Your Bourse, a leading trade execution technology company, released Scheduler, a top-grade risk management tool that provides flexibility for brokers looking to optimise their risk management strategies in 2022.
With Your Bourse, brokers can schedule automatic changes in risk management settings for different periods of time. The changes can also be triggered by certain market events thus allowing brokers to more effectively manage any execution parameters such as markups, spreads, routing rules, volume increments and many more. For example, brokers can automate adding markups to some trading instruments for a period of extreme market volatility, i.e. news announcements or other planned market events. The unparalleled platform functionality outperforms other risk management solutions available on the market and helps brokers manage execution across all asset classes and multiple liquidity providers automatically.
Andrey Vedikhin, Founder and CEO/CTO Your Bourse, commented, “We noticed that market trends in 2022 include brokers managing their risk more closely and looking to make more informed decisions and act immediately upon them. Your Bourse’s scheduler complements the company’s existing data analytics tools, so brokers can perform analysis of their historical data to adjust their risk management strategies for future events and therefore support their goals to drive profitability.”
The enhancements to Your Bourse’s Platform-as-a-Service allow brokers to optimise trade execution and easily manage market exposure risk including force major events such as a liquidity provider downtime by automatically switching price feed to other liquidity providers, all configurable through one of the most user-friendly platforms for the financial market.