How to Profitably Manage EAs
For most brokers, EAs are an integral part of doing business. Our clients have found that it’s difficult to differentiate the good from the bad.
Not all EAs are equal, while some attract quality business others are simply a drain on PnL. A broker needs to be able understand what makes an EA good or bad. This cleanses the B Book and makes sure only quality risk that can be monetised is B booked.
Identify loss making EAs in real time
Automate client categorisation decisions
Manage risk for every trade to optimise PnL
Illustrated below, a broker was hit by group of users acting in tandem following an EA. If these trades were B booked this would have cost the broker $90k in 4 minutes, thankfully MFX Echo identified these accounts in real time and our automated risk management in MFX Compass prevented these trades entering the B Book, avoiding a loss.
