STP Formula
STP Formula
The ONLY direction left for GROWTH is to STP
AP works on a No Dealing Desk (NDD) model and pass client’s orders directly to the banks and ECN providers via aggregators and or prime brokerages
Having a NDD model, AP charges either a very small commission for trading or by increasing minor markup on spreads
To ensure users fast trade execution, AP’s STP system route the orders of their clients directly to their liquidity providers who have access to the interbank market.