Fortex is
rolling out a new cross‑symbol straight-through-processing (STP) feature for
its Fortex 7 platform and Liquidity Hub, giving brokers a way to route risk
from niche kilogram gold products into the deeper XAU/USD market at a time when
bullion is is hitting record highs for the 50th time in 2025. Gold prices
climbed to around $4,500 dol. per ounce today, December 23, up more than 70%
over the past year.
The tool is
designed for markets such as Asia, where demand for renminbi‑denominated
kilobar gold contracts, often quoted as RKG/CNH, has grown faster than
available liquidity in those symbols.
Fortex
claims that the new cross‑symbol STP lets brokers hedge the gold component of
an RKG/CNH trade in XAU/USD while managing the USD/CNH leg separately according
to their own risk policies.
Gold Rally Lifts Demand
For Niche Contracts
Gold’s
jump above $4,400 per ounce this week and its rise of more than 70% over
the last 12 months have pushed many brokers to expand their metal offerings
beyond standard spot XAU/USD, particularly in Asia where renminbi‑linked
physical and synthetic products have gained traction.
Forecasts
for 2026 suggest that gold may not stop here and could
soon test the $5,500 level. It is therefore no surprise that demand for
gold-linked instruments continues to rise.
Hong Kong
and mainland investors have
increasingly used renminbi kilobar gold and similar products to access
bullion in local currency, adding to liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term and pricing challenges for
brokers handling these instruments.
RKG
Renminbi kilo Gold pricing is typically derived from international gold
benchmarks and the USD/CNH exchange rate, which means brokers are exposed to
both bullion and FX risk while often dealing with thinner order books than in
standard London or COMEX gold contracts.
These
products are largely computational, do not have a direct one‑to‑one equivalent
in international markets and can be harder to hedge via classic STP.
Hedging Logic Splits Gold
And FX Legs
Fortex’s
feature routes the gold leg of an RKG/CNH trade into the more liquid XAU/USD
market, while leaving the USD/CNH exposure to be handled within the broker’s
existing risk framework. According to the company, firms can choose to retain
the FX risk on their books, auto‑hedge it externally or manage it manually,
with the system sizing hedge positions between symbols automatically.
The cross‑symbol
STP is fully integrated into Fortex’s risk, margin and liquidity workflows,
allowing portfolio‑level hedging rather than symbol‑by‑symbol handling.
An auto‑hedging
mechanism is intended to keep execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term low‑latency and maintain pricing
accuracy during volatile periods, which have become more frequent as gold’s
sharp rally has drawn in more speculative and hedging flows.
By
embedding cross‑symbol routing into its platform stack, Fortex is trying to
lower the operational overhead for firms that want to keep offering kilo‑gold
products without running large unhedged exposures or investing in in‑house
development.
Similar
bridge and liquidity products from vendors such as Match‑Trade, TFB, AMTS or
Brokeree highlight a broader push to help brokers tap deep liquidity while
still listing local or synthetic instruments for their clients.
The cross‑symbol
STP function is available across MT4, MT5, FIX API and multi‑platform
environments, which still dominate retail FX/CFD brokerage infrastructure
globally. For the technology provider, this marks another update to its product
offering this month, following its early December unveiling of a cloud
copy trading service on the Duplikium infrastructure.
Fortex is
rolling out a new cross‑symbol straight-through-processing (STP) feature for
its Fortex 7 platform and Liquidity Hub, giving brokers a way to route risk
from niche kilogram gold products into the deeper XAU/USD market at a time when
bullion is is hitting record highs for the 50th time in 2025. Gold prices
climbed to around $4,500 dol. per ounce today, December 23, up more than 70%
over the past year.
The tool is
designed for markets such as Asia, where demand for renminbi‑denominated
kilobar gold contracts, often quoted as RKG/CNH, has grown faster than
available liquidity in those symbols.
Fortex
claims that the new cross‑symbol STP lets brokers hedge the gold component of
an RKG/CNH trade in XAU/USD while managing the USD/CNH leg separately according
to their own risk policies.
Gold Rally Lifts Demand
For Niche Contracts
Gold’s
jump above $4,400 per ounce this week and its rise of more than 70% over
the last 12 months have pushed many brokers to expand their metal offerings
beyond standard spot XAU/USD, particularly in Asia where renminbi‑linked
physical and synthetic products have gained traction.
Forecasts
for 2026 suggest that gold may not stop here and could
soon test the $5,500 level. It is therefore no surprise that demand for
gold-linked instruments continues to rise.
Hong Kong
and mainland investors have
increasingly used renminbi kilobar gold and similar products to access
bullion in local currency, adding to liquidity
Liquidity
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent
Read this Term and pricing challenges for
brokers handling these instruments.
RKG
Renminbi kilo Gold pricing is typically derived from international gold
benchmarks and the USD/CNH exchange rate, which means brokers are exposed to
both bullion and FX risk while often dealing with thinner order books than in
standard London or COMEX gold contracts.
These
products are largely computational, do not have a direct one‑to‑one equivalent
in international markets and can be harder to hedge via classic STP.
Hedging Logic Splits Gold
And FX Legs
Fortex’s
feature routes the gold leg of an RKG/CNH trade into the more liquid XAU/USD
market, while leaving the USD/CNH exposure to be handled within the broker’s
existing risk framework. According to the company, firms can choose to retain
the FX risk on their books, auto‑hedge it externally or manage it manually,
with the system sizing hedge positions between symbols automatically.
The cross‑symbol
STP is fully integrated into Fortex’s risk, margin and liquidity workflows,
allowing portfolio‑level hedging rather than symbol‑by‑symbol handling.
An auto‑hedging
mechanism is intended to keep execution
Execution
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term low‑latency and maintain pricing
accuracy during volatile periods, which have become more frequent as gold’s
sharp rally has drawn in more speculative and hedging flows.
By
embedding cross‑symbol routing into its platform stack, Fortex is trying to
lower the operational overhead for firms that want to keep offering kilo‑gold
products without running large unhedged exposures or investing in in‑house
development.
Similar
bridge and liquidity products from vendors such as Match‑Trade, TFB, AMTS or
Brokeree highlight a broader push to help brokers tap deep liquidity while
still listing local or synthetic instruments for their clients.
The cross‑symbol
STP function is available across MT4, MT5, FIX API and multi‑platform
environments, which still dominate retail FX/CFD brokerage infrastructure
globally. For the technology provider, this marks another update to its product
offering this month, following its early December unveiling of a cloud
copy trading service on the Duplikium infrastructure.