Why NoaFX? > Why NoaFX? > Liquidity
NoaFX aggregates liquidity through its various partners and liquidity providers, "centralizing" them into one pool. We obtain liquidity from over 120 liqudiity providers, over 4 aggregators, resulting in a massive depth of liquidity available at all times. These include banks, funds, portals and Electronic Communication Networks (ECNs).This way, the orders can be matched in parallel and don't suffer from "last look" obsolete values, which then result in requotes as the order cannot be cleared at the same price offered before, especially during volatile, fast moving market conditions.
NoaFX has numerous liquidity providers and orderbooks that it aggregates orders from. To make distribution of orders and "order matching" far more efficient, the various pools of liquidity are categorized on a combination of conditions and complex algorithms based on market conditions, trading parameters and variables.
For example, the pools may be categorized by:
At times, it could be a combination of conditional rulesets to ensure the most efficient and cost effective way of clearing your order.
During liquid market conditions, we have ready access of approximately 15 levels of such pools of market depth for clearing your orders.
Try us once to clear your orders and you will experience the difference. It is just different! NoaFX Liquidity Edge.
The NoaFX liquidity pool allows you to,
With every single order under our clearance engine, which is transparent and categorically routed for the best matching conditions, almost every order is matched instantaneously. This also ensures that no other liquidity provider has an unfair advantage in pricing or clearing their orders and we are never subjected to erratic/inefficient demands. We are statistically able to clear 95% of our orders with no requotes!
With our innovative order clearance engine and continued expansion of diverse and multi-liquidity/instrument based providers, we are able to attract more liquidity providers to work with us. This engages a healthy organic growing cycle where more providers who come together to clear their orders also provide more liquidity to match their orders.
Our performance page shows that more than 90% of our orders are cleared within 15ms and we strive to clear more orders faster!
Since all the prices are set by the traders, we provide a perfectly efficient trading environment by encouraging free market movements, matching your order and clearing them via our exchange. Therefore, there is no manipulation or broker intervention possible. This is a level playing ground where all orders are treated the same
Your order isn't just a piece of contract to be cleared with a price and a contract size. It also comes with its "behavioural habits", according to pre-defined order rules, such as frequency of trades, order adjustments, partial order closes etc. These additional "habits" allow us to intelligently clear the orders via the best channels which also accommodate such "habits".
As such, we do not just worry about the initial acceptance, but we follow through the entire life cycle of the order based on your trading behaviour for a superior experience from start to finish.
As fund managers ourselves, we need to open large orders to hedge multiple smaller positions or clear large positions over a long term positional trade, so we know the absolute necessity of clearing bulk orders seamlessly.
Again, using our SOR and algorithm based order clearance engine, we are always able to keep a tab on the "Maximum Threshold Range" (MTR). This allows us to know how big an order we can clear at any one time. Should your order surpass our range, our clearance engine distributes your order into sizes "most effectively" cleared and maintains a trail of them over its entire life cycle.
In other words, your 1,000 lot order can be split into 1,000 orders of 1 lot each and our system does this distribution, keeps a trail of them until they are completely closed.
This also provides anonymity amongst our various liquidity providers as no single large order is cleared over 1 provider. More and more fund houses and managers prefer our clearance services for this very reason!