Forex Aggregator (Price Aggregator)
The Price Aggregator is a key feature provided by Fintechee’s backend, alternatively known as the Forex Aggregator given its primary focus on Forex instruments. This feature seamlessly integrates with our FIX API Trading Platform to consolidate quotes from various sources. Both A-Book brokers and those employing the Hybrid Model (combining A-Book & B-Book) benefit from obtaining the most competitive spreads between ask and bid quotes.
Our collaboration extends to more than 20 Liquidity Providers, all of whom have undergone connectivity testing. This opens up opportunities for Funds Management Institutions to establish a new brokerage integrating their liquidity through our FIX API trading platform.
Tutorial Video
Forex Aggregator (Price Aggregator) - Backend
Fintechee’s server package (backend) incorporates a built-in “Forex Aggregator (Price Aggregator)” engine, facilitating the following functions for brokerages:
- Aggregates real-time quotes from multiple liquidity providers.
- Sends merged quotes to traders.
- Manages order routing to appropriate liquidity providers through the order router management system.
The price aggregator engine empowers brokers to consistently access the lowest ask quotes and the highest bid quotes, creating opportunities for arbitrage trading across various liquidity providers.
For those interested in establishing a new broker, please refer to our related articles: Forex Broker White Label, Liquidity Provider, FIX API Trading Platform.
Forex Aggregator (Price Aggregator) - Frontend
Fintechee’s WEB page operating on the browser (frontend) integrates a built-in “Forex Aggregator (Price Aggregator)” engine, enabling individual traders to perform the following actions:
- Aggregates real-time quotes from multiple brokers.
- Monitors merged quotes and manages multiple accounts simultaneously.
- Sends orders to appropriate brokers through the WEB EA running on a browser.
The price aggregator engine empowers individual traders to consistently access the lowest ask quotes and the highest bid quotes, providing opportunities for arbitrage trading between accounts created on different brokers.
For insights into arbitrage trading, please refer to our related articles: Forex Trading Strategies, Algorithms for Trading, Tutorial for Forex Trading.
