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).