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Liquidity Pools - Specifying LPs for Brokering

Routing specific instruments or Counterparties to a nominated LP is done through a combination of Liquidity Pool configuration and Execution Rule tuning.

There are 2 ways to use Liquidity Pool config to specify the routing of specific instruments directly to a nominated LP:

Using the Inclusive/exclusive filters as described in Liquidity Pools - Specifying LPs for Instrument Pricing

This allows you to choose the LPs used in pricing and order routing for different instruments from your core broker pool or published pool
Published price and fills will not show any slippage

Creating a Single LP Pool

This means you can specify counterparties or groups of counterparties to be directed to a chosen LP without impacting your published rate.
e.g. you are able to route and fill orders on a wider rate without having to consume it into your own pricing, note this may result in client slippage

Using Inclusive/exclusive filters

Follow the steps on Liquidity Pools - Specifying LPs for Instrument Pricing to price an instrument from a single LP on a channels broker pool.

Then use execution rules to broker specific Counterparties+instruments, these will only be directed to the LPs referenced in the pool config.

Using a Single LP Pool

Create a new liquidity pool following the steps on Liquidity Pool Configuration, setting only a single constituent as the chosen LP. The naming convention to follow is LIQUIDITY_POOL_{LP name}.

Set broker execution rules with a liquidity pool override to direct flow to the specific LP.

You must have Author or Collection Owner permission to create Guru Cards. Contact your team's Guru admins to use this template.