Tradency's Integration with X Open Hub Pays off - XTB Launches Mirror Trader
- The Polish financial derivatives brokerage X-Trade Brokers (XTB) now offers the Mirror Trader service to its clients. Tradency integrated its copy trading platform with X Open Hub back office last July.
The copy trading software provider, Tradency, announced today a new collaboration with the European brokerage house X-Trade Brokers (XTB) which has launched the Mirror Trader service it provides.
The implementation of the Mirror Trader platform adopted by XTB is powered by X Open Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term backend technology. In July 2013, Tradency announced that it had integrated its Mirror Trader with X Open Hub’s back office and trading engine following MetaQuotes' warning urging brokers and traders to desist from using third party copy Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term providers, which the Russian firm had accused of hacking its protocols.
XTB, founded in Poland in 2002, offers trading in financial derivatives mainly through X Open Hub. Mr. Jakub Maly, CEO of XTB, said in the announcement: “We have been looking to add Mirror Trading to our official social trading offering for quite some time now. We were delighted due to the fact that X OpenHub enabled us to swiftly implement Mirror Trading solution."
Oz Golan, Tradency’s VP Sales, commented on the announcement: “We are happy to add XTB to our growing list of worldwide brokers. Mirror Trader has the proven ability to increase activation and extend client lifespan even in tough market conditions as we have been experiencing over the last couple of months. These Mirror Trader integral benefits, without any doubt, will benefit all - XTB, Tradency and the traders.”
The copy trading software provider, Tradency, announced today a new collaboration with the European brokerage house X-Trade Brokers (XTB) which has launched the Mirror Trader service it provides.
The implementation of the Mirror Trader platform adopted by XTB is powered by X Open Hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term backend technology. In July 2013, Tradency announced that it had integrated its Mirror Trader with X Open Hub’s back office and trading engine following MetaQuotes' warning urging brokers and traders to desist from using third party copy Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term providers, which the Russian firm had accused of hacking its protocols.
XTB, founded in Poland in 2002, offers trading in financial derivatives mainly through X Open Hub. Mr. Jakub Maly, CEO of XTB, said in the announcement: “We have been looking to add Mirror Trading to our official social trading offering for quite some time now. We were delighted due to the fact that X OpenHub enabled us to swiftly implement Mirror Trading solution."
Oz Golan, Tradency’s VP Sales, commented on the announcement: “We are happy to add XTB to our growing list of worldwide brokers. Mirror Trader has the proven ability to increase activation and extend client lifespan even in tough market conditions as we have been experiencing over the last couple of months. These Mirror Trader integral benefits, without any doubt, will benefit all - XTB, Tradency and the traders.”