As Forex Magnates anticipated a number of new announcements to precede our Turkey FX Conference set to commence tomorrow, the latest such news comes from one of Turkey’s key FX brokerages founded in 2001, Sanko Menkul Degerler, which is part of Senko Group – a company with 14,000 employees across its numerous subsidiaries – as per the group’s website.
The news was just released according to a joint press release, and indicates that Sanko Menkul has partnered with Gold-i for a low-latency solution to connect MetaTrader4 to primary liquidity providers, via the ‘Gold-i Gate Bridge’ service.
The deal was arranged by BridgeFX, a company founded in 2013, and which was recently appointed by Gold-i as a reseller for the Turkish Market, as part of the firm’s strategy to expand into regions of interest, such as Turkey.
BridgeFX Literally Helped ‘Bridge’ Deal between Gold-i and Sanko Menkul
Commenting in the press release, Aytan Kemal-Hilmi, Director at BridgeFX said, “We specialize in selling liquidity to Turkish clients and wanted to find a Bridge provider to partner with. Gold-i was the obvious choice – they lead the market in terms of functionality and reliability and they also offer 24×7 service. They are renowned for their excellence and innovation, key qualities which impressed Sanko, the first client we have secured for Gold-i.”
BridgeFX acts as an authorized distributor for the Gold-i Gate Bridge, which aims to reduce latency and which connects brokers using MetaTrader platforms to a choice of over 50 liquidity providers, including banks, ECNs and brokers, as described in the official announcement.
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Both Gold-i and Bridge FX will be attending the Turkey FX Conference, hosted by Forex Magnates and FXStreet on the 4th and 5th of April, 2014, also noted in the update. The event already has over 1,000 registered attendees and an impressive list of speakers, as part of the agenda.
Turkey in Focus as Conference to Start Tomorrow
Forex Magnates is planning in-depth coverage surrounding the event, which will provide a sneak-peak, as the full benefits can only be realized in person for those able to attend. In addition to the list of speakers, noted above, and scheduled agenda, the list of sponsors and participants can also be found on the conference homepage and are indicative of the interest in this conference and within Turkey itself for Foreign Exchange.
Gold-i’s CEO, Tom Higgins, commented about Turkey in the press release, “Turkey is an important market for us, with its rapidly growing number of retail brokers and we are very excited that Sanko, a broker renowned for its market leading approach, has selected our award-winning, highly flexible liquidity Bridge.”
Mr. Higgins concluded regarding the firm’s relationship with BridgeFX, “We hope this will be the first of many partnerships through BridgeFX, who we selected because of their expertise in the Turkish market, their strong local contacts and their approach to business. Like Gold-i, they have a strong focus on customer service and always go the extra mile for their clients.”
Also quoted in the announcement was Aytun Bilgin, Deputy General Manager at Sanko Menkul Degerler, who added regarding his firm’s selection of the provided solution, “We are delighted that Bridge FX introduced us to Gold-i. We focus on high quality technology and high quality service – and Gold-i is an ideal partner for us. They have a range of innovative products, ideal for our current and future needs, and we are looking forward to working with them.”