Tools for Brokers Enhances Deals Parameters Setting in Trade Processor

Tools for Brokers Pte. Ltd (Tools for Brokers), a leading provider of B2B technology for retail brokers, announced that it has enhanced Deals Parameters setting in its flagship bridging solution — Trade Processor (TP).

The forex technology firm introduced eight more indicators for each deal in trading history, including LP execution time, Full execution time, Platform price slippage, LP price slippage, Total markup, TP markup, Total broker profit and TP broker profit.

With each new parameter providing a detailed insight into one of the aspects of trading, the enhancement will help brokers understand exactly how much time each operation takes as well as how much revenue it generates. For example, TP markup shows brokers the markup which was added in the bridge, while Total markup also contains the markup of MetaTrader 4 and MetaTrader 5.

Additionally, LP execution time and LP price slippage parameters can help brokers evaluate and compare the quality of execution by different liquidity providers, enabling them to provide their clients with best execution possible.