Tools for Brokers Adds Spot and Futures Trading Support Powered by Binance

Tools For Brokers (TFB), an international FX technology company, announced on Monday that it has added support for spot and futures trading powered by Binance, a cryptocurrency exchange, via Trade Processor. According to the press release, brokers could provide access to spot trading for exchanging purposes and futures that allow margin trading with leverage.

“The new feature is perfect for brokers looking at offering crypto to their clients and expanding their tradable instruments list. It helps strengthen brokerages’ position in the market, diversify the portfolio and reduce business risks,” the company stated.

Trade Processor, a product from TFB, supports an external FIX API that allows the integration with any third-party platform. In addition, it provides trading via multiple Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers, managing risks, and collecting data in a single console.

Recent TFB Announcements

In July, Finance Magnates reported about TFB’s announcement of Exclusive Capital joining the Tools For Brokers ecosystem for stronger liquidity bridging. Exclusive Capital will use TFB’s Trade Processor liquidity bridge on the MT4 and MT5 trading platforms. Exclusive Capital aims to support clients through quality trading experience and top-level liquidity.

Moreover, in May, Tools for Brokers strengthened its offerings in the financial services industry by integrating the proxy server solutions offered by MT Proxy. Under the strategic partnership inked between the two, Tools for Brokers will integrate the proxy server solutions with liquidity bridge software, thus ensuring a faster and more efficient trading experience for its clients. MT Proxy claims that its solutions reduce excess latency by up to 40 percent.

Tools for Brokers, with offices in the UK, Cyprus and Thailand, is a well-known technology provider of MetaTrader 4 and MetaTrader 5 solutions. The firm has expanded its services significantly since the start of 2021. In addition, the company offers a wide range of products and services to address the most critical needs of financial brokers.