Called the STP trading patterns, StraightThroughProcessing, Chinese mean straight-through processing system.
It is to send all the customer’s orders directly to the real place for real transaction, without having to run them through the trading desk. The advantage of this mode is that the orders can avoid unnecessary delay.
Some STP brokers have only one circulation provider, while others have several.
The buy/quoted by each liquidity provider is different.
The dealer will choose the best price.
The greater the number of liquidity providers, the better the liquidity, and the smoother the order fulfillment.
Investors using STP platform can see the real-time market price and execute the order immediately without the intervention of processing platform, which is the meaning of straight-through STP processing.
The biggest advantage of STP model is that brokers will not intervene in the transactions of investors, and can protect the interests of investors to a great extent, because in this model, investors’ orders are directly transacted in the market.
In short, in STP mode, the market is the leader, and all the quotations are from the market, which can ensure the fairness of customer participation.
The disadvantage is that when the market volatility is more drastic, the volatility will be larger, then the list may appear suspended.
Indicates that the order has been executed but still remains in the listing window waiting for the bank transaction system to match the transaction.
The New Year will be the market holiday, the Fed is about to start trimming.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
