vStore header

vStore is your one-stop-shop for VertexFX plugins and apps. vStore categorizes the plugins/apps to make it easier for both front-end and back-end users to reach what they need

  • Choose from hundreds of VertexFX plugins/apps
  • VertexFX API toolkit to develop plugins/apps
  • Brand and sell your own plugins

Sign Up Now

VBL Smart Dealer

VBL Smart Dealer plugin is a script written in VBL Language of the VertexFX Bridge application that handles all incoming orders automatically exactly of similar functionality like VertexFX Smart Dealer application plus the fact that it's of open source and can be customized as needed to work in a Hybrid of A-Book, B-Book Model. We are happy at www.Pluginsky.com to perform any required customization for this plugin at info@pluginsky.com.

You can manage all of your incoming orders to be handled according to some handling criteria available at the VBL smart dealer.

Or you can choose to disable the VBL Smart Dealing from the menu bar of the VertexFX Bridge in order to allow orders to be handled as STP (Straight Through Processing) according to the classical VertexFX Bridge criteria.

When you open the Tools > Options of the VertexFX Bridge application and go to the Smart Dealer tab a window as the following image will appear:

VBL SD

You can activate/deactivate the VBL Smart Dealer using the Default Rule settings, which can be edited by selecting single/multi symbol(s) from the symbols list and then choose “Edit Selected” so a new window will open up as the following:

DefaultRule

From this window you can edit the default handling mode for the Market Orders, Limit OrdersTake Profit, Stop Orders and StopLoss and enabling the Automatic Liquidation.

In each type of orders you will find the following VBl Smart Dealer modes.

VBL SD Modes    
  • Accept Always:Always accepts the received order(s) for the VBL Smart Dealer. 
  • Switch Always:Always switches the received order on the VBL Smart Dealer to another dealer with an open chatting screen. 
  • Best price Mode:Calculates the best price for the dealer during the waiting time has been set for this symbol and re-quote the order with that price in case the order price is not within the acceptance margin.
  • Market Price (Time Mode):Takes the last market price after the waiting time and re-quote the order with it's price in case the order price is not within the acceptance margin. 
  • Market Price (Tick Mode):Takes the price of certain tick (according to ticks number) and re-quote the order with it's price in case the order price is not within the acceptance margin.
  • Switch to The Bridge:Which always switch the received order on the VBL Smart Dealer to be handled and covered according to the RMB (Risk Management Bridge) /Jumper Rules of the VertexFX Bridge settings.

The VBL Smart Dealer can be applied not only over entire clients who the logged dealer has privilege on; you can activate it on each client/group in your accounts tree by creating a new rule for each client/group.

Just press on “Add Rule” button, and enter the username of the desired client/group to be activated on and also a description for the rule and press “OK”.

Description: VBL SD

After adding a new rule, its settings will be inherited as the default rule unless you edit the symbols settings and override the settings of each/all symbols.

You can apply the VBL Smart Dealer over a certain group of clients in your accounts tree by connecting a dealer who has privilege on this group, just add a rule in the VBL Smart Dealer, and enter the username that you have set for the group. Also in case you want one of the clients inside this group to have a different rule to handle his orders, you can create a new rule and enter the username of the client then set the desired settings for this client.

Clearing on-Demand "Manual Clearing" VBL script:

 "Clearing on-Demand" is a VBL script which allows you to clear your client's trades manually according to the floating status.

VBLSD1

When clients have profiting open positions this makes brokers on exposure to loss, to cover those losses depending on the order type a broker have to buy the same amount of the deal if the client has a buy order, and if the client had a Sell order the broker also have to sell the same amount of deal in the liquidity provider side.

As a result of doing this, Brokers will be able to gain and take profit from the LP with the same amount your client had.

For a practical example:

Before starting you have to disable the option “Enable receiving orders” so you can handle the trades manually.

So as a broker and your client have 5 buy lots on GOLD they will appear on the floating status on the backoffice terminal, and the buy order will go to the Bridge.

by clicking on manual clearing tab which will appear to you when you run the script on the VBL editor at the bridge, you have to select the LP and then select the symbol, in our example it is GOLD meaning you have to buy 5 lots.

To make sure that the order is covered successfully, go to the backoffice terminal and check the “Deals” column at the floating status window, the number of deals will change to 1/1 instead of 1/0, refer to the picture below.

VBLsd2

You can check the buy order you made at the Manual Clearing which can be found by clicking on the coverage account that you have access to and you will notice it at the trade panel.

VBL Smart Dealer

This script enables having full control and more risk management with a successful trading experience.  

For more information about VBL Script (Manual Clearing) please watch this video:


Usage

  • Download the attachment.
  • Rename it to "custom.vbl"
  • Copy it to your VertexFX Bridge folder (i.e.) C:\Program Files\VertexFX Bridge 10\Manage\ and overwrite if asked.
  • If you are using VertexFx Bridge Version '10.5.9' or above then copy it to your VertexFX Bridge folder i.e.  C:\Users\[USERNAME]\Appdata\Roaming and overwrite if asked.
  • Run the Bridge.
Rate this product
1 vote
Favoured:
0

Listings details

Image
Type
License
$Free
Hits
6633
Rating
On
29 October 2014
Attachment (Desktop)
Compatibility

Share This!

youtube-right

Search Plugins

Try VertexFX

download-button

ios-32 Android Icon Windows Phone VertexFX Web Trader VertexFX eBroker Icon VertexFX Backoffice

Community Forum

Ask, Share, Engage

Enter Forum

Project Zone

A Trader or A Developer?

Enter the Project Zone

Latest Projects

Sponsored Ad

Oblomov Auto Trader

Latest Plugins

i-Intraday Fibonacci
i-Intraday Fibonacci
Description: i-IntradayFibonacci is a powerful VertexFX client side VTL indicator that displays the valid Fibonacci levels for the cu ...
Kaufman Volatility
Kaufman Volatility
Description: Kaufman Volatility indicator is a VertexFX client-side indicator script that provides a measure of volatility and in ide ...
Arbitrage Reverse
Arbitrage Reverse
Description: Arbitrage Reverse Auto Trader is a VertexFX client-side Auto Trader that trades based on the direction of the trend and ...

Most Reviewed Plugins

VertexFX Margin Call
VertexFX Margin Call
Description: *We have reviewed our prices for the next two months. Take the opportunity and get our plugins in a very competative price ...
VertexFX Bridge
VertexFX Bridge
Description: VertexFX Risk Management Bridge is a back end software used to connect your VertexFX system to another one for clearing an ...
Butterworth 2 Pole
Butterworth 2 Pole
Description: The Two Pole Butterworth filter is a VertexFX Indicator which uses smoothing method termed as low-pass filters to reduce ...

Featured Plugins

Zwinner Trend
Zwinner Trend
Description: Zwinner Trend is a VertexFX client side VTL indicator that gives precise Buy and Sell signals based on breakouts and mar ...
Begin Trend
Begin Trend
Description: Begin Trend indicator is a VertexFX client side VTL indicator that helps to find points of entry in market in direction ...
Bollinger Bands High Low
Bollinger Bands High Low
Description: Bollinger Bands High Low (BB HL) indicator is a fine-tuned version of the Standard Bollinger Bands indicator. Bollinger ...

About Us

Established in 2002, Hybrid Solutions provides FOREX Online Trading Platform. Hybrid Solutions has adopted the latest technologies and international standards to develop its Online Trading Platform, VertexFX.

Read More

Contact us

uk16 UK: +44-2-071-936-008
australia16 Australia: +61-280-114-343
USA Flag USA: +1-845-657-3272
HongKong Flag HK: +852-8199-0933
Jordan Flag Jordan: +962-6-552-0822

Send us Email

Join Our Mailing List

Email:  

Expos & Awards

VertexFX Awards

Hybrid Photo Gallery

  

  

VertexFX 11

VertexFX Cloud

VertexFX Cloud

Search Plugins

Latest Tweet

This website and its content are copyrights of Hybrid Solutions - © Hybrid Solutions 2002 - 2018. All rights reserved.

Disclaimer: Hybrid Solutions is the VertexFX trading platform vendor, provides technology only for the financial institutes and does not have any intervention in any financial role or in the trading cycle. Hybrid Solutions clears its responsibility from any financial institute's behavior. Choose your broker wisely and seek independent advice if necessary.

اخلاء مسؤولية: هايبرد سوليوشنز هي الشركة المزودة لبرنامج (الفيرتكس اف اكس) للتداول الالكتروني ، تزود فقط التكنولوجيا اللازمة للوسطاء ولكنها لا تتدخل بأي شكل مهما كان في عمليات التداول أو بأي دور مالي. هايبرد سوليوشنز تخلي مسؤوليتها بشكل كامل عن تصرفات الوسطاء او كل ما من شأنه أن يسبب الخسارة للمتداول ، إختر وسيطك بتأني واطلب النصيحة من المختصين بالتداول عند الحاجة.

Close