Currenex Partners with oneZero to Deliver Liquidity Bridge for MT4 Brokers
- Currenex has entered a strategic partnership with oneZero Financial Solutions in order to provide bridging technology for MetaTrader 4 brokers and FX Traders.
ECN FX technology provider Currenex has entered a partnership with oneZero Financial Systems in order to provide a 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 Read this Term bridge for brokers using the MetaTrader 4 platform.
Andrew Ralich
CEO, oneZero
Based on oneZero technology, the new Currenex Liquidity Bridge provides direct STP capabilities from the MetaTrader 4 platform to Currenex’s liquidity pools and trading platforms.
The rationale behind this is to enable MetaTrader 4 to operate without the need for a third-party developed solution, and to facilitate the incorporation of parallel processing and low latency order routing capabilities as well as customized liquidity streams, spread groups and order mapping from MetaTrader 4.
Andrew Ralich, CEO of oneZero, spoke to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates today in order to clarify what the company aims to achieve via Currenex's adoption of the oneZero bridge. " We are certainly very excited to be partnered with Currenex. From our perspective, their OEM adoption of our technology validates oneZero as a leader in the bridging space, and also that our technology is capable of handling the institutional trading volumes that you see from participants on a platform like Currenex."
"We feel that brokers looking for add-ons to the MetaTrader 4 platform, specifically bridging and aggregation, have a lot of options and I am confident that a combined, certified offering from two industry leaders should help both brokers and MetaQuotes focus on supporting solutions that are as scalable and ubiquitous as MT4 itself," continued Mr. Ralich.
Whether the cost per million will be similar to that of other bridge applications has not yet been divulged, with Mr. Ralich explaining that, "The commercial terms of this deal are confidential but the way this will be presented to brokers is as a bundeled offering, which will help address "contractual sprawl" that exists when a broker usually needs to sign with two providers to accomplish a combined Bridge / ECN solution via Currenex."
ECN FX technology provider Currenex has entered a partnership with oneZero Financial Systems in order to provide a 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 Read this Term bridge for brokers using the MetaTrader 4 platform.
Andrew Ralich
CEO, oneZero
Based on oneZero technology, the new Currenex Liquidity Bridge provides direct STP capabilities from the MetaTrader 4 platform to Currenex’s liquidity pools and trading platforms.
The rationale behind this is to enable MetaTrader 4 to operate without the need for a third-party developed solution, and to facilitate the incorporation of parallel processing and low latency order routing capabilities as well as customized liquidity streams, spread groups and order mapping from MetaTrader 4.
Andrew Ralich, CEO of oneZero, spoke to Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates today in order to clarify what the company aims to achieve via Currenex's adoption of the oneZero bridge. " We are certainly very excited to be partnered with Currenex. From our perspective, their OEM adoption of our technology validates oneZero as a leader in the bridging space, and also that our technology is capable of handling the institutional trading volumes that you see from participants on a platform like Currenex."
"We feel that brokers looking for add-ons to the MetaTrader 4 platform, specifically bridging and aggregation, have a lot of options and I am confident that a combined, certified offering from two industry leaders should help both brokers and MetaQuotes focus on supporting solutions that are as scalable and ubiquitous as MT4 itself," continued Mr. Ralich.
Whether the cost per million will be similar to that of other bridge applications has not yet been divulged, with Mr. Ralich explaining that, "The commercial terms of this deal are confidential but the way this will be presented to brokers is as a bundeled offering, which will help address "contractual sprawl" that exists when a broker usually needs to sign with two providers to accomplish a combined Bridge / ECN solution via Currenex."