Introducing Vulkan Prime Bridge by Tradeview Markets
At Tradeview Markets, we’re constantly looking for ways to adapt our trading platform to meet the growing demands of the financial markets. That is why we developed the Vulkan Prime Bridge (VPB) as a best-in-class liquidity solution that sets us apart from the competition.
The Vulkan Prime Bridge (VPB) solution from Tradeview Markets was designed to be robust, effective, and simple to configure. Most importantly, it enables brokers to connect to multiple liquidity providers at the same time.
We developed VPB to give our clients a completely organic and natural trading experience. Clients will have access to competitive and attractive spreads across multiple liquidity pools. And that’s just the tip of the iceberg!
But, before we get into the specifics of this cutting-edge technology, it’s important to understand what a liquidity bridge is and how Vulkan differs from the competition.
What is a Liquidity Bridge?
A Liquidity Bridge assists Forex Brokers with their most difficult challenge, liquidity. Simply put, liquidity refers to the availability of enough buyers and sellers at each price point. This allows them to enter and exit each trade at the best price with minimal delay and slippage.
The Benefits of Using a Liquidity Bridge
Using a liquidity bridge frees traders from the constraints of their brokerage’s small trading community. They would be able to transact with legitimate forex market participants from all over the world. When they place an order, it is available to anyone within and outside of their brokerage.
Here are some of the powerful benefits that a liquidity bridge can provide:
- Scalable liquidity: The liquidity bridge is an essential component of any brokerage because it acts as a “bridge” between the trading platform (i.e. MT4/MT5) on one end and the liquidity providers on the other.
This assists in pushing trades from the trading platform to liquidity providers for clearing. Additionally, it aids in making sure that all trades, big and small, are correctly reported back to the trading platform and cleared.
When a trade fails or is not properly reported back to the platform, the broker may face significant financial and/or regulatory risk. As a result, reliability should be a key consideration when selecting a bridge for your platform.
- Markup Setting: The ability to set pricing markups is a key feature of bridges. This is an effective tool that immediately increases the options available to brokers when they are presenting a product.
A bridge, for example, makes it very simple to offer fixed spreads to one group of clients while offering variable spreads to another within the same trading ecosystem.
- Tight Spreads: Traders gain access to large pools of forex liquidity at competitive spreads. The price discrepancy between the best bid and ask comes from an open wholesale market and is represented in its raw form. Every time a price is better, the spread is immediately altered and everyone can see it.
- Enhanced Risk Management: Last but not least, bridges provide a range of tools that can support a broker’s risk management abilities. Risk teams favor working with bridge providers because they can route orders, adjust exposure between different books, and have reporting capabilities, to name a few.
What is the Vulkan Prime Bridge?
Vulkan Prime Bridge, our flagship multiplatform liquidity bridge solution, is compatible with MT4 and MT5 and supports multiple liquidity providers. In addition, the Vulkan Bridge assists brokers in risk management, data collection, and automation of their most critical processes.
The best part? You can do all this and more from a single console. Vulkan promises to be the most efficient, user-friendly, and flexible tool for brokers to manage requests, clients, and orders.
Our main goal with the Vulkan Bridge is to provide our clients with a more seamless and rapid connection to allied and specific liquidity providers (LP). We believe we have far exceeded our own expectations in that regard.
However, there are multiple benefits that our Vulkan Bridge can provide to brokers and traders, including:
- Create an internal bridge to improve the customer experience.
- Combine various features to detect and assess risk profiles.
- Reduce and save money on external fees.
- Connect clients with multiple liquidity providers (LP).
- Allow the use of plugins to create additional connections and options.
- Better control over the bridge’s administration and the volume of transactions.
- A dedicated internal data storage area within the software.
Contact the Tradeview Support Team at techsupport@tvmarkets.com for more information about this product.
Powerful Features of Tradeview’s VPB
- Easy pairing with any LP through the built-in Wizard.
- Direct and simple configuration of risk profiles, without complicated parameters.
- Quick installation and deployment, allowing the bridge to be installed and set up seamlessly.
- Easy configuration of FIX accounts, allowing users to place orders without having to go to their trading terminal.
- A Function to close trades directly with a LP without the need to log into the Liquidity Provider session, this allows a quick cleaning of the books and risk exposure.
- Performance monitor, allows you to see how the bridge is behaving in terms of computational resources (CPU, Memory).
- Detailed logs separated by category: system logs (bridge), liquidity provider logs, and FIX client logs, allowing for proper environment separation and facilitating trade investigation.
- Market watch for each LP connection, allows monitoring whether prices are being transmitted correctly from the bridge to the client.
- Provides the broker with enhanced risk management capabilities.
- Routing of orders in accordance with predefined rules.
- Connections to Liquidity Providers via FIX.
- Customer orders are received using the FIX Protocol.
- The FIX Protocol is used to send market data.
Internal Spread Management (no need to modify from MT4).
What Is the Financial Information eXchange (FIX®) Protocol?
The Financial Information eXchange (FIX®) Protocol was developed in 1991 to allow large equity trading firms to exchange information with their clients. Today, it is regarded as the gold standard for messaging, with thousands of businesses using it every day to complete millions of transactions.
The Vulkan Bridge provides a FIX connection to different liquidity providers. That means traders get access to real-time analysis of current market information. In addition, customer orders are received through the FIX protocol which ensures privacy and faster execution.
Individual traders can benefit from the following features of FIX API:
- Faster executions: The FIX API focuses on transmitting large amounts of financial data in the shortest amount of time. Each operator has very strict rules of engagement that streamline data interpretation on both sides, resulting in FIX messages that are short and to the point.
- Multi-channeling capabilities: Brokers can now connect to multiple brokers at once using a single custom application or interface, allowing them to expand their trading opportunities as they see best suited.
- Increased flexibility: Traders can create algorithms in any programming language or with any other tools they desire to provide themselves with a customized solution. Using the cTrader FIX API, these tools can be linked to the markets via their broker.
- Enhanced privacy: Trading algorithms can be run directly on a trader’s computer, eliminating the need for a third-party platform and keeping all information private.
5 Reasons to Trade On Vulkan with Tradeview Markets
- Vulkan’s Performance and Speed: Every market participant wishes to provide its clients with the quickest possible trade execution and data feed. How can it be checked and measured? Request a trial period and put the solution to the test.
- Technical Support: We understand the fact that the bridge is a critical component of your trading infrastructure. The good news is that Tradeview Markets created the Vulkan Prime Bridge (VPB) in-house. This means that our technical support staff will be available to provide first-rate technical assistance when you need it.
- Supports Multiple Liquidity Providers: As a business, you don’t want to be tied to a tool that limits your ability to grow or develop your business model. Assume you want to add some exotic crypto pairs to your client offering one day.
Obviously, you must ensure that the bridging solution has a connection to liquidity providers who are currently offering advantageous collaboration terms. However, you should also ensure that they allow you to add new LP connections as needed.
- Spread Management: VPB provides direct management of the spreads transmitted from the liquidity provider, with the ability to easily adjust the increase or decrease of the Bid and Ask.
Through the Spread Scheduler, you can also control the streaming of prices during important macroeconomic events, reducing the risk of executions with excessive slippage.
- Pricing: We encourage you to carefully review pricing plans and preliminary contract drafts to make sure there are no hidden fees. Find out about the setup fee and the trading volume fee. Inquire about any monthly minimums.
Tradeview Markets provides fast, accurate trade executions with some of the industry’s tightest spreads. Get in touch with our Tradeview support team at techsupport@tvmarkets.com for all the relevant details.
PartnerToday with Tradeview Markets
With the help of Vulkan Prime Bridge technology, brokers can better streamline their work and ultimately make their business more profitable. For more information about VPB, get in touch with our Tradeview Support Team at: techsupport@tvmarkets.com.
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