Brokerage technology solutions provider Tools For Brokers has announced their most recent new product release, MetaTrader 5 Trade Processor. This product provides Crypto and Forex trading capabilities in one IT solution. Trade Processor is a secure, multi-part modular system, which combines risk-free liquidity bridge and market making order pool.
Albina Zhdanova, Tools for Brokers
Albina Zhdanova, COO of Tools For Brokers, commented on the new product:
Using TP allows the broker to attract a new audience by broadening the spectrum of their offering in crypto. Our new product allows for the execution of the trade in crypto symbols as well as currency pairs, combined into a single technical solution.
The company stated that operational workflow with crypt symbols in Trade Processor is very similar to the workflow with currency pairs. It significantly simplifies the user experience, particularly with switching from one liquidity to the other. This unique product provides both marginal crypto liquidity and crypto liquidity with physical delivery. Today Tools For Brokers innovation is supporting workflows with two largest crypto exchanges, Binance and HitBTC, which represent the main concentration of the world’s cryptocurrencies. The list of crypto data providers will continue to expand.
Trade Processor provides a unique quote management feature. It uses a combination of individually configured connected feeders, implementing up to five integrated parameters for filtering. It gives the ability to control downstream processes. The user can generate an unlimited number of rules. Different quote flows from each feeder can be configured into a single data flow, which will stream to the connected MT5 server, by the rules set by the user.