In our previous newsletters, we have already shown many cases of how Brokerpilot analyzes clients’ trading activity, identifies cheaters and traders who create toxic traffic. At the same time, dealers need specific tools that allow them to monitor the state of the dealing environment itself, the quotes flow, the quality of orders execution, and whether execution itself takes place. Therefore, today we will talk about the executor.
Certain situations are possible when the floating loss on the account on open positions is so large that the equity becomes negative. And this may indicate a problem with the executor's stop out system. For some reason these positions are not closed on the account, which can lead to an even greater loss on the account, which the broker will have to compensate as SO compensation. It is essential for dealers to learn about such problems in time in order to respond to them as soon as possible.
The “Stop Outs Control” trigger in Brokerpilot serves this specific function. It helps to identify accounts for which the stop out did not work, the account equity is negative, and open positions are not closed. In this case, dealers will be notified of the problem. If it is not resolved, then dealers will receive a second alert in one hour with a reminder that the problem persists. It is possible that the executor itself has stopped executing orders, and this may be the reason for the lack of a stop out. Or maybe the stop outs plugin has stopped working or is disabled.
So your dealers will always be confident that all important dealing processes function properly, without failures, under the control of Brokerpilot. And this will significantly facilitate the work of your team and allow you to concentrate on important tasks, entrusting the routine to Brokerpilot. We will show you how to track the flow of quotes and detect the stoppage of certain tickers in one of the next newsletters.
