HUBECN Unveils New Liquidity Aggregator, Integrating MT5 FX Bridge
- The adoption of the MT5 FIX Bridge will help brokers tap into a larger number of liquidity providers than ever before.
HUBECN LLC has become the latest platform provider to integrate MetaTrader 5 (MT5) into its solutions suite. More specifically, the group will deploy the MT5 FIX Bridge into its existing HUBECN engine, enabling brokers to link up with hundreds of 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 providers.
The London Summit 2017 is coming, get involved!
[gptAdvertisement]
HUBECN engine’s adoption of the MT5 FIX Bridge will greatly expand the amount of liquidity providers that brokers can connect to. This will help brokers not only aggregate quotes but also enable the routing of orders according to the Best Bid and Offer (BBO) rules. The initiative has also transpired during a gradual industry shift towards the MT5 platform and its accompanying framework. Up until now, HUBECN only supported MT4 functionality, including the MT4 FIX Bridge.
Indeed, HUBECN decision to support MT5 FIX Bridge is a further nod to the growing market penetration of the platform, which has secured an uptick in use amongst retail brokerages over the past six months. This has in turn been facilitated by a push from MetaQuotes itself, which has sought to roll out multiple incentives, updates, and builds in H1.
The extension is also important to brokers as they can tap into a list of leading liquidity providers, including such names as Currenex, Integral, Hotspot, LMAX, CFH, SwissQuote Bank, ADS Securities, Sucden Financial, Advanced Markets, FXCM, TopFX, Think Markets and other groups.
Moreover, institutional clients are also eligible to set any instruments offered by liquidity providers, including such asset classes as FX, stocks, futures, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw , and derivatives. HUBECN’s newly enhanced bridge will also utilize the standard MT5 Gateway API, as well as a selection of other functions. This includes a price feeder that sends the depth of market directly to the MT5 server, as well as an order module that forwards MT5 orders to HUBECN’s core engine.
Dmitry Batashvili, CEO of HUBECN LLC, commented on the release: "Any type of liquidity provider including financial exchanges is configurable in the HUBECN gateway for MetaTrader 5. This innovation allows us to provide brokers with leading technologies for connecting to global liquidity.”
“By doing this, we are following the market efficiency and transparency principles. Considering the continuing expansion of the amount of MetaTrader 5 brokers, we believe the demand from institutional clients will be high,” he added.
HUBECN LLC has become the latest platform provider to integrate MetaTrader 5 (MT5) into its solutions suite. More specifically, the group will deploy the MT5 FIX Bridge into its existing HUBECN engine, enabling brokers to link up with hundreds of 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 providers.
The London Summit 2017 is coming, get involved!
[gptAdvertisement]
HUBECN engine’s adoption of the MT5 FIX Bridge will greatly expand the amount of liquidity providers that brokers can connect to. This will help brokers not only aggregate quotes but also enable the routing of orders according to the Best Bid and Offer (BBO) rules. The initiative has also transpired during a gradual industry shift towards the MT5 platform and its accompanying framework. Up until now, HUBECN only supported MT4 functionality, including the MT4 FIX Bridge.
Indeed, HUBECN decision to support MT5 FIX Bridge is a further nod to the growing market penetration of the platform, which has secured an uptick in use amongst retail brokerages over the past six months. This has in turn been facilitated by a push from MetaQuotes itself, which has sought to roll out multiple incentives, updates, and builds in H1.
The extension is also important to brokers as they can tap into a list of leading liquidity providers, including such names as Currenex, Integral, Hotspot, LMAX, CFH, SwissQuote Bank, ADS Securities, Sucden Financial, Advanced Markets, FXCM, TopFX, Think Markets and other groups.
Moreover, institutional clients are also eligible to set any instruments offered by liquidity providers, including such asset classes as FX, stocks, futures, Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw , and derivatives. HUBECN’s newly enhanced bridge will also utilize the standard MT5 Gateway API, as well as a selection of other functions. This includes a price feeder that sends the depth of market directly to the MT5 server, as well as an order module that forwards MT5 orders to HUBECN’s core engine.
Dmitry Batashvili, CEO of HUBECN LLC, commented on the release: "Any type of liquidity provider including financial exchanges is configurable in the HUBECN gateway for MetaTrader 5. This innovation allows us to provide brokers with leading technologies for connecting to global liquidity.”
“By doing this, we are following the market efficiency and transparency principles. Considering the continuing expansion of the amount of MetaTrader 5 brokers, we believe the demand from institutional clients will be high,” he added.