TickCOM Launches VisualStation Platform

TickCOM, a a broker neutral technology provider for the foreign exchange industry, has launched its VisualStation platform, following a development stage lasting several months.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

The VisualStation platform acts as the group’s first foray into cross-market big data capabilities, which helps streamline edits and backtesting of comprehensive strategies for FX market participants. The end result is the culmination of three years of engineering that has resulted in the development of TickCOM’s own backoffice.

In particular, the solution utilizes Direct Market Access (DMA), whereby VisualStation disseminates orders via the backoffice, which subsequently routes the order directly to a given 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 bridge. The DMA setup also helps provide institutional users with a differentiated type of access to the market, such as those looking to circumvent MT4 servers in their execution.

Ultimately, VisualStation will act as an alternative to groups and venues looking to differentiate themselves from the MT4 ecosystem. Presently, the new utility is now live for use.