ProcessBeginner
Straight-Through Processing (STP)
syn. STP
A fully automated order processing method where trades pass from initiation to settlement without manual intervention.
Last updated: February 1, 2026
1
A client places a trade order through their platform.
2
The order is received by the broker's system and immediately processed without manual intervention.
3
The system automatically routes the order to the designated execution venue (LP or ECN).
4
The execution is completed and confirmed without any human dealing desk involvement.
5
The entire chain from order submission to execution and settlement is automated.