Tools for Brokers, a leading technology provider for retail brokers founded in 2010, announced the release of the new version of its Trade Processor liquidity bridge today.
As well as improvements in automation and several technical enhancements, the latest edition features the introduction of support for synthetic instruments - liquidity that helps brokers and hedge funds create new instruments based on two or more existing instruments. Synthetic instruments allow brokers to expand their existing offerings by providing unique trading pairs.
Alexey Kutsenko, the CEO of the London-headquartered Tools for Brokers (TFB), said of the release: “Synthetic instruments are a great addition to the Trade Processor bridge that allows brokers to offer more to their traders within their existing environment. We believe that adding more functionality to Trade Processor and making it more powerful is ultimately beneficial for all our clients, and we will continue to expand its capabilities with future releases.”
Other enhancements include support for simultaneous multiple symbols processing by A/B-book and Volume Transfer tools, new quote statistics filters and the export and import of LP symbols. Further liquidities have been added to the solution including ActivFinancial, XValley, Bita, Leverate, DxFeed, Valutrades, BlueOrange and MorningStar.