Tag

#Market Data

4articles

Stop Pricing Disputes Before They Start: A Practical Guide to Auditing LP Feeds in Real Time

Learn how brokers and prop firms can validate LP pricing feeds, detect stale quotes and bad ticks, and prevent phantom spreads with practical monitoring and controls.

July 20, 202614 min517

Thomas Mueller

Do You Really Need FIX/FAST Market Data? A Broker’s Decision Guide (With a Simple Checklist)

FIX/FAST can be the right choice for latency-sensitive, high-throughput market data—but many brokers can meet client needs with simpler feeds. Here’s how to decide without overbuilding.

May 5, 20267 min2,130

David Kovač

Your LP Agreement Isn’t ‘Standard’: 4 Clauses That Quietly Reprice Your Execution

Liquidity terms can silently shift risk and costs onto brokers. Here are four overlooked clauses—indemnities, data usage, A-book proof, and emergency spread rights—and how to negotiate them.

April 19, 20267 min2,259

Priya Desai

Beyond the Top of Book: A Broker’s Guide to DoM, L1/L2 Feeds, and Hidden Liquidity Traps

Learn how brokers and prop firms interpret L1/L2 depth, build aggregated order books, and manage ‘fake depth’ risks in pricing, execution, and risk.

March 14, 202615 min3,748

Thomas Mueller