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General TradingS
STP Broker
A Straight Through Processing broker that routes client orders directly to liquidity providers without a dealing desk. STP brokers do not take the opposite side of client trades, which eliminates the conflict of interest found in market-maker models.
Example
“She chose an STP broker for her forex trading because her orders were routed directly to liquidity providers, ensuring there was no dealing-desk intervention or requoting on her trades.”