Price Aggregator is a feature that Fintechee’s backend provides. Forex instruments are mainly supported, so, we can call it Forex Aggregator as well. It integrates with our FIX API Trading Platform to aggregate different quote sources. The A-Book brokers and the Hybrid Model(A-Book & B-Book) brokers can get the lowest spreads between the ask quotes and the bid quotes.
We have cooperated with more than 20 Liquidity Providers. And We have done testing the connectivities with all of them. Funds Management Institutions can have the chance to create a new broker integrating with their liquidity via our FIX API trading platform.
Forex Aggregator (Price Aggregator) on the Backend
Fintechee’s server package(backend) has a built-in “Forex Aggregator(Price Aggregator)” engine which helps brokerage do these things below:
- Aggregates real-time quotes from multiple liquidity providers.
- Sends merged quotes to traders.
- Sends orders to appropriate liquidity providers by order router management system.
By using the price aggregator engine, brokers can always get the lowest ask quotes and the highest bid quotes, even have opportunities to trade arbitrage between multiple liquidity providers.
Forex Aggregator (Price Aggregator) on the Frontend
Fintechee’s WEB page working on the browser(frontend) has built-in “Forex Aggregator(Price Aggregator)” engine which helps individual trader do these things below:
- Aggregates real-time quotes from multiple brokers.
- Monitors merged quotes and manage multiple accounts simultaneously.
- Sends orders to appropriate brokers by WEB EA running on a browser.
By using the price aggregator engine, individual traders can always get the lowest ask quotes and the highest bid quotes, even have opportunities to trade arbitrage between multiple accounts created on different brokers.
If you have any questions, please contact us.
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