Price protection

Protect your book from flow that trades your prices

Latency and arbitrage traders look for weak points in your feed. XiroLink removes the obvious ones: stale quotes, bad ticks and slow switching between LPs.

The problem

Toxic flow starts with a weak price feed

When an LP stops quoting but stays logged in, your platform keeps showing its last price. When one LP sends a spike, it can reach every client. Traders watching faster feeds notice and trade on it, and the loss lands on your book. XiroLink is not a trade surveillance tool and does not classify clients. It makes your prices harder to pick off and shows you which LPs cause trouble.

Per symbol

Pricing mode

30 days

LP comparison history

Per taker

Spike filter

4

Alert channels, plus webhooks

How it works

How XiroLink handles it

01

Set staleness thresholds

Decide how old a price can be before it stops counting as fresh. Old prices are never sent as new ones.

02

Choose how each symbol is priced

One maker, the best bid and ask across makers, or priority with failover that switches as soon as a feed goes stale and back when it recovers.

03

Filter what each platform receives

Turn on the spike filter, tick boost or a delay per taker symbol, and give each platform its own markup profile.

04

Measure your LPs

LP comparison shows best price share, tightest spread and availability per provider, live or over 30 days. The silent feed watchdog flags an LP that stops quoting.

Frequently asked questions

Does XiroLink detect toxic traders?

No. XiroLink does not analyse client trading, so it does not classify traders. It handles the price side: stale quotes, spikes and failover. Pair it with the trade analysis in your platform or back office.

What is a stale price and why does it matter?

A price that has stopped updating while the market moves on. A client with a faster feed can trade against it with little risk. Staleness thresholds stop an old price going out as fresh.

What happens when an LP stops quoting?

In priority mode the bridge moves to the next LP as soon as the first goes stale, and switches back when it recovers. The silent feed watchdog and your alerts tell the team.

Does XiroLink route or reject orders?

No. XiroLink distributes prices to your platforms. Orders are handled by your trading platform and execution setup.

Make your prices harder to pick off

See staleness rules, failover and LP comparison running on your own symbols in a demo.