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No Dealing Desk News

Brief updates on key developments: technology, liquidity, and our industry participation — without unnecessary details and transitions.

Technology
Composite Liquidity strengthens coverage with new flow connections
We have expanded the liquidity pool within Composite Liquidity by connecting additional banking and non-banking sources. This helps maintain tight spreads and improve the probability of full execution during increased volatility. The update is available for Composite accounts automatically.
Platforms
FIX API sandbox for developers — faster to production integration
We launched an updated sandbox for FIX API with detailed logs and control scenarios. Engineers can test routing logic and fault tolerance before going to production. Access is provided upon request from algorithmic trading and OMS/EMS teams.
Compliance
KYC/AML improvements: simplified Level 1 and strict Level 2
Updated verification procedure: basic level allows quick start, while advanced level involves extended document package and increased limits. This maintains balance between onboarding speed and compliance requirements. More details on KYC/AML page.
Industry
Last look transparency — industry focus and our algorithms
Industry trend is increasing transparency of last look parameters and rejections. Our SOR considers rejection statistics and delays of each LP when choosing routes. This helps reduce negative slippage risk for clients.
Partnerships
Infrastructure channels to Tier-1 liquidity — reliability under load
We strengthened dedicated communication channels to several Tier-1 liquidity providers. Goal is stable latency and fault tolerance during volume spikes. Infrastructure improvements and monitoring implemented without changes to client procedures.
Technology
MT5 bridge — performance gain on market routing
Updated MT5 bridge improved processing of price feeds and orders during active hours. Internal tests show reduced latency and stable behavior under peak load. This complements spike filtering algorithms on the price pipeline.
Company
Best execution — reporting practices and post-trade analytics
We expanded post-trade analytics: aggregated reports on slippage, time to execution, and rejection rates by LP clusters. This increases quality controllability and helps clients better understand market behavior.
Industry
Fintech community events — experience sharing in low-latency trading
The team participated in industry discussions on quote aggregation and order routing. Approaches to measuring markout and preventing degradations under high volatility were discussed. Practical cases generated high interest from colleagues.
Platforms
cTrader support — preparing for early access
We are preparing cTrader integration with Composite Liquidity connection. Focus on advanced DOM and automation. Early access program invitation planned as readiness progresses.
Compliance
Execution Policy — clarifying terms and examples
We refined explanations in the Execution Policy: added clear examples of level sweeps and partial execution handling without requotes. The document helps clients better understand execution logic in NDD model.

This feed is updated regularly. Publication dates are intentionally not displayed — we focus on substance.

Materials are for informational purposes only and do not constitute investment advice.

Information about partners and liquidity providers is provided for reference; availability depends on jurisdiction and conditions.

No Dealing Desk Limited

Professional No Dealing Desk trading platform with direct liquidity access and transparent execution.

Registered Office:

7/F MW Tower, 111 Bonham Strand

Sheung Wan, Hong Kong

Company No. 75779652

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Please review our legal documentation including our Terms of Service, Privacy Policy, Complaints, Risk Disclosure, and Execution Policy. These documents contain important information about your rights and obligations when using our services.

Risk Warning: CFDs are complex instruments and carry a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. Information on this website is not investment advice or a public offer.

Jurisdiction Notice: No Dealing Desk Limited is incorporated and registered in Hong Kong (Company Registration No. 75779652). Registered Address: 7/F MW Tower, 111 Bonham Strand, Sheung Wan, Hong Kong. Our services are subject to jurisdictional restrictions. Please review our Terms of Service to confirm service availability in your region. By accessing this website and using our services, you acknowledge that you have read, understood, and agree to be bound by the applicable terms and conditions.

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