Here are the current AURORA’s Dealing Modes.

True STP (Straight Through Process) Dealing

Among 5 dealing modes, only this one could be so-called pure A Book. Once the AURORA detects any Order Signal from an End Customer, it will risk-hedge (1 by 1) the Order faithfully and instantly with the best available LP at that time. This is the fastest and most promising profit taking method of mark-up.
*Market Execution; All Orders from MT4 End Customers will be filled with the best LP first before filling them at MT4 (execution engine).

NDD (Non Dealing Desk) Dealing

All trade flows from end customers will be first compressed into 1 position book via the AURORA Bridge or other OTC Platform API, then married positions will turn into spread profit immediately and the remaining exposure will be quickly and fully risk-hedged with the best available LP at that time. This is more cost saving than STP.
*Instant Execution

Human Dealing

This is the most primitive and typical dealing style that most market participants have ever worked in the past. With this mode, AURORA also allows you to handle all trading flows and control risk with a human dealer. This is the most flexible and discretionary dealing method to target +alpha profit larger than mark-up.
*Instant Execution

Algorithm Dealing

You have the ability to set-up Dealing Parameters and AURORA will faithfully execute all dealing operation as per your instruction. In effect, AURORA gives you an unlimited amount of dealing scenario combinations! This is the most accurate and fastest rule-based dealing method to target +alpha profit larger than mark-up.
*Instant Execution

Profile Dealing

Use AURORA to categorize End Customers by Groups each with different Risk Profiles and Hedging Algorithms. Utilize our cutting-edge Dealing Technology to maximize +alpha profit larger than other dealing methods.
*Limited Market Execution; An order which should be risk-hedged as same Buy (or Sell) side as MT4 End Customer will be executed Partially or Fully (as per risk preference) with the best available LP first before it is filled by MT4 (execution engine). On the other hand, an order which should be risk-hedged oppositely against MT4 End Customer will be executed as Instant Execution.