No Dealing Desk: Speed, Transparency, Innovation
Open trading without a dealer: direct access to liquidity, competitive prices and fair execution without conflicts of interest. The No Dealing Desk model combines technology and finance, creating an optimal trading experience.
Regulated brokerage company. Risk disclosure — before starting trading, carefully read the document.
Instant Execution
< 10 ms
Transparent Pricing
No conflicts
Direct Access
To liquidity
Best Prices
Aggregated
Liquidity Aggregation
No Dealing Desk Advantages
A world of efficiency, transparency and innovation — execution you can trust.
Real-time order execution stream in our NDD system showing transparent price discovery and execution quality
| Time | Symbol | Side | Volume | LP Source | Latency | Fill Rate | Status |
|---|---|---|---|---|---|---|---|
| 10:32:25.520 | EUR/USD | BUY | 1.50M | Atlas Composite | 8ms | 99.8% | FILLED |
| 10:32:24.520 | GBP/USD | SELL | 750K | WallStreet DMM Core | 12ms | 99.7% | FILLED |
| 10:32:23.520 | USD/JPY | BUY | 2.00M | Spire Low-Latency NY | 6ms | 99.9% | FILLED |
| 10:32:22.520 | EUR/GBP | SELL | 500K | Systematica London Alpha | 15ms | 99.6% | FILLED |
| 10:32:21.520 | AUD/USD | BUY | 1.25M | Skyline Quant Chicago | 9ms | 99.8% | FILLED |
| 10:32:20.520 | USD/CAD | SELL | 800K | Atlas Composite | 11ms | 99.7% | FILLED |
Account Types and Conditions
Choose liquidity access for your strategy — from arbitrage and API to classic trading.
Best prices from multiple streams in real-time.
Combined liquidity for API/HFT.
World-class ECN liquidity.
Challenges → How We Solve Them
We address key objections about No Dealing Desk complexity with proven solutions
Technical Integrations
Problem:
Setting up complex integrations between broker systems and liquidity providers
Our Solution:
Fault-tolerant FIX sessions 4.4/5.0, MT5 bridge, LP pool connectors. Stream normalization, auto-reconnection, 24/7 monitoring
Time and Costs
Problem:
Connection requires time and budget
Our Solution:
Pre-configured infrastructure and proven playbooks. Fast onboarding without downtime
Contracts and Legal Aspects
Problem:
Negotiations and agreements with LPs are long and complex
Our Solution:
Framework agreements with counterparties, regulatory compliance, compliance team support
Technical Support
Problem:
Risk of downtime and incidents
Our Solution:
NOC/DevOps 24/5 with 24/7 critical duty, SLA on incidents, execution quality reports
Technology: Trading Gateways & Price Aggregation
Demonstrating technological depth of No Dealing Desk and our competencies
Trading Gateway Production
We design gateways for high loads: low latency, high reliability, error-free data transmission. Active-Active cluster, load balancing, automatic failover, unified execution journal.
Speed and Reliability: Colocation in specialized data centers, PTP time synchronization, latency control, surge protection (circuit breakers), continuous health checks.
Price Aggregation & Distribution
We collect quote streams from multiple LPs, normalize, filter outliers, form BBO and order book depth. Smart Order Router considers price, available volume, historical markouts, last look rejection probability, stream stability — to reduce slippage and ensure fair pricing.
Data Flow Architecture
Financial Strategy for Long-term Success
Understanding the business benefits of No Dealing Desk model over time
Adjust parameters to see potential benefits
Client side
Estimated monthly execution saving
Broker side
Indicative sustainable revenue uplift (YoY)
Time view
12-month impact
Cumulative growth
Not investment advice; results depend on market conditions and strategy
Latest News & Insights
Stay updated with market developments and our expertise
Composite Liquidity strengthens coverage with new flow connections
We have expanded the liquidity pool within Composite Liquidity by connecting additional banking and non-banking sources. This helps maintain tight spreads and improve the probability of full execution during increased volatility.
Last look transparency — industry focus and our algorithms
Industry trend is increasing transparency of last look parameters and rejections. Our SOR considers rejection statistics and delays of each LP when choosing routes.
FIX API sandbox for developers — faster to production integration
We launched an updated sandbox for FIX API with detailed logs and control scenarios. Engineers can test routing logic and fault tolerance before going to production.
FAQ — No Dealing Desk
Answers to common questions about No Dealing Desk trading
Need Integration Consultation?
Our team will answer questions about integration, conditions and onboarding process.