Ahead of the London Summit on November 14-15 at The Brewery, Finance Magnates presents a series of interviews with speakers at the event.
What is your position and what does your role entail?
Anthony Papaevagorou, Head of Sales & Operations at MetaQuotes Software.
In my position I am responsible for the day to day running of our operations and sales department, this includes selling both MetaTrader 4 & MetaTrader 5 platforms to financial institutions and banks and also fully servicing our clients.
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What was the single most important event or development that the market saw in 2016?
The most important development in 2016 was re-inventing MetaTrader 5, adding a number of enhancements and functionalities, including MetaTrader 4 style hedging accounting on transactions. We also introduced MetaTrader 4 and MetaTrader 5 web-terminals into the market and a number of native gateway solutions on MT5 allowing brokers to connect to the world best liquidity providers and exchanges.
What are the biggest challenges that the FX trading community is facing? How do they affect your field?
The biggest challenge in the trading community is the FX brokers’ resistance to change. It affects our field negatively (as the providers of the MetaTrader technology), as we have managed to develop the most advanced online trading platform with the only worthwhile opponent being MetaTrader 4 in the market worldwide. Change is finally happening now and we say ‘better late than never’.
What is the main message you’d like to convey to London Summit delegates?
That MetaTrader 5 is the present, not the future.