Users can execute using a range of algorithms provided by our expert liquidity providers. An algo execution may be the best way to execute a large trade, without leaving a footprint in the market that moves the price against you during the execution process.
You can request a price from several T3FX market makers, on a Request for Quote (RFQ) basis. T3FX can configure pricing logic within the platform to choose your own designated market making counterparties or provide a range of competitive pricing based on CCY and amount to be traded.
Requests for Price are best used when the market has either reached your desired price level, or some constraints mean you wish to execute your trade and move to settlement.
T3FX allows you to enter Bid or Offer limit orders away from the current market price in our Central Limit Order Book (CLOB). Bids and Offers are ideal for participants who wish to show a firm commitment to the market at a certain level, and to have the T3FX CLOB watch your order during the trading session.
A user can split a large quantity into smaller orders submitted at a different price level or submit single full amount order at the specified level. Bids and offers can also be set within the current price, where they may be taken up instantly by active liquidity providers and market makers on T3FX.