Straight-through processing (STP)
An execution model in which the broker passes orders on to liquidity providers rather than taking the other side itself.
Related terms
ECN broker
A broker that routes orders to an electronic network of liquidity…
Market maker
A broker or bank that quotes both a bid and an ask and takes the…
Balance
Your account value from closed trades, deposits and withdrawals,…
Broker
The firm that gives you access to the market, holds your funds and…
Cent account
An account denominated in cents, so balances and lot values are…
Commission
A fixed fee per lot charged by some account types, usually…