The Company operates on a 100% A-book model, hedging on external counterparties for all client positions.
The company is not interested in the client's losses, as it earns only from the commission paid by the client for making transactions.
Check the illustration for detailed information
FELDSTEIN FINANCIAL GROUP provides clients with liquidity aggregated from several counterparties, which offers a number of advantages: clients always receive the best prices, are protected from poor execution of orders by the counterparty, and are completely anonymous to the counterparty.
- STPThe STP accounts are powered by an aggregator developed by Itransition.
- ECNECN type accounts are powered by an aggregator developed by Softwire.
- Client №1
- Client №2
- Client №3
- Client №4
- ...
- Client N
- Counterparty №1
- Counterparty №2
- ...
- Counterparty N
Read the detailed information in the illustration
Advantages of liquidity aggregation
Counterparty Pool (Liquidity Aggregation)
Ability to select a counterparty to hedge a transaction
Counterparty price
No possibility to select the best price. Necessity to execute the order at the price of the only contractor.
No protection against non-market quotes
If the counterparty has a non-market quote (spike), the stop order will be activated by this quote and the client will incur additional losses.
No protection against poor workmanship
High probability of order execution with high slippage, delay and other attributes of poor execution.
No protection against force majeure
There is no way to bypass force majeure situations: breakdown of communication with the counterparty, no flow of quotes, etc.
Best prices
Prices vary from one counterparty to another. The aggregator allows you to choose the best of the offered prices.
No protection against non-market quotes
If the counterparty has a non-market quote (spike), the stop order will not be activated by this quote.
Protection against substandard performance
The probability of order execution with large slippage, delay and other attributes of poor execution is minimized.
No protection against force majeure
In case of any force majeure: breakdown of communication with the counterparty, lack of quotation flow, etc., the order will be executed at another counterparty.