FXStreet, a reputable provider of news, information and analysis for the currency derivatives markets, has enhanced its distribution network through a new partnership with a US-based technology provider.
Boston Technologies Powered by Forexware has reported that it has entered a new agreement with information provider FXStreet. Under the terms, Boston Technologies Powered by Forexware will provide its MetaTrader 4 client base with access to FXStreet’s news service. The move supports the technology provider’s goal of offering a complete front-to-back system and functionality to established and emerging FX brokers.
FXStreet’s vast coverage of global financial market news continues to gain traction with FX traders. This new collaboration with Boston Technologies, powered by Forexware, highlights the true nature of international currency trading.
FXStreet offers users news and analysis in various languages including English, Chinese, Japanese, Russian, Arabic, German, Indonesian, Spanish and Turkish. Its diverse information covers key topics related to currencies, indicators, central banks, stocks, gold and oil, a suite of products Boston Technologies Powered by Forexware’s clients will take advantage of.
Natallia Hunik, vice president of Worldwide Sales at Boston Technologies Powered by Forexware, commented about the partnership in a statement: “At Boston Technologies Powered by Forexware, we’re constantly reviewing partner solutions that will strengthen our portfolio and provide an immediate impact to our clients.
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“We are confident that FXStreet’s multi-lingual news suite will resonate very strongly with our clients and add value to their respective businesses.”
The combined solution supports new firms that aim to provide brokerage solutions in an already congested marketplace. By offering a one-stop solution to brokers, firms can reduce the number of service providers they deal with and focus on core business development activities.
FXStreet has been one of the world’s leading portals for FX news, the site offers a myriad of tools that allow traders to make better informed, timely trading decisions as well as tools that allow traders to keep up to date with events that impact the global financial markets.
“Our goal is to be the primary source of information for forex traders by providing accurate and immediate technical and fundamental information on how currencies are moving,” adds Carolina May, pictured, CEO at FXStreet in the press release.
“Boston Technologies Powered by Forexware is a recognized leader in the industry, and we know this partnership is a strategic step in the right direction for both companies.”
FXStreet reported a similar collaboration with Asia-based m-FINANCE in 2014, which focused on the growing Chinese and Hong Kong e-trading market.