Financial tech firm Tools for Brokers (TFB) and liquidity provider Broctagon have announced a partnership that will make it easier for brokers to access liquidity. This collaboration is designed to improve the experience for Broctagon’s clients by streamlining how they get the financial assets they need to trade.
“This partnership is a win-win,” said Don Guo, CEO of Broctagon. “It not only improves how we deliver a wide range of financial instruments, but it also aligns with our commitment to providing innovative solutions for our clients.”
TFB’s Trade Processor technology will be integrated into Broctagon’s system. This will cut down on the number of steps brokers need to take to access liquidity. It also gives them more choices, allowing them to diversify their liquidity providers. This can potentially help them manage risk and get better pricing on trades, even for unusual orders or during slow markets.
Alexey Kutsenko, CEO of Tools for Brokers, echoed this sentiment. “Broctagon is a leader in liquidity provision,” he said, “and we’re excited to be working with them. We believe this combination of their expertise and our technology will create a powerful tool for brokers.”