Liquidity Aggregator:
Connect to 100+ LPs with Smart Order Routing
Connect to 100+ liquidity providers with intelligent order routing. Get the best prices for your clients while maintaining complete control.
Intelligent Liquidity Management
Advanced aggregation technology that optimizes execution for every trade.
100+ LP Connections
Pre-built integrations with LPs including major banks, prime brokers, ECNs, and non-bank market makers.
Smart Order Routing
AI-powered routing algorithms that find the best execution venue for each order.
Depth Aggregation
Combine order books from multiple sources to create deep, liquid markets.
Markup Management
Flexible markup rules by client tier, symbol, volume, and time of day.
Execution Analytics
Detailed reporting on fill rates, slippage, and LP performance metrics.
Failover Protection
Automatic LP failover and backup routing to ensure 24/7 execution capability.
Frequently Asked Questions
What is liquidity aggregation, and why does my brokerage actually need it?
It combines price feeds from multiple liquidity providers into one deep, tradable order book — so your clients get tighter spreads and reliable fills instead of being limited to a single LP's pricing and capacity.
How many liquidity providers does Spencer Logic connect to?
100+ pre-built integrations, spanning major banks, prime brokers, ECNs, and non-bank market makers — so you're not locked into a single provider's pricing or uptime.
How does smart order routing decide where to send an order?
Routing rules can be configured by client tier, symbol, volume, or time of day, with AI-assisted routing finding the best execution venue per order rather than applying one static rule across your whole book.
Can I set different markups for different client tiers or symbols?
Yes — markup rules are fully configurable by client tier, symbol, volume, and time of day, letting you protect margins on specific segments without changing pricing broker-wide.
What happens if one of my liquidity providers goes offline?
Automatic LP failover and backup routing keep execution running without manual intervention, maintaining 24/7 capability even if a primary provider drops connectivity.
Does liquidity aggregation work with platforms other than MT4/MT5?
The aggregation layer is platform-agnostic and feeds into Spencer Trader, MT4/MT5, and other front-ends through the same underlying price and risk infrastructure.