{"id":102057,"date":"2022-05-14T07:17:00","date_gmt":"2022-05-14T07:17:00","guid":{"rendered":"https:\/\/leverate.com\/blog-tr\/makale\/doviz-brokerlari-acisindan-stp-ile-a-book-arasindaki-fark-nedir\/"},"modified":"2026-11-03T09:21:37","modified_gmt":"2026-11-03T09:21:37","slug":"doviz-brokerlari-acisindan-stp-ile-a-book-arasindaki-fark-nedir","status":"publish","type":"post","link":"https:\/\/leverate.com\/tr\/blog-tr\/is\/doviz-brokerlari-acisindan-stp-ile-a-book-arasindaki-fark-nedir\/","title":{"rendered":"D\u00f6viz brokerlar\u0131 a\u00e7\u0131s\u0131ndan STP ile A-BOOK aras\u0131ndaki fark nedir?"},"content":{"rendered":"<p class=\"wp-block-paragraph\">Bir\u00e7ok d\u00f6viz yat\u0131r\u0131mc\u0131s\u0131 i\u00e7in d\u00f6viz i\u015flem platformlar\u0131 genellikle iki t\u00fcrd\u00fcr: Birincisi, d\u00f6viz brokeriyle do\u011frudan kar\u015f\u0131 taraf olarak i\u015flem yapmakt\u0131r;di\u011feri ise forex broker\u0131n\u0131n emirleri piyasaya aktarmas\u0131 ve forex riskini \u00fcstlenmemesidir; ancak fiili i\u015flem s\u00fcrecinde, ikinci t\u00fcr platformun i\u015flem modeli STP ve A-BOOK olarak ayr\u0131labilir,ve bu i\u015flem modeli s\u0131n\u0131fland\u0131rmas\u0131, yat\u0131r\u0131mc\u0131lar\u0131n b\u00fcy\u00fck \u00e7o\u011funlu\u011funun anlamad\u0131\u011f\u0131 gibi, bir\u00e7ok forex brokeri de s\u0131kl\u0131kla bu ikisini birbirine kar\u0131\u015ft\u0131rmaktad\u0131r.<\/p>\n\n<p class=\"wp-block-paragraph\">Asl\u0131nda, STP ve A-BOOK i\u015flemlerinde d\u00f6viz brokerleri her ikisinde de LP hedgingini kullan\u0131yor olsa da, operasyonel ayr\u0131nt\u0131larda \u00f6nemli farkl\u0131l\u0131klar bulunmaktad\u0131r. Peki, somut olarak bu iki terim tam olarak hangi i\u015flem t\u00fcrlerini ifade ediyor ve aralar\u0131ndaki fark nedir?<\/p>\n\n<p class=\"wp-block-paragraph\"><br>STP (Straight Through Processing), do\u011frudan i\u015fleme olarak adland\u0131r\u0131l\u0131r ve basit\u00e7e ifade etmek gerekirse, \u00f6nce hedging i\u015flemi ger\u00e7ekle\u015ftirilip ard\u0131ndan emir tamamlan\u0131r; yani yat\u0131r\u0131mc\u0131 platformda emir verdikten sonra, forex broker\u0131 \u00f6nce likidite sa\u011flay\u0131c\u0131s\u0131nda hedging i\u015flemini tamamlar, ard\u0131ndan platformdaki yat\u0131r\u0131mc\u0131yla i\u015flemi ger\u00e7ekle\u015ftirir. <strong>A-BOOK ise \u00f6nce emri tamamlay\u0131p sonra hedging i\u015flemini ger\u00e7ekle\u015ftirir; yani forex platformu, \u00f6nce platformdaki yat\u0131r\u0131mc\u0131lar\u0131n i\u015flemlerini tamamlamas\u0131n\u0131 sa\u011flar, ard\u0131ndan LP ile hedging i\u015flemini ger\u00e7ekle\u015ftirir.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\"><br>Bu iki i\u015flem modeli, sonu\u00e7lar\u0131 ayn\u0131 gibi g\u00f6r\u00fcnse de sadece i\u015flem s\u0131ras\u0131 de\u011fi\u015fmi\u015f olsa da, asl\u0131nda durum b\u00f6yle de\u011fildir. D\u00f6viz piyasas\u0131ndaki deneyimli yat\u0131r\u0131mc\u0131lar, her i\u015flemin nihai fiyat\u0131n\u0131n ilk teklifle uyu\u015fmayabilece\u011fini \u00e7ok iyi bilir; bu duruma \u201cslippage\u201d denir.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Slippage neden olu\u015fur? Bunun nedeni, d\u00f6viz piyasas\u0131n\u0131n s\u0131k s\u0131k dalgalanmas\u0131d\u0131r; fiyatlar temelde her an de\u011fi\u015fmektedir. Bir d\u00f6viz i\u015fleminin s\u00fcresi \u00e7ok uzun s\u00fcrerse, bu i\u015flemde slippage ya\u015fanma olas\u0131l\u0131\u011f\u0131 olduk\u00e7a y\u00fcksektir.<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\"><br>Ancak kayma meydana geldi\u011finde, STP ve A-BOOK\u2019un risk aktar\u0131m hedefleri farkl\u0131la\u015f\u0131r. STP kullan\u0131ld\u0131\u011f\u0131nda, platform \u00f6nce LP ile hedging yapar; bu nedenle i\u015flem neredeyse an\u0131nda tamamland\u0131\u011f\u0131 i\u00e7in platform taraf\u0131nda kayma olu\u015fmaz. Yat\u0131r\u0131mc\u0131 a\u00e7\u0131s\u0131ndan ise bir i\u015flemi tamamlamak i\u00e7in \u00f6nce platforma fiyat teklifi vermesi,platform LP ile hedging i\u015flemini ger\u00e7ekle\u015ftirir, ard\u0131ndan da yat\u0131r\u0131mc\u0131n\u0131n emrini yerine getirir. \u0130\u015flem s\u00fcresi daha uzun oldu\u011fundan, kayma meydana gelme olas\u0131l\u0131\u011f\u0131 y\u00fcksektir ve bu nedenle yat\u0131r\u0131mc\u0131 zarar g\u00f6rebilir; A-BOOK kullan\u0131ld\u0131\u011f\u0131nda ise kayma riski tersine d\u00f6ner ve platform taraf\u0131ndan \u00fcstlenilir. Yat\u0131r\u0131mc\u0131 \u00f6nce platformla i\u015flemi tamamlar, ard\u0131ndan platform hedging i\u015flemini ger\u00e7ekle\u015ftirir ve beklenmedik zararlar\u0131 \u00fcstlenir.<\/p>\n\n<p class=\"wp-block-paragraph\"><br>O halde baz\u0131lar\u0131 \u015fu soruyu sorabilir: Madem STP, platformun kayma riskini \u00fcstlenmesine yol a\u00e7m\u0131yor <strong>, o halde neden baz\u0131 platformlar A-BOOK kullanarak i\u015flem yap\u0131yor ve kayma kaynakl\u0131 zarar\u0131 bilerek \u00fcstleniyor?<\/strong><\/p>\n\n<p class=\"wp-block-paragraph\">Bunun nedeni, A-BOOK\u2019un platform yat\u0131r\u0131mc\u0131lar\u0131na daha iyi bir i\u015flem deneyimi sunmas\u0131d\u0131r. A-BOOK i\u015flem modelini kullan\u0131rken, yat\u0131r\u0131mc\u0131lar fiyat teklifi verirken i\u015flem yapmalar\u0131 yeterlidir; i\u015flem neredeyse an\u0131nda tamamlan\u0131r ve i\u015flemin beklenmedik bir durumla kar\u015f\u0131la\u015f\u0131p platform taraf\u0131ndan iptal edilip edilmeyece\u011fini beklemek i\u00e7in fazla zaman harcamak zorunda kalmazlar.<\/p>\n\n<p class=\"wp-block-paragraph\">Genel olarak, yat\u0131r\u0131mc\u0131lar\u0131n portf\u00f6y b\u00fcy\u00fckl\u00fc\u011f\u00fc artt\u0131k\u00e7a bu t\u00fcr i\u015flemlerin kesinli\u011fi daha da \u00f6nem kazan\u0131r; bu nedenle, bir\u00e7ok kaliteli m\u00fc\u015fteri genellikle A-BOOK i\u015flem modelini kullanan i\u015flem platformlar\u0131n\u0131 tercih eder.<\/p>\n\n<p class=\"wp-block-paragraph\"><strong>Sizin i\u00e7in m\u00fckemmel bir forex brokerlik \u015firketi kural\u0131m!<\/strong> En son teknolojilerimizi kullanarak forex i\u015finizi kurun. <a rel=\"noreferrer noopener\" href=\"https:\/\/cn.leverate.com\/lxsuite-2\/\" target=\"_blank\">LXSuite, s\u0131f\u0131rdan bir brokerlik i\u015fi kurmak i\u00e7in ihtiyac\u0131n\u0131z olan her \u015feyi size<\/a> sunar. G\u00fcvenilir ve kapsaml\u0131 yaz\u0131l\u0131m teknolojimizi tercih ederek, en iyisini yapmaya odaklanabilirsiniz. M\u00fc\u015fterilerinize d\u00fcnyan\u0131n en pop\u00fcler forex i\u015flem platformunu sunun; <a rel=\"noreferrer noopener\" href=\"https:\/\/cn.leverate.com\/mt4-white-label\/\" target=\"_blank\">MT4\/MT5 beyaz etiket \u00e7\u00f6z\u00fcm\u00fcn\u00fc kullanarak<\/a> kendi markan\u0131z\u0131 veya bizim markam\u0131z\u0131 tercih edebilirsiniz.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bir\u00e7ok d\u00f6viz yat\u0131r\u0131mc\u0131s\u0131 i\u00e7in, d\u00f6viz i\u015flem platformlar\u0131 muhtemelen sadece iki t\u00fcrd\u00fcr<\/p>\n","protected":false},"author":29,"featured_media":102058,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[341],"tags":[],"class_list":["post-102057","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-is"],"acf":[],"_links":{"self":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102057","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/comments?post=102057"}],"version-history":[{"count":1,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102057\/revisions"}],"predecessor-version":[{"id":102059,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/posts\/102057\/revisions\/102059"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media\/102058"}],"wp:attachment":[{"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/media?parent=102057"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/categories?post=102057"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/leverate.com\/tr\/wp-json\/wp\/v2\/tags?post=102057"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}