Essentials for Brokers
SMART ROUTING & EXECUTION CONTROL
The Routing and Execution module in the B2TRADER system provides flexibility and control over how orders are processed and executed.
It supports three distinct order execution types A-Book, B-Book, and C-Book - allowing brokers to manage orders based on predefined parameters.
Customizable routing rules enable precise control over order execution, tailored to user categories, account traits, and market specifications.
Key Features
Key Features
From execution models to routing rules, the module ensures precision, speed, and flexibility in managing client orders.
From execution models to routing rules, the module ensures precision, speed, and flexibility in managing client orders.
Three Execution Models
A-Book: Executes the entire order amount with a liquidity provider.
B-Book: Internally executes the order amount within the broker platform, without external LP involvement.
C-Book (Hybrid): Splits the order amount, executing part on an LP and the remainder internally.
The price of the B-Book part is compared with the execution price of the A-Book part, guaranteeing the B-Book part isn’t executed with outdated outdated or less favorable quotes.
Three Execution Models
A-Book: Executes the entire order amount with a liquidity provider.
B-Book: Internally executes the order amount within the broker platform, without external LP involvement.
C-Book (Hybrid): Splits the order amount, executing part on an LP and the remainder internally.
The price of the B-Book part is compared with the execution price of the A-Book part, guaranteeing the B-Book part isn’t executed with outdated outdated or less favorable quotes.
Customizable Routing Rules
Determine execution paths based on user, account, account group, market, and market group parameters.
Efficient Order Management
Ensures fast and optimized processing of trades according to pre-set brokerage rules.
Customizable Routing Rules
Determine execution paths based on user, account, account group, market, and market group parameters.
Efficient Order Management
Ensures fast and optimized processing of trades according to pre-set brokerage rules.
Execution Process
Execution Process
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Order Execution
Type Selection
Determine based on the execution model (A-Book, B-Book, C-Book) and predefined routing rules.
Order Execution
Type Selection
Determine based on the execution model (A-Book, B-Book, C-Book) and predefined routing rules.
Order Creation
and Validation
Orders are submitted and validated for regulatory and brokerage compliance.
Order Creation
and Validation
Orders are submitted and validated for regulatory and brokerage compliance.
Risk
Management
Immediate checks follow to ensure risk parameters are met.
Risk
Management
Immediate checks follow to ensure risk parameters are met.
Routing
Matching
Orders approved post-validation and risk management are directed based on routing rules to liquidity providers or matched internally.
Routing
Matching
Orders approved post-validation and risk management are directed based on routing rules to liquidity providers or matched internally.
Order Execution
and Confirmation
Executed orders are confirmed and recorded, with critical details relayed back to the client.
Order Execution
and Confirmation
Executed orders are confirmed and recorded, with critical details relayed back to the client.
Market-Specific
Processes
CFD/PF positions impact margin and equity calculations; Spot transactions involve asset settlement.
Market-Specific
Processes
CFD/PF positions impact margin and equity calculations; Spot transactions involve asset settlement.
Record-Keeping
and Reporting
Executed trades are archived for compliance, and detailed performance reports are generated.
Record-Keeping
and Reporting
Executed trades are archived for compliance, and detailed performance reports are generated.
Flexible routing —
more business opportunities
Flexible routing —
more business opportunities
Discover the opportunities supported markets unlock — from stronger client engagement to expanded revenue potential.
Discover the opportunities supported markets unlock — from stronger client engagement to expanded revenue potential.
Optimized Execution Strategy
Tailors execution models to business and client needs, balancing risk, and maximizing profitability.
Risk Management
Effective control over how orders are executed and hedged, minimizing exposure and aligning with strategic objectives.
Operational Efficiency
Streamlined processes lead to faster execution and reduced costs.
Regulatory Compliance
Comprehensive order archiving and reporting ensure compliance with regulatory demands.
FREQUENTLY ASKED QUESTIONS
What are the different execution models supported?
A-Book, B-Book, and C-Book, each offering unique trade execution paths based on liquidity provider engagement and internal processing.
What are the different execution models supported?
A-Book, B-Book, and C-Book, each offering unique trade execution paths based on liquidity provider engagement and internal processing.
What are the different execution models supported?
A-Book, B-Book, and C-Book, each offering unique trade execution paths based on liquidity provider engagement and internal processing.
How can routing rules be customized?
How can routing rules be customized?
How can routing rules be customized?
What is the benefit of using multiple execution models?
What is the benefit of using multiple execution models?
What is the benefit of using multiple execution models?
How does the system ensure compliance with regulatory standards?
How does the system ensure compliance with regulatory standards?
How does the system ensure compliance with regulatory standards?
Can I set different execution types for different clients or markets?
Can I set different execution types for different clients or markets?