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Transcribed

Forex Market Trade Lifecycle Infographic

PZEBRAFX FOREXMARKET TRADE LIFECYCLE 24 AFTER YOU CLICK ON THE TRADE BUTTON IN MT4 PLATFORM, THE ORDER GOES TO THE BRIDGE BRIDGE PLATFORM BRIDGE RECEIVES THE ORDER AND TRANSFERS IT FURTHER TO THE LIQUIDITY AGGREGATOR USING INTERBANK FIX PROTOCOL -> LIQUIDITY AGGREGATOR BRIDGE LIQUIDITY AGGREGATOR LOOKS FOR THE BEST BID/OFFER RATE AVAILABLE FROM -> ALL CONNECTED LIQUIDITY PROVIDERS, IN ORDER TO EXECUTE THE TRADE BEST BID OFFER RATES LIQUIDITY AGGREGATOR AFTER SELECTING THE BEST RATE, THE AGGREGATOR SENDS A REQUEST TO A CORRESPONDING LIQUIDITY PROVIDER SELECTED INTENSIVE BEST RATE COMPETITON AFTER RECEIVING THE ORDER, LIQUIDITY PROVIDER EXECUTES THIS ORDER AND SENDS THE CONFIRMATION BACK LIQUIDITY PROVIDER TRADERS ORDER TRADING PLATFORM RECEIVES ORDER EXECUTION CONFIRMATION AND INFORMS THE TRADER. THAT'S IT, THE TRADE IS DONE AT THE BEST AVAILABLE RATE! TRADE IS DONE PLATFORM Transparent access to the forex market at WWW.ZEBRAFX.COM Bridge - a special program that provides trading terminal (e.g. MetaTrader4) and interbank FIX protocol compatibility ZEBRAFX Liquidity Aggregator - special software that combines limit orders from various liquidity providers into the unified "depth of market", which allows a trader to choose the best bid/offer rate for the order execution Liquidity Provider - usually large banks, hedge funds or other financial companies that operate on the currency market and that are characterised by distinctive ability and commitment to make a deal (either long or short) at any time

Forex Market Trade Lifecycle Infographic

shared by zebrafx on Aug 20
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You’ve probably wondered how a Forex market trade looks like from the inside, what data is being transmitted and where, who controls the elements of the information transfer chain, who owns and main...

Publisher

zebrafx

Designer

zebrafx.com

Category

Economy
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