STP Broker

STP Broker mode implies that the company-operator has accounts opened on different trading platforms where company forwards trade orders of users in form of a consolidated position and Limit orders. In case of an external platform support for Stop orders they can also be displayed on this platform. All Limit and Market (or Stop) orders are forwarded to external marketplaces through broker accounts opened there. State of each external account within the platform is mapped to a special Master Account. In some cases, the trading platform allows clearing between Master Accounts.

Risk management module monitors user transactions, and the router carries out address output of trading orders according to the routing settings for the user’s trading account. User also receives market and historical data according to routing settings.

Another solutions:

Exchange

Broker A+B

Proxy Broker

Market Data Provider


See also:

Service