NDD Glossary
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TwinCross FX

A proprietary FX execution engine by NDD that provides cross-connected liquidity matching across multiple venues for optimal price discovery.

Last updated: February 1, 2026
1

TwinCross FX connects to multiple FX liquidity venues simultaneously.

2

The engine performs cross-venue price discovery, identifying the best available execution across all connected pools.

3

Smart matching logic pairs incoming orders with the optimal venue based on price, depth, and latency.

4

Cross-connected architecture allows liquidity from one venue to be accessed through another, increasing effective depth.

5

The system provides unified reporting across all connected venues.