{"id":3363,"date":"2023-10-20T08:31:01","date_gmt":"2023-10-20T08:31:01","guid":{"rendered":"https:\/\/dx.trade\/?post_type=materials&p=3363"},"modified":"2026-03-10T11:27:26","modified_gmt":"2026-03-10T11:27:26","slug":"order-sweeping-algorithms-in-forex-trading","status":"publish","type":"materials","link":"https:\/\/dx.trade\/es\/materials\/order-sweeping-algorithms-in-forex-trading\/","title":{"rendered":"Order Sweeping Algorithms in Forex Trading"},"content":{"rendered":"\n
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Who will find value
in this e-book<\/h2>\n<\/div>\n\n\n\n
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Are you a start-up forex or crypto broker, a forex dealer, a fintech software developer, a financial analyst or a trader? This book is for you. From Order Execution 101 to 18 comprehensive execution scenarios, you will understand how a broker can improve their order routing and execution with just one item of software\u2014a liquidity aggregator.<\/p>\n\n\n\n

We recommend division managers in broker houses to use this book for onboarding new team members, from dealing and risk management to support departments. This book is filled with useful details and diagrams to help readers memorize what they learned, and it will be helpful in onboarding new members of your brokerage team.<\/p>\n<\/div>\n<\/div>\n\n\n\n

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What you will learn from this book<\/h2>\n<\/div>\n\n\n\n
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1<\/p>\n\n\n\n

You will get to know how prices are aggregated and how it affects execution<\/p>\n<\/div>\n<\/div>\n\n\n\n

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2<\/p>\n\n\n\n

Understand the order sweeping algorithm workflow<\/p>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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3<\/p>\n\n\n\n

Tie together order types, their time in force, and how they are processed<\/p>\n<\/div>\n<\/div>\n\n\n\n

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4<\/p>\n\n\n\n

And practice exploring daily tasks of a liquidity aggregator<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n

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Review the book briefly<\/h2>\n\n\n\n
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Reviews<\/h2>\n\n\n\n
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Many people associate liquidity aggregators with a metaphor of a switchman. The devil is always in the details, and simplifying can cost you millions. Most underestimate the degree of complexity, as well as the risks associated with numerous moving parts. This book offers an in-depth analysis of the algorithms and their processes. Take a look at what you should expect if you decide to engage with a liquidity aggregator. In this book, several atypical execution scenarios are detailed in great detail. The authors and the whole Devexperts team deserve accolades for their efforts!<\/p><\/blockquote>

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Natallia Hunik<\/span>Chief Revenue Officer at CubeLogic<\/span><\/div><\/div><\/div>\n\n\n\n

The book gives Forex professionals a unique opportunity to look under the hood of perhaps the most complex module in the \u201crisk management\u201d mechanism. This knowledge gives the risk manager superiority in both day-to-day operations and in the selection of counterparts. And those who want to implement order-sweeping algorithms do not need to reinvent the wheel, but rather refer to Devexperts for a straightforward, academic implementation.<\/p><\/blockquote>

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Vitaly Kudinov<\/span>SVP of Business Development at Devexperts<\/span><\/div><\/div><\/div>\n\n\n\n

Sometimes you need to better understand how execution works rather than just its principles and ideas. The book gives you these lenses, it gives you a set of examples that are equivalent to open sourcing the actual algorithms. Except you don\u2019t need to be a coder to grasp it.<\/p><\/blockquote>

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Jon Light<\/span>Head of OTC Product at Devexperts<\/span><\/div><\/div><\/div>\n<\/div>\n<\/div>\n<\/div>\n\n\n\n
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About the author<\/h2>\n\n\n\n

Evgeny Sorokin is CPO of Software Engineering at Devexperts. Having implemented trading platforms with tens of brokers from around the globe, he gained knowledge of how different departments of brokerages operate from the technology perspective.<\/p>\n\n\n\n

Evgeny Sorokin<\/p>\n\n\n\n

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Explore our library<\/h2>\n\n\n
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In this white paper, we\u2019ll show how fractional trading can provide brokers with a dramatic competitive differentiator.<\/div>\n <\/div>\n<\/a>\n<\/div>
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Order Sweeping Algorithms in Forex Trading<\/div>\n
part 2<\/div>\n
A behind the scenes look at broker operations related to liquidity management and liquidity flows in the Forex market.<\/div>\n <\/div>\n<\/a>\n<\/div>
\n \"\"\n
\n
The Ins and Outs of Forex Liquidity Aggregation<\/div>\n
part 1<\/div>\n
A behind the scenes look at broker operations related to liquidity management and liquidity flows in the Forex market.<\/div>\n <\/div>\n<\/a>\n<\/div>
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Millennials are the first generation to be born into the digital age and to inherit the largest amount of wealth in history...<\/div>\n <\/div>\n<\/a>\n<\/div>
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Millennials are the first generation to be born into the digital age. They are set to inherit the largest amount of wealth in history...<\/div>\n <\/div>\n<\/a>\n<\/div> <\/div>\n
\n All ebooks<\/a>\n <\/div>\n<\/div>\n\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A behind the scenes look at broker operations related to liquidity management and liquidity flows in the Forex market.<\/p>\n","protected":false},"featured_media":3396,"parent":0,"menu_order":0,"template":"","materials-category":[239],"class_list":["post-3363","materials","type-materials","status-publish","has-post-thumbnail","hentry","materials-category-e-book"],"acf":[],"_links":{"self":[{"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/materials\/3363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/materials"}],"about":[{"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/types\/materials"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/media\/3396"}],"wp:attachment":[{"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/media?parent=3363"}],"wp:term":[{"taxonomy":"materials-category","embeddable":true,"href":"https:\/\/dx.trade\/es\/wp-json\/wp\/v2\/materials-category?post=3363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}