itexsys, a financial services technology company, announced this Wednesday that it has formed a strategic partnership with Your Bourse. Together, the two companies will prove a branded MetaTrader 4 white label solution to itexsys’ broker clients.
Under the agreement, brokers who sign up to itexsys’ MetaTrader 4 white label through Your Bourse will be able to access what it calls the ‘full Your Bourse technology package’. According to the statement, this includes a bridge, matching engine and liquidity aggregator.
Furthermore, users will be able to access real-time and historic reporting tools in addition to warehousing functionality. As time goes on, the financial services provider expects its partnership with Your Bourse to develop, which will result in more tools within the package at the same fixed price.
itexsys Previously Exclusively Used Gold-i Technology
Until now, the financial technology provider has worked exclusively with Gold-i’s technology to deliver its MetaTrader white labels. The collaboration announced today will see itexsys expand its offering by utilising the technology of Your Bourse.
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Commenting on the partnership, Simon Blackledge, Founder and Director of itexsys, said in the statement: “As demand for our White Labels continues to rise, a key part of our expansion strategy was to find another high calibre technology provider so that we can provide a wider range of options to clients. Your Bourse is an ideal partner for us, a rapidly growing business with an evolving portfolio of products and a global reputation for excellence.”
Your Bourse Expects Significant Growth Opportunities from the Partnership
The MetaTrader white label solutions are particularly of use for start-up and early stage brokers offering foreign exchange (forex) and contracts for difference (CFDs) trading that are not able to pay the upfront cost of a MetaTrader licence.
“We selected itexsys as our MetaTrader White Label partner as they are truly independent and are not aligned to any particular Liquidity Provider or brokerage,” added Andrey Vedikhin, Founder and CEO of Your Bourse, in the statement.
“They have a great reputation across the industry, and we believe this partnership will create significant growth opportunities for both our organisations.”