Leveraging low latency and high-performance market-making capabilities, Itiviti’s modular Tbricks’ trading platform enables FX trading desks to provide customers with deep liquidity and advanced automatic execution services.

Tbricks hero v1
icons for site 0000s 0037 Price tag


  • Provides out-of-the-box pricing models that cover 95% of the market (Spot, Outrights, NDFs, Swaps, Blocks)
  • Apply custom logic to leverage any internal IP
  • Synthetically price inverses and crosses
  • Use external models and inject price offsets via FIX or API
icons for site 0000s 0035 Arrows 3

Price distribution

  • Customer tiering and permissioning
  • Shaped market data to account for margin and commission.
  • Distribute prices using direct API, FIX, or platforms (BBG, 360T, FX All and Currenex)
  • Price banded order books
icons for site 0000s 0013 Vector Smart Object

Market making

  • Quote into different liquidity pools to automatically match incoming orders from different client tiers
  • Manually create liquidity to be matched with care orders
  • “Quote” prices on external venues, synthetically by using orders
icons for site 0000s 0033 Chip

Algo trading

  • Synthetic order types on non-exchange connections, such as Icebergs, Stop-loss, Stop Profit
  • Scheduled execution using randomized time buckets (TWAP)
  • Extend the system’s existing framework for bespoke algo functionality
  • Offer your clients access to the algo framework for a complete DSA offering
icons for site 0000s 0012 Cash

Liquidity sourcing

  • Connect to more than 90+ LPs through the Market Factory API
  • Provides direct connection with all major MDPs
  • Comes with a single FIX API to major banks and brokers
  • Offers a smart aggregation service to mix different types of liquidity from multiple sources
  • Pass through client orders directly onto the connected venues for low latency DMA.
icons for site 0000s 0001 Accelerate

Risk management

  • Pre-trade checks separated from the gateways to allow for custom checks such as payment instructions, risk limits, maturity risk, etc
  • Static limits checks such as:
    • Volume/Value limits
    • Order throughput limits
    • Delta protection limits
  • Hedge manually or automatically based on pre-configured triggers.

Related components

Agency Trading

Advanced trading of equities, listed derivatives and fixed income while connecting to more than 200 trading venues, including all major exchanges, brokers and SI’s.

Principal Risk Trading & Market Making

Leverage extensive market-making experience while utilizing 300+ customizable apps to trade equities, derivatives, FX, and digital assets across more than 100+ trading venues and secondary markets globally.

Itiviti Platform

Learn about our Connectivity, Trading, and Automation solution framework and how it can be tailored to fit your precise requirements.

Read more

Thumbnail website 2021 modular technology

To optimize FX trading, move to a modular future

The foreign exchange (FX) space today is undergoing a rapid evolution. Thanks to growing electronification, greater investment in...

Read more
Infrastructure 1

Best approaches to adopting a cross-asset trading platform

As we’ve learned from previous blogs, there’s an opportunity to leverage growing commonalities between the equities and foreign...

Read more
Evolution Innovation 3

Shared trading system design across FX & equities

The convergence of structure and behaviors of the equities and FX markets presents opportunities for those firms that...

Read more
Evolution Innovation 1

Benefitting from convergence in FX and equities

As discussed in an earlier blog post, convergence of equities and FX markets is spurring some institutions to...

Read more

Preparing for FX-equity market convergence

The shifts over the past decade in the structure of the flow FX and equities markets have driven...

Read more
Evolution Innovation 2

The Nordics: a fertile algo FX trading ground

Adoption of FX algos in the Nordic region has been slower than anticipated, but that could change as...

Read more
Evolution Innovation 3

Multi-asset platforms well equipped for Forex trading as markets converge

Forex trading is increasingly influenced by and synchronized with equities. With this trend come new opportunities and challenges...

Read more
Evolution Innovation 2

Bridging the gap between equities and FX

The world of trading is in constant evolution and over time the traditional distinctions between equities trading and...

Read more
Evolution Innovation 2

The Rise of Buy & Build FX E-trading Solutions

Delivering functionality in response to convergence of market structure. A white paper by GreySpark Partners and Itiviti.

Historically distinct,...

Read more

Contact us

Fill out this form. We’ll show you what our platform has to offer.

By submitting this form, you acknowledge that data collected by us will be handled in accordance with our PRIVACY NOTICE.