NDD Trading Gateways and Composite Liquidity
We combine liquidity from leading banking and non-banking flows in our proprietary Composite Liquidity gateway. Fair BBO pricing, deep order book, and smart order routing ensure fast and predictable execution without conflicts of interest.
What are Trading Gateways?
A gateway is a high-performance module that connects trading platforms to liquidity providers and exchanges, receives quotes, normalizes them, and ensures order execution. In the NDD model, it's critical for speed, reliability, and fair execution.
Our Trading Gateways
Connected providers:
Disclaimer: Mention of counterparties and exchanges is for informational purposes. Access to flows depends on jurisdiction, client status, and connection terms.
Composite Liquidity — Single Entry Point to Multiple Price Sources
The gateway receives parallel quote streams, normalizes them (tick size alignment, format matching), filters outliers, forms the best price (BBO) and combined order book depth.
Smart Order Router considers price, volume, latency, last look statistics (rejection rate/hold time), historical markouts (100-500ms), and limits to choose the route with maximum execution probability and best VWAP.
Order Processing Pipeline
Architecture & Protocols
- • FIX 4.4/5.0 (FIX API)
- • MT5 bridge with plugins
- • cTrader connector (in development)
- • Heartbeat/Resend/Sequence support
- • QoS limits and back-pressure
- • Colocation in specialized DCs
- • Dedicated channels
- • Active-Active clusters
- • Latency/fill/rejection monitoring
- • Circuit breakers and spike filtering
- • Encryption in transit
- • Access control
- • Operation auditing
- • Secure key management
- • Compliance monitoring
Composite vs Single LP
| Metric | Composite Liquidity | Single LP |
|---|---|---|
| Price Sources | Multiple aggregated | Single provider |
| Spreads (typical) | Tighter | Wider (depends on LP/market) |
| Market Depth | Higher | Limited to LP flows |
| Fill Probability | Higher (aggregated) | Depends on LP state |
| Volatility Response | Stabilized through competition | Sensitive to single flow state |
* Values are indicative and depend on market conditions and available counterparties.
Use Cases
- Fast NDD setup (1-2 days)
- Testing without configuration
- Aggregated TCA reports
- No need for separate LP agreements
- Maximum price quality and execution probability on Composite accounts
- Direct Single LP gateway for specific flow preferences
- Transparent execution with full logging
- No conflicts of interest
Quality & Metrics (Indicative)
Average Latency
4-9ms in colocation
Fill Ratio
97-99% (normal market)
Positive Slippage
55-65% share
Rejection Rate
Depends on mode (firm/last look)
Disclaimer: Metrics are not a promise of results and may vary based on market conditions, instrument, and execution mode.
Frequently Asked Questions
Ready to Experience Superior Execution?
Join thousands of traders and brokers who trust our gateway infrastructure for their execution needs.
No Conflict of Interest
We do not act as counterparty to your trades; orders are routed to external liquidity providers (A-book model).
Last Look
Some providers use last look; we account for rejection probabilities and delays in routing decisions.
Availability
Access to specific providers, exchanges, and instruments depends on jurisdiction and client status.
Risk Warning
CFDs are complex instruments and carry high risk of rapid money loss due to leverage. Assess your risks carefully.