account logins that include strings of text.

The search function in the execution configuration bridge has also received an upgrade. Now, users can search by groups, countries, security, and account colours. This minor change dramatically improves the liquidity bridge’s convenience and saves brokers time.