Fifteen years running dealing desks. Covers toxic flow, hedging strategy, and risk controls at scale.
A broker-ready decision tree to separate requotes, partial fills, and slippage—using logs, timestamps, and LP metrics to resolve execution complaints faster.
Silent spread markups happen when multiple systems add “just a little” to the same quote. Here’s how brokers can trace every markup layer, prove the true all-in spread, and stop accidental double-charging.
A practical playbook for when brokers need a dealing desk—covering intervention triggers, approval workflows, and audit logging to stay compliant and operationally efficient.
A practical framework to run a profitable B-Book without catastrophic drawdowns—covering client segmentation, exposure limits, and real-time hedging triggers.
Execution complaints often get mislabeled as “toxic flow.” This post shows a practical comparison method to separate client-behavior issues from LP/bridge/aggregation problems using a few clean checks.
Tick scalping can turn “tight spreads” into toxic flow. Here’s how brokers detect it, price it, or restrict it—while keeping execution policies clear and dispute rates low.
A practical due diligence checklist for assessing liquidity providers—pricing, last look, reject logic, credit terms, and support—before you sign.
Learn how to run a resilient multi-asset liquidity bridge across FX, indices, and commodities—covering session times, corporate actions, and pricing source strategy.
Learn how brokers and prop firms interpret L1/L2 depth, build aggregated order books, and manage ‘fake depth’ risks in pricing, execution, and risk.
A practical, end-to-end guide for brokers onboarding a new LP via FIX—covering credentials, sessions, certification, and a go-live checklist.
A practical decision framework to choose STP, market maker, or hybrid execution based on client behavior, risk limits, costs, and regulatory constraints.
A definitive guide to liquidity bridge architecture—how FIX sessions, symbol mapping, markups, and failover work together to deliver stable pricing and execution.
