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Order-matching exchange function (trading between local traders) to avoid broker fees

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  • First Post: Aug 6, 2010 6:09am Aug 6, 2010 6:09am
  •  davidleekiev
  • | Joined Mar 2010 | Status: Member | 39 Posts
I saw one platform developer planning to implement this on their forum. Does anyone know anything about this, how it should work, and whether any other platforms offer this functionality?

They say they are going to add order matching within the platform,
so traders will be able to benefit from trading between each others with better pricing if available, otherwise orders will go to external clearing house.
They are welcome any suggestions on this!

"Market orders execution will be based on best prices in Market Depth, which includes current orders form external routes + local orders from traders(limits and stops).
Brokers will have better prices conditions to their clients(tighter spreads), save commissions and increase execution time."
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