Match-Trade

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**⚠️ Note:** All of the stated endpoints and sections are for demonstration purposes only. Theneo does not manage payments API. Get sales data, itemize payments, push orders to POS, and more.The Orders API provides a one-stop shop for integrating advanced payment functionality. You can itemize payments with custom line items or catalog objects, send orders to real Point of Sale devices to be fulfilled, and more.In addition, the Orders API allows you to look through all of a seller's previous sales and returns itemization data, customer references, and other information from POS or online transactions.

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Introduction

Dashboard

Bridges

Broker Symbols

LP Symbols

Risk Management

Recent Logs

Search Logs

Hedge Error Logs

Auto Hedge Logs

Reports

Market Depth

Market Watch

Statistics

Exposure

Hedge Monitor

Theneo Demo TechCrunch

Bridge Manager Manual

Sandbox

<p class="slate-p" placeholder="Type / for widgets"></p><div  data-type="info" style="background-color:#eef1ff;color:#4a59af"><div ><svg width="20" height="20" viewBox="0 0 20 20" fill="none" xmlns="http://www.w3.org/2000/svg"><path d="M10.0628 14.1676C10.2434 14.1676 10.3927 14.1086 10.5107 13.9905C10.6288 13.8725 10.6878 13.7232 10.6878 13.5426V9.77177C10.6878 9.6051 10.6253 9.46274 10.5003 9.34469C10.3753 9.22663 10.2295 9.1676 10.0628 9.1676C9.88227 9.1676 9.73296 9.22663 9.61491 9.34469C9.49685 9.46274 9.43783 9.61205 9.43783 9.7926V13.5634C9.43783 13.7301 9.50033 13.8725 9.62533 13.9905C9.75033 14.1086 9.89616 14.1676 10.0628 14.1676ZM10.0003 7.62594C10.1948 7.62594 10.358 7.56344 10.4899 7.43844C10.6219 7.31344 10.6878 7.15371 10.6878 6.95927C10.6878 6.76482 10.6219 6.59816 10.4899 6.45927C10.358 6.32038 10.1948 6.25094 10.0003 6.25094C9.80588 6.25094 9.64269 6.32038 9.51074 6.45927C9.3788 6.59816 9.31283 6.76482 9.31283 6.95927C9.31283 7.15371 9.3788 7.31344 9.51074 7.43844C9.64269 7.56344 9.80588 7.62594 10.0003 7.62594ZM10.0003 18.3343C8.81977 18.3343 7.72255 18.1225 6.70866 17.6989C5.69477 17.2752 4.81283 16.6884 4.06283 15.9384C3.31283 15.1884 2.72602 14.3065 2.30241 13.2926C1.8788 12.2787 1.66699 11.1815 1.66699 10.0009C1.66699 8.83427 1.8788 7.74399 2.30241 6.7301C2.72602 5.71621 3.31283 4.83427 4.06283 4.08427C4.81283 3.33427 5.69477 2.74399 6.70866 2.31344C7.72255 1.88288 8.81977 1.6676 10.0003 1.6676C11.167 1.6676 12.2573 1.88288 13.2712 2.31344C14.285 2.74399 15.167 3.33427 15.917 4.08427C16.667 4.83427 17.2573 5.71621 17.6878 6.7301C18.1184 7.74399 18.3337 8.83427 18.3337 10.0009C18.3337 11.1815 18.1184 12.2787 17.6878 13.2926C17.2573 14.3065 16.667 15.1884 15.917 15.9384C15.167 16.6884 14.285 17.2752 13.2712 17.6989C12.2573 18.1225 11.167 18.3343 10.0003 18.3343ZM10.0003 17.0843C11.9448 17.0843 13.6114 16.3898 15.0003 15.0009C16.3892 13.612 17.0837 11.9454 17.0837 10.0009C17.0837 8.05649 16.3892 6.38982 15.0003 5.00094C13.6114 3.61205 11.9448 2.9176 10.0003 2.9176C8.05588 2.9176 6.38921 3.61205 5.00033 5.00094C3.61144 6.38982 2.91699 8.05649 2.91699 10.0009C2.91699 11.9454 3.61144 13.612 5.00033 15.0009C6.38921 16.3898 8.05588 17.0843 10.0003 17.0843Z" fill="#3960B4"></path></svg></div><div ><div class="slate-code_line">The manual below refers to the second version of the Bridge Manager which can be found at the https://bridge2.match-trade.com</div></div></div><div class="slate-code_line"></div><div class="slate-code_line"></div><p class="slate-p" placeholder="Type / for widgets"></p>

<p class="slate-p" placeholder="Type / for widgets">Bridge Manager’s dashboard is its homepage which displays the most essential information. It also enables us to refresh the bridge’s status and to remove chosen bridge from the database.</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-89.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(170, 170, 170);font-size:16px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(170, 170, 170);font-size:16px" class="slate-backgroundColor"></span></span></p><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">The information included in the table helps to determine whether the bridge fulfills its functions. Indicators in the form of green and red dots show:</span></span>
</p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">ALIVE-</strong> if the bridge is launched</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">LP</strong> – if there is a connection to the liquidity provider</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">PRICES</strong> – if the prices are being streamed through the bridge (if the client has groups created on the Match-Trade MT4/MT5 server, the light should be black)</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">TRADES</strong> – if trades are registered in the bridge</div></li></ul><p class="slate-p" placeholder="Type / for widgets">A green light indicates that the given feature is working properly.</p><p class="slate-p" placeholder="Type / for widgets">The menu placed on the left side enables to switch between bridges and the dashboard.</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-90.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

</p>

Bridge Manager’s dashboard is its homepage which displays the most essential information. It also enables us to refresh the bridge’s status and to remove chosen bridge from the database.

The information included in the table helps to determine whether the bridge fulfills its functions. Indicators in the form of green and red dots show:

A green light indicates that the given feature is working properly.

The menu placed on the left side enables to switch between bridges and the dashboard.

<p class="slate-p" placeholder="Type / for widgets">When we enter the bridge, we’re provided with a panel that allows brokers to efficiently change key settings of the <a href="https://match-trade.com/offer/bridge-mt4-mt5/" target="_blank">bridge manager</a>. This section also contains information about the bridge itself, and the LP and Broker sessions. In Bridge Details next to ‘Name’ you’d normally see the broker’s name which for presentation purposes had been cut out. LP session connects the client with liquidity providers, whereas the broker session connects the bridge with the <a href="https://www.metatrader4.com/en" target="_blank">MetaTrader</a> enabling for trades to be placed and quotes to be sent to the platform.</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/8e2a1390-653c-4c1e-8cd8-5f31bced4411.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">


</p><p class="slate-p" placeholder="Type / for widgets"></p>

When we enter the bridge, we’re provided with a panel that allows brokers to efficiently change key settings of the 

. This section also contains information about the bridge itself, and the LP and Broker sessions. In Bridge Details next to ‘Name’ you’d normally see the broker’s name which for presentation purposes had been cut out. LP session connects the client with liquidity providers, whereas the broker session connects the bridge with the 

 enabling for trades to be placed and quotes to be sent to the platform.

<p class="slate-p" placeholder="Type / for widgets">First tab in the Bridges section of Bridge Manager displays symbols as they are seen in the MetaTrader. There are several columns in this table and each of them plays a key role in the functioning of a bridge. 
At the top of the table, buttons are allow us:</p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Refresh </strong>- to refresh the contents of the table</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Download </strong>- to export all symbols visible on Broker Symbols</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Upload </strong>- to import all symbols visible on Broker Symbols (this option is disabled by default, please contact Broker Support to enable it)</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Add Symbol </strong>- to add another a particular symbol</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Restart Session</strong> - to restart the session.</div></li></ul><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/ba39ff7a-6beb-4db1-9ed9-8f5000b5ad98.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

Settings listed below can be changed by simply clicking on a symbol. After doing so, a configuration tab should appear.
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/754f5b79-164f-4936-ab29-dfb74df70d79.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Name </strong>– the name of the symbol which will be displayed in the MetaTrader platform</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Alias </strong>– it’s an alias for a symbol which allows association of the symbols in Broker session and LP session (please do not change this column)</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Enabled </strong>– this column shows which symbols are enabled to be traded and quoted in</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Bid Markup </strong>– enables us to add a markup for the bid price</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Ask Markup</strong> - enables us to add a markup for the ask price (please be informed that if you would like to add for example 1 pips of markup in BID side for EURUSD you should set 1. If you set 1, the price will increase from for example 1.13445 to 1.13446 – please take a look at the example below.)</div></li></ul><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">Here’s an example of changing BID and ASK MARKUP.</em>
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/13813203-a48f-4bdb-82b8-c12abc83a419.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
<em class="slate-italic">After applying these changes</em>:
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/d18b4966-afe5-4bee-9555-84e174f73003.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

<em class="slate-italic">It resembles in the price like this. (bid price on the left, ask price on the right)</em>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/66d54b13-7e45-4a30-9678-513fa8cc1e8f.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

<strong class="slate-bold">Coverage </strong>– shows in percent how much of the position should be hedged


<em class="slate-italic">Opening a trade after setting COVERAGE to 50</em>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/e280c575-7693-4120-97bf-ac22910c11cd.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
</p><p class="slate-p" placeholder="Type / for widgets">
50% of the position has been hedged

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/0f521530-3ac6-4152-be2e-70082a1ad677.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Precision</strong> - number of decimal places in the symbol price. This field is uneditable beacuse bridge automatically reads the precision from MT4/MT5 system.</div></li></ul><p class="slate-p" placeholder="Type / for widgets">For example: on EURUSD at this moment the price amount to 0.99801 so the precision is equal to 5 </p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Price</strong> <strong class="slate-bold">Bbook Multiplier </strong>– multiplies the BID and ASK price and SPREAD</div></li></ul><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">Original price:</em></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/7527eb6a-532e-4ed3-9049-a865d104f7db.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

<em class="slate-italic">After changing PRICE BBOOK MULTIPLIER to </em><em class="slate-italic"><strong class="slate-bold">2</strong></em></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/2cd714d4-639d-4c81-9ffd-105f64c76d8f.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Volume</strong> <strong class="slate-bold">Bbook</strong> <strong class="slate-bold">Multiplier</strong> - multiplies the volume of a placed order by the set value</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Min Spread</strong> – this option allows us to set a minimal spread for each symbol</div></li></ul><p class="slate-p" placeholder="Type / for widgets">
<em class="slate-italic">Original spread while MIN SPREAD is set to 0</em>
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/d8da566f-2d13-4427-828d-46fe6f54a9dd.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

<em class="slate-italic">After setting MIN SPREAD to </em>20000</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/516db0e0-9c62-484b-9201-eaa803b04694.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Max1</strong> <strong class="slate-bold">Spread </strong>– sets a maximum spread for the designated instrument</div></li></ul><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">Original spread while MAX1 SPREAD is set to 0</em></p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-103.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
</p><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">After setting MAX1 SPREAD to</em> 1</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-104.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Max2</strong> <strong class="slate-bold">Spread</strong> – here added value means that if spread is higher than value added in this tab, then ticks will be removed from bridge. If the spread is lower than value, feed will be quoting normally</div></li><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Bbook</strong> <strong class="slate-bold">Execution Delay [ms]</strong> – this option enables to set a delay on B-Book orders in milliseconds</div></li></ul><p class="slate-p" placeholder="Type / for widgets">




</p><p class="slate-p" placeholder="Type / for widgets">






</p>

First tab in the Bridges section of Bridge Manager displays symbols as they are seen in the MetaTrader. There are several columns in this table and each of them plays a key role in the functioning of a bridge. 
At the top of the table, buttons are allow us:



Settings listed below can be changed by simply clicking on a symbol. After doing so, a configuration tab should appear.


Here’s an example of changing BID and ASK MARKUP.

It resembles in the price like this. (bid price on the left, ask price on the right)

– shows in percent how much of the position should be hedged




Opening a trade after setting COVERAGE to 50

For example: on EURUSD at this moment the price amount to 0.99801 so the precision is equal to 5 

After changing PRICE BBOOK MULTIPLIER to 

Original spread while MIN SPREAD is set to 0

Original spread while MAX1 SPREAD is set to 0

<p class="slate-p" placeholder="Type / for widgets">LP symbols section allows to see all symbol names and their aliases which should be the same for Broker and LP symbols. It also shows us whether bid and ask are being received from the LP.
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/e57226ed-0a88-408d-a727-e9c24f119660.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">This part of bridge manager allows to refresh, add symbol, restart session and change the MULTIPLIER which results in the multiplication of volume of an order opened by a client. These settings are set up by default and it is recommended to leave them as they are. Multiplier level takes into account the difference between trades in mt4/mt5 and the hedge account.
</p><p class="slate-p" placeholder="Type / for widgets">To calculate multiplier you can use a Calculator. You should check the size on the MT4/MT5 side and the size on the LP side.</p><p class="slate-p" placeholder="Type / for widgets">
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/986aee20-b506-4c35-a57a-ca4874822740.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">You can filter a specific symbol
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/2c896ee5-f7e6-4cde-814a-0da24dc29c71.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">Do not forget to click &apos;APPLY&apos; button.</p><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">MULTIPLIER has been set to 2</em></p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-106.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

</p><p class="slate-p" placeholder="Type / for widgets"><em class="slate-italic">Changing MULTIPLIER results in an opening of this order in the hedge account</em></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/0bbdf4a1-cd16-4809-9c37-b6addc1b8af1.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">


</p>

LP symbols section allows to see all symbol names and their aliases which should be the same for Broker and LP symbols. It also shows us whether bid and ask are being received from the LP.


This part of bridge manager allows to refresh, add symbol, restart session and change the MULTIPLIER which results in the multiplication of volume of an order opened by a client. These settings are set up by default and it is recommended to leave them as they are. Multiplier level takes into account the difference between trades in mt4/mt5 and the hedge account.


To calculate multiplier you can use a Calculator. You should check the size on the MT4/MT5 side and the size on the LP side.

Changing MULTIPLIER results in an opening of this order in the hedge account

<p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets">This part of the Bridge Manager allows brokers to set A-Book rules, coverage rules, price improvement rules, SL/TP rules and delay execution.</p><p class="slate-p" placeholder="Type / for widgets">

</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2021/12/image-113.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

</p><h3 class="slate-h3"><strong class="slate-bold">ABOOK RULES
</strong>In ABook rules, broker can specify which groups they&apos;d like to hedge. Furthermore, rules can be set for a particular account or instrument. Once a rule is created, it has to be confirmed by clicking the &apos;Activate Changes&quot; button.</h3><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/f915a365-c782-4ecb-8eb2-99b217c8cb62.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><h3 class="slate-h3"><strong class="slate-bold">COVERAGE RULES</strong>
In coverage rules brokers can modify the scale on which they&apos;d like to hedge a group, instrument, or account. They can cover trades 1:1 by inputting 100% or set it differently at their own discretion.</h3><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets">For example:</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/bd8f19d8-2afc-4e7c-a7df-d47e4571f0ec.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets">
In this situation coverage percent has been set to 50%, which will result in the hedging of 50% of all orders opened by A-book clients. As an example we will use a 1 lot SELL order on AUDCAD opened by a client in the MetaTrader.

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/35bc7a84-3299-4c76-aaed-7a625445abdc.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

The set coverage rule means that of 1 lot opened by the client, 50% will be hedged. Therefore, on the hedge account we&apos;ll see a SELL trade for 0.5 lot.


</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/3fa33aca-45e0-43f8-a266-52459d00ef06.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

Another option available in the Coverage Rules section is COVERAGE WEIGHT. This function enables us to set a kind of hierarchy at which the rules are applied. The higher the weight the higher the hierarchy. For example, configuration shown on the below screenshot means that the rule with a coverage weight of <strong class="slate-bold">1</strong> will be read before the one with a coverage weight of <strong class="slate-bold">0</strong>, meaning that trading account <strong class="slate-bold">7418631</strong> will be covered in <strong class="slate-bold">150%</strong> and the rest of the A-Book accounts will be covered in <strong class="slate-bold">100%</strong>.

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/3731a8f7-cb61-4c4b-b10c-d66eb9a38419.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
</p><p class="slate-p" placeholder="Type / for widgets">
An additional tool that helps in managing coverage rules is the drag&amp;drop feature. It allows you to arrange the rules however you like. Remember that the rules are activated sequentially from the top!
</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2023/09/drag-and-drop-1024x315.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">After changes, just click ACTIVE CHANGES button.
</p><h2 class="slate-h2">
Reverse Hedging</h2><p class="slate-p" placeholder="Type / for widgets">There is also a possibility to do reverse hedging on the bridge. This means that you can hedge in the opposite direction at any percentage. For example, in the example below, Rule -100 means that all positions for the account will be opened in the opposite direction on the hedge account: MT4 account opens 1 lot BUY EURUSD -&gt; 1 lot SELL EURUSD will be opened on the hedge account.

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/512467d8-4b6b-4c9a-b0de-537cae725399.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/6554d7d9-3071-4173-ad01-ff16745057ee.jpg" alt=""/></div><h3 class="slate-h3"><strong class="slate-bold">PRICE IMPROVEMENT RULES
</strong>This option allows a broker to set a rule stating that when price changes in favor of the broker, he&apos;ll get a better price on the hedge account than the client on the platform.
</h3><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/4d492832-5760-4033-b38e-1285702399ac.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><h3 class="slate-h3">
<strong class="slate-bold">SL/TP RULES
</strong>This option allows us to set a rule that guarantees clients the Stop-Loss or Take-Profit that they had set (without any slippage). It&apos;s important to bear in mind that this rule can be only applied to the B-Book clients.</h3><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/faa468dc-0f82-4dbb-9ee5-4422a7fcb34b.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><h3 class="slate-h3">
<strong class="slate-bold">DELAY EXECUTION RULES
</strong>This option allows brokers to set a delay for a particular instrument, group or account. Values of the set delay are in milliseconds (0.001 sec).</h3><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/419f6213-cb24-4bb8-84e6-b948c52a7fcb.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/0b8bc93c-9ac7-48ae-8fa2-2e7585534704.jpg" alt=""/></div><h3 class="slate-h3">
<strong class="slate-bold">EXPOSURE RULES
</strong>
This option allows setting an email notification for Broker based on volume, profit, or exposure.</h3><p class="slate-p" placeholder="Type / for widgets">The exposure for each symbol is calculated in quote currency, so that means combining <strong class="slate-bold">symbols that are quoted in other currencies is mistaken and not recommended.</strong></p><p class="slate-p" placeholder="Type / for widgets">
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/d8a4d92a-4aae-4ee5-95cf-1677e8f13a62.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

There are 3 types of available rules type:
</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Exposure </strong>– the email will be sent if the exposure of the specific group or client is<strong class="slate-bold"> :</strong></p><p class="slate-p" placeholder="Type / for widgets">-Above, Above and Equals, Below and Below and Equals specified Value</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Profit </strong>– the email will be sent if the profit of the specific group or client is<strong class="slate-bold"> :</strong></p><p class="slate-p" placeholder="Type / for widgets">-Above, Above and Equals, Below and Below and Equals specified Value</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Volume in lots </strong>– the email will be sent if the positions volume of the specific group or client is<strong class="slate-bold"> :</strong></p><p class="slate-p" placeholder="Type / for widgets">-Above, Above and Equals, Below and Below and Equals specified Value</p><p class="slate-p" placeholder="Type / for widgets">
</p><div style="text-align:left"> <img src="https://docs.match-trade.com/wp-content/uploads/2023/01/image-11.png" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">


Mail notification is sent once an hour if the rule is fulfilled.</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/b609fd9f-9dd7-472d-a98e-a6c47c24fb2b.jpg" alt=""/></div><h3 class="slate-h3">

<strong class="slate-bold">RULE SCHEDULER</strong>

It allows Broker to set rules that will apply to specific instruments during a specific time. Rules automatically activate in the specified time range. </h3><p class="slate-p" placeholder="Type / for widgets">Rules can not conflict with each other, there is no possibility to set a few rules that will contain the same symbols with different settings at the same time.</p><p class="slate-p" placeholder="Type / for widgets">Values set in the Rules Scheduler do not change values in Broker Symbols.</p><p class="slate-p" placeholder="Type / for widgets">Time settings are in UTC Time Zone</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/f2c574ac-fc1d-4855-aba8-d1cad9108d07.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">

There is a possibility to set Markup, B-book Execution Delay and also Minimum and Maximum Spread.

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/4180a6c3-6534-41d1-b1f8-8156b0f77248.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">




</p><p class="slate-p" placeholder="Type / for widgets"></p>

This part of the Bridge Manager allows brokers to set A-Book rules, coverage rules, price improvement rules, SL/TP rules and delay execution.

In ABook rules, broker can specify which groups they'd like to hedge. Furthermore, rules can be set for a particular account or instrument. Once a rule is created, it has to be confirmed by clicking the 'Activate Changes" button.


In coverage rules brokers can modify the scale on which they'd like to hedge a group, instrument, or account. They can cover trades 1:1 by inputting 100% or set it differently at their own discretion.


In this situation coverage percent has been set to 50%, which will result in the hedging of 50% of all orders opened by A-book clients. As an example we will use a 1 lot SELL order on AUDCAD opened by a client in the MetaTrader.





The set coverage rule means that of 1 lot opened by the client, 50% will be hedged. Therefore, on the hedge account we'll see a SELL trade for 0.5 lot.






Another option available in the Coverage Rules section is COVERAGE WEIGHT. This function enables us to set a kind of hierarchy at which the rules are applied. The higher the weight the higher the hierarchy. For example, configuration shown on the below screenshot means that the rule with a coverage weight of 

 will be read before the one with a coverage weight of 

 and the rest of the A-Book accounts will be covered in 


An additional tool that helps in managing coverage rules is the drag&drop feature. It allows you to arrange the rules however you like. Remember that the rules are activated sequentially from the top!


After changes, just click ACTIVE CHANGES button.


There is also a possibility to do reverse hedging on the bridge. This means that you can hedge in the opposite direction at any percentage. For example, in the example below, Rule -100 means that all positions for the account will be opened in the opposite direction on the hedge account: MT4 account opens 1 lot BUY EURUSD -> 1 lot SELL EURUSD will be opened on the hedge account.



This option allows a broker to set a rule stating that when price changes in favor of the broker, he'll get a better price on the hedge account than the client on the platform.


This option allows us to set a rule that guarantees clients the Stop-Loss or Take-Profit that they had set (without any slippage). It's important to bear in mind that this rule can be only applied to the B-Book clients.

This option allows brokers to set a delay for a particular instrument, group or account. Values of the set delay are in milliseconds (0.001 sec).


This option allows setting an email notification for Broker based on volume, profit, or exposure.

The exposure for each symbol is calculated in quote currency, so that means combining 

symbols that are quoted in other currencies is mistaken and not recommended.



There are 3 types of available rules type:


– the email will be sent if the exposure of the specific group or client is

-Above, Above and Equals, Below and Below and Equals specified Value

– the email will be sent if the profit of the specific group or client is

– the email will be sent if the positions volume of the specific group or client is




Mail notification is sent once an hour if the rule is fulfilled.



It allows Broker to set rules that will apply to specific instruments during a specific time. Rules automatically activate in the specified time range. 

Rules can not conflict with each other, there is no possibility to set a few rules that will contain the same symbols with different settings at the same time.

Values set in the Rules Scheduler do not change values in Broker Symbols.



There is a possibility to set Markup, B-book Execution Delay and also Minimum and Maximum Spread.



<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">This part of the Bridge Manager allows brokers to look into the logs of a bridge.</span></span>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/a9da8b15-6416-4d3f-b6ce-0f44f93b5e2c.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">Changing between log levels changes the criteria of the messages displayed in the current logs section. There is a possibility of showing Full FIX Trade, Trade, Debug, Info and Warning/Errors depending on clients’ needs.</span></span>

</p>

This part of the Bridge Manager allows brokers to look into the logs of a bridge.

Changing between log levels changes the criteria of the messages displayed in the current logs section. There is a possibility of showing Full FIX Trade, Trade, Debug, Info and Warning/Errors depending on clients’ needs.

<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">This part of the Bridge Manager allows us to search for log messages whenever there’s a need to investigate something.</span></span>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/8b2b3f6f-f7cd-4a28-8117-277717ed69ab.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">Logs can also be searched for any text message we’d like to find.</span></span>

</p><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/d215a1a3-6167-48cb-be8a-d2384735f5a0.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

This part of the Bridge Manager allows us to search for log messages whenever there’s a need to investigate something.

Logs can also be searched for any text message we’d like to find.

<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">This part of the Bridge Manager let us search for log messages. Here you can find information for example about hedged orders that are sent to hedge account and logs containing information about the client’s transfer between A-Book and B-Book groups.</span></span>

</p><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/85541036-58f4-4395-80ae-38e08d80393d.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

This part of the Bridge Manager let us search for log messages. Here you can find information for example about hedged orders that are sent to hedge account and logs containing information about the client’s transfer between A-Book and B-Book groups.

<p class="slate-p" placeholder="Type / for widgets">In this part of the logs, you can find information related to the hedge monitor.</p><p class="slate-p" placeholder="Type / for widgets">You can search for information about:</p><p class="slate-p" placeholder="Type / for widgets">·         Turning on/off the Auto Hedge option</p><p class="slate-p" placeholder="Type / for widgets">·         Discrepancies between A-book clients and hedge account</p><p class="slate-p" placeholder="Type / for widgets">·         Adjustment of the discrepancies</p><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/b8201092-e7a7-43d5-b539-2759b0ba4ce8.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

In this part of the logs, you can find information related to the hedge monitor.

·         Turning on/off the Auto Hedge option

·         Discrepancies between A-book clients and hedge account

·         Adjustment of the discrepancies

<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">In ‘Reports’ tab you will find the hedging reports tool. You will find there the detailed information about transactions and profitability. After entering the ‘Reports’ the three different tabs will be available:</span></span>

</p><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Detailed Hedging</strong>
It is the tab where you will find all aggregated information from the reports including details about price, symbols, commission, markups, etc.

<strong class="slate-bold">Column explanation</strong></div><ul class="slate-ul"><li class="slate-li"><div style="position:relative">Execution time- the column contains about specific time of the transaction</div></li><li class="slate-li"><div style="position:relative">Execution ID- ID of the transaction</div></li><li class="slate-li"><div style="position:relative">B-book- this column define, if the client was in B-book or A-book</div></li><li class="slate-li"><div style="position:relative">LP Name- name of the liquidity provider</div></li><li class="slate-li"><div style="position:relative">LP Symbol- name of the symbol that have been traded.</div></li><li class="slate-li"><div style="position:relative">LP Side- side of the transaction (BUY/SELL)</div></li><li class="slate-li"><div style="position:relative">LP REQ. PRICE- price level in the moment of sending request</div></li><li class="slate-li"><div style="position:relative">LP Price- price level in the moment of submitting the request</div></li><li class="slate-li"><div style="position:relative">LP Slippage- the difference between the price in the moment of sending request and the execution</div></li><li class="slate-li"><div style="position:relative">Execution Volume- the volume of the position</div></li><li class="slate-li"><div style="position:relative">Native Exec. Volume- volume of the position in lots</div></li><li class="slate-li"><div style="position:relative">Coverage %- coverage of the positio in percents. 0-100% of the position</div></li><li class="slate-li"><div style="position:relative">Total Markup- the profit on markup. Markup on price</div></li><li class="slate-li"><div style="position:relative">Markup USD- the profit on markup in USD</div></li><li class="slate-li"><div style="position:relative">LP Commission USD- value of the commission on behalf of LP</div></li><li class="slate-li"><div style="position:relative">Executed in Client System- tells if the position was opened through the client’s trading system</div></li><li class="slate-li"><div style="position:relative">LP Order- id of the LP’s order</div></li><li class="slate-li"><div style="position:relative">LP Req. Time- date and time when LP request have been sent</div></li><li class="slate-li"><div style="position:relative">Exec. duration- latency in regard of Execution time in ms.</div></li><li class="slate-li"><div style="position:relative">Broker Name- name of the broker</div></li><li class="slate-li"><div style="position:relative">Order ID- ID of the order in trading client’s system</div></li><li class="slate-li"><div style="position:relative">Symbol- name of traded symbol in the client’s trading system</div></li><li class="slate-li"><div style="position:relative">Client Qty- volume of the position in the client’s trading system</div></li><li class="slate-li"><div style="position:relative">Client Order Side- side of the position (BUY/SELL)</div></li><li class="slate-li"><div style="position:relative">Final LP Price- final market price + markup</div></li><li class="slate-li"><div style="position:relative">Client Execution Price- final price of the order in client’s trading system</div></li><li class="slate-li"><div style="position:relative">Pr. Imp. Markup- price improvement rules- if the price on LP side is better than the price in MT4/MT5, it will be opened with the MT4/MT5 price anyway</div></li><li class="slate-li"><div style="position:relative">Pr. Imp. Markup Profit USD- the favour of the price inmprovement rule in USD</div></li><li class="slate-li"><div style="position:relative">Client Commission USD- commission set in the client’s trading system. If this field is empty, position could be still open</div></li><li class="slate-li"><div style="position:relative">Broker Profit- difference between the LP open price and open price in broker’s system</div></li><li class="slate-li"><div style="position:relative">Client Login- client’s login from broker’s trading system</div></li><li class="slate-li"><div style="position:relative">Client Group- group of the client from the broker’s trading system</div></li><li class="slate-li"><div style="position:relative">Client Order Date- date of the client’s order</div></li><li class="slate-li"><div style="position:relative">Client Comment- tells about type of the position</div></li><li class="slate-li"><div style="position:relative">Client Error Message- in case of some issue, the error will be visible here</div></li></ul></li></ul><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Single Trades Profitability</strong>
Second one is <em class="slate-italic">“Single Trades Profitability”</em>, which calculates profits from trade open and close separately. It may be confusing as some of the trades have been opened, but haven’t been closed yet, so it is better to stick with <em class="slate-italic">“Closed Trades Profitability”</em> as it is more transparent. The explanation of the columns you will find below.</div></li></ul><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"></p><ul class="slate-ul"><li class="slate-li"><div style="position:relative"><strong class="slate-bold">Closed Trades Profitability</strong>
The last column <em class="slate-italic">“Closed Trades Profitability”</em> is crucial for Broker because it is showing what is the total profitability of trade which is hedged. If value is in minus, it means that Broker is paying more fees than he is receiving profits per trade from his clients. To change this value he should increase markups in his clients group or add commission. To better calculate the exact value which should be added in markups/commission <em class="slate-italic">“Markup</em> <em class="slate-italic">Calculator”</em> can be helpful for managing values. Support is adding such a calculator in <em class="slate-italic">“Starting Pack” </em>but if something is missed please contact them via Skype or Mail.</div></li></ul><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/dd04f6a1-ab22-4954-9820-079ee22a5fb8.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><strong class="slate-bold">Column explanation</strong></p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Client Login </strong>– Login number of a trading account in MT4/MT5</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Order ID </strong>– Number of the trade order</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Client Group Name </strong>– Group where the trading account is located</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Execution Time </strong>– Time at which the trade was executed</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Symbol </strong>– Symbol traded</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Client Order Side </strong>– Type of an order, sell or buy</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">LP Price </strong>– Price at which trade was executed</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Native Exec Vol</strong>. – Volume of a trade that was executed</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Total Markup </strong>– Markup given in points</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Markup USD </strong>– Markup given in USD</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Client Commission USD </strong>– Commission that was paid by the client in the MT4/MT5</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">LP Commission USD </strong>– Commission that was paid by the Broker to the liquidity provider</p><p class="slate-p" placeholder="Type / for widgets">·         <strong class="slate-bold">Broker Profit</strong> – Summarized profit of the Broker of a single trade</p><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets">Using and analyzing Reports tab is the best and easiest way to monitor and calculate profit from Broker. If Broker will move clients between his b-book and a-book groups, calculations can be incomplete if Broker would want to compare total value from hedge account with his a-book clients.</p><p class="slate-p" placeholder="Type / for widgets">



</p>

In ‘Reports’ tab you will find the hedging reports tool. You will find there the detailed information about transactions and profitability. After entering the ‘Reports’ the three different tabs will be available:

– Login number of a trading account in MT4/MT5

– Group where the trading account is located

. – Volume of a trade that was executed

– Commission that was paid by the client in the MT4/MT5

– Commission that was paid by the Broker to the liquidity provider

 – Summarized profit of the Broker of a single trade

Using and analyzing Reports tab is the best and easiest way to monitor and calculate profit from Broker. If Broker will move clients between his b-book and a-book groups, calculations can be incomplete if Broker would want to compare total value from hedge account with his a-book clients.

<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">This part of Bridge Manager allows us to check order books for particular instrument. Furthermore brokers can check whether the bridge receives quotes from the Liquidity Provider’s side (LP) and whether they’re being send to the platform (BROKER).</span></span>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/6a01b379-0ba4-4a4e-8cea-bd0b5821123e.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">To set which order books we’d like to see, we need to click the </span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"><strong style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-bold">‘Selected</strong></span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"> </span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"><strong style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-bold">Symbols’</strong></span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"> button and specify which instruments from which side we’d like to monitor.</span></span>

</p><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/5d6f9197-ac2b-4c49-a48b-f3180d7fa4ed.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

This part of Bridge Manager allows us to check order books for particular instrument. Furthermore brokers can check whether the bridge receives quotes from the Liquidity Provider’s side (LP) and whether they’re being send to the platform (BROKER).

To set which order books we’d like to see, we need to click the 

 button and specify which instruments from which side we’d like to monitor.

<p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">This part of Bridge Manager gives us an option to monitor the received quotes.</span></span>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/f8ecd558-0171-4c95-bb24-b737e981d0c1.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">Just like with the Market Depth, brokers can set the view at their own discretion.</span></span>
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/2b114b59-02a6-4f49-b3b8-2218d626a7e6.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
<span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor">In </span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"><strong style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-bold">‘Edit Instruments’</strong></span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"> section, brokers can set an interval for every instrument. If price doesn’t update after that time, instrument will be lit up in red in </span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"><strong style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-bold">‘Last Update’</strong></span></span><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:15px" class="slate-backgroundColor"> column.</span></span>

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/7c318b18-84b6-4009-a22f-5066c9379f5d.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

This part of Bridge Manager gives us an option to monitor the received quotes.

Just like with the Market Depth, brokers can set the view at their own discretion.

 section, brokers can set an interval for every instrument. If price doesn’t update after that time, instrument will be lit up in red in 

<p class="slate-p" placeholder="Type / for widgets">This part of the Bridge Manager allows us to check broker’s statistics.</p><p class="slate-p" placeholder="Type / for widgets">Brokers have an insight into the:                                   </p><ul class="slate-ul"><li class="slate-li"><div style="position:relative">Number of clients, comparison A-Book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Volume of trades, comparison A-Book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Number of trades, comparison A-Book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Number of trades on A-Book</div></li><li class="slate-li"><div style="position:relative">Number of trades on B-Book</div></li><li class="slate-li"><div style="position:relative">Revenue A-Book Summary (Profit from A-book clients including commissions paid to LP)</div></li><li class="slate-li"><div style="position:relative">Client Allocation Trends, comparison A-book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Volume Trends, comparison A-Book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Trade Trends, comparison A-Book vs B-Book</div></li><li class="slate-li"><div style="position:relative">Open Positions in Lots (it shows only 6 symbols with the biggest value, the rest are “others”)</div></li><li class="slate-li"><div style="position:relative">Turnover</div></li><li class="slate-li"><div style="position:relative">A-Book Revenue per million -Profit from A-book clients (Markups + Commission – LP Commission divided per million turnover)</div></li></ul><p class="slate-p" placeholder="Type / for widgets"><strong class="slate-bold">Volume and Turnover</strong> statistics are calculated separataly per order side (for Buy and Sell)</p><p class="slate-p" placeholder="Type / for widgets">
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/6266d954-417f-4c6f-b926-448fd65a10ee.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets">
</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/5ce278ba-fe0c-42d2-991b-f2b623be2f2e.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/79886cd4-ca63-41dd-9db7-4174380ef85f.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/fd1d0075-696c-49b8-9fcd-b0f391e72cb8.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

This part of the Bridge Manager allows us to check broker’s statistics.

Brokers have an insight into the:                                   

 statistics are calculated separataly per order side (for Buy and Sell)

<p class="slate-p" placeholder="Type / for widgets">In this tab you will find infomation about your exposure. Such like:</p><ul class="slate-ul"><li class="slate-li"><div style="position:relative">Buy volumes by symbol</div></li><li class="slate-li"><div style="position:relative">Profit by symbol</div></li><li class="slate-li"><div style="position:relative">Sell volumes by symbol</div></li><li class="slate-li"><div style="position:relative">Loss by symbol
</div></li></ul><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/dec73daa-1ad4-4194-a5f0-0d3980336c78.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><p class="slate-p" placeholder="Type / for widgets">Below, you can find an detailed information about current exposure on A-book and B-book.<span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:16px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:16px" class="slate-backgroundColor">
</span></span></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/af44575b-46af-4ace-aba7-dc6da2202c62.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:16px" class="slate-color"><span style="background-color:rgb(255, 255, 255);color:rgb(8, 8, 34);font-size:16px" class="slate-backgroundColor">

</span></span></p>

In this tab you will find infomation about your exposure. Such like:

Below, you can find an detailed information about current exposure on A-book and B-book.

<p class="slate-p" placeholder="Type / for widgets">Hedge Monitor allows us to check information about the volume of transactions on A-Book and the Hedge account. You can display the informaton in <strong class="slate-bold">Lots or Units</strong> (lot x contract size). This is a very important section as for 100% efficiency, volume on A-Book and Hedge should be exactly the same. If the volumes are different, it is probably due to the trades that were opened manually in the hedge account, moving accounts between A-Book and B-Book groups, or because of improper instrument’s parameters. In case such discrepancies take place, our Support team is there to help.</p><p class="slate-p" placeholder="Type / for widgets">A-Book table is a summary of volume and Profit/Loos on A-book.</p><p class="slate-p" placeholder="Type / for widgets">B-Book table is a summary of volume and Profit/Loss on B-Book.</p><p class="slate-p" placeholder="Type / for widgets">· <strong class="slate-bold">Auto Hedge Option </strong>– if there is a discrepancy between A-Book Clients and Hedge account, it will automatically adjust the discrepancy. The same discrepancy must occur 5 times and then it is adjusted, by default it’s one check every 5 minutes.</p><p class="slate-p" placeholder="Type / for widgets">· <strong class="slate-bold">Manual Adjust</strong>– if there is a discrepancy between A-Book Clients and Hedge account you can click on “Adjust” button to adjust the discrepancy.</p><p class="slate-p" placeholder="Type / for widgets">· <strong class="slate-bold">Hedge Button in B-book Table</strong>– adds a new A-book rule to hedge (If you hedge clients with open positions please remember about opening positions on hedge account on these instruments manually or turn on Auto Hedge on your bridge.)</p><p class="slate-p" placeholder="Type / for widgets">

</p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/1e0b238d-cf21-408c-a9ad-bc69c3fdf199.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p><div style="text-align:left"> <img src="https://theneo-prod-public.s3.us-east-1.amazonaws.com/2070ef06-e5e7-4c86-9343-46e8eb84580b.jpg" alt=""/></div><p class="slate-p" placeholder="Type / for widgets"></p>

Hedge Monitor allows us to check information about the volume of transactions on A-Book and the Hedge account. You can display the informaton in 

 (lot x contract size). This is a very important section as for 100% efficiency, volume on A-Book and Hedge should be exactly the same. If the volumes are different, it is probably due to the trades that were opened manually in the hedge account, moving accounts between A-Book and B-Book groups, or because of improper instrument’s parameters. In case such discrepancies take place, our Support team is there to help.

A-Book table is a summary of volume and Profit/Loos on A-book.

B-Book table is a summary of volume and Profit/Loss on B-Book.

– if there is a discrepancy between A-Book Clients and Hedge account, it will automatically adjust the discrepancy. The same discrepancy must occur 5 times and then it is adjusted, by default it’s one check every 5 minutes.

– if there is a discrepancy between A-Book Clients and Hedge account you can click on “Adjust” button to adjust the discrepancy.

– adds a new A-book rule to hedge (If you hedge clients with open positions please remember about opening positions on hedge account on these instruments manually or turn on Auto Hedge on your bridge.)

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