New Bridge on the Block! Advanced Markets and Fortex collaborate to launch state of the art MT4 Bridge
by
Adil Siddiqui
Advanced Markets a leading provider of foreign exchange direct market access (DMA) and Fortex, a leading independent developer of real-time, multi-asset trading platforms, announced the release of UltiMT, a technology, Liquidity and credit offering that enables banks and brokers to provide MetaTrader front-end system traders with direct, high-speed access to multibank foreign exchange and precious metals pricing and trade executions.
Although Advanced Markets and Fortex collaborate for some time already the announcement is made now as both companies launch their mutual offering - UltiMT. This continues the trend we are witnessing in past couple of years of forex brokers licensing their solutions to other brokers.
The technology at the core of the new offering is a Fortex platform that supports all trading, credit, liquidity, Risk Management, reporting and other functionality in a single solution. UltiMT can process trades entered via MetaTrader front ends in under 10 milliseconds and delivers additional performance and opertational benefits.
In contrast, competing solutions spread these functions across multiple, disparate platforms, bridges and applications, creating significant compatibility, operational complexity and integration issues to the detriment of system performance, stability and speed.
"UltiMT's unified system architecture is major leap forward that supports MetaTrader banks and brokers with extensive operational, risk management and trading advantages unrivalled by other offerings," said Daniel Chen, Fortex's CEO and founder. "Moreover, the combination of this leading edge platform with Advanced Markets' multibank DMA liquidity pool creates powerful new opportunities for MetaTrader banks, brokers and their trading customers."
UltiMT is an enterprise grade product that provides high performance, high availability and scalability. The solution accepts all MetaTrader order types, supports Expert Advisor and enables comprehensive order flow and position management through a streaming user interface and comprehensive back-office suite.
To complement this leading edge technology platform, Advanced Markets enables UltiMT traders to directly access live, executable FX and precious metals prices streamed by more than 10 leading foreign exchange banks. Advanced Markets' liquidity protocol enables traders to trade instantly on bank prices without the rates being spread, subject to fixed spreads or manipulated in any way.
To date, UltiMT has been extensively tested with select brokers and banks globally.
UltiMT's robust technolgy reflects Fortex's experience working with MetaTrader and Advanced Markets. Fortex built the first MetaTrader bridge in 2003. In operation, the Fortex Bridge has consistenly processed more than $12 billion in average daily trading volume and more than 5.5 million tickets monthly. Fortex's Multibank Portal has been in use at Advanced Markets FX since 2009, providing low-latency trade executions and an ultra-low rejection rate (less than 0.05 per cent) with near-perfect uptime performance.
"We have worked closely with Fortex for years to deliver professional quality direct market access liquidity to spot FX brokers and traders," said Anthony Brocco, CEO of Advanced Markets. "Our first-hand experience with their best-in-class technology and operating infrastructure as well as their deep experience building and operating MT solutions made Fortex the clear technology solution for the UltiMT MetaTrader platform."
Advanced Markets a leading provider of foreign exchange direct market access (DMA) and Fortex, a leading independent developer of real-time, multi-asset trading platforms, announced the release of UltiMT, a technology, Liquidity and credit offering that enables banks and brokers to provide MetaTrader front-end system traders with direct, high-speed access to multibank foreign exchange and precious metals pricing and trade executions.
Although Advanced Markets and Fortex collaborate for some time already the announcement is made now as both companies launch their mutual offering - UltiMT. This continues the trend we are witnessing in past couple of years of forex brokers licensing their solutions to other brokers.
The technology at the core of the new offering is a Fortex platform that supports all trading, credit, liquidity, Risk Management, reporting and other functionality in a single solution. UltiMT can process trades entered via MetaTrader front ends in under 10 milliseconds and delivers additional performance and opertational benefits.
In contrast, competing solutions spread these functions across multiple, disparate platforms, bridges and applications, creating significant compatibility, operational complexity and integration issues to the detriment of system performance, stability and speed.
"UltiMT's unified system architecture is major leap forward that supports MetaTrader banks and brokers with extensive operational, risk management and trading advantages unrivalled by other offerings," said Daniel Chen, Fortex's CEO and founder. "Moreover, the combination of this leading edge platform with Advanced Markets' multibank DMA liquidity pool creates powerful new opportunities for MetaTrader banks, brokers and their trading customers."
UltiMT is an enterprise grade product that provides high performance, high availability and scalability. The solution accepts all MetaTrader order types, supports Expert Advisor and enables comprehensive order flow and position management through a streaming user interface and comprehensive back-office suite.
To complement this leading edge technology platform, Advanced Markets enables UltiMT traders to directly access live, executable FX and precious metals prices streamed by more than 10 leading foreign exchange banks. Advanced Markets' liquidity protocol enables traders to trade instantly on bank prices without the rates being spread, subject to fixed spreads or manipulated in any way.
To date, UltiMT has been extensively tested with select brokers and banks globally.
UltiMT's robust technolgy reflects Fortex's experience working with MetaTrader and Advanced Markets. Fortex built the first MetaTrader bridge in 2003. In operation, the Fortex Bridge has consistenly processed more than $12 billion in average daily trading volume and more than 5.5 million tickets monthly. Fortex's Multibank Portal has been in use at Advanced Markets FX since 2009, providing low-latency trade executions and an ultra-low rejection rate (less than 0.05 per cent) with near-perfect uptime performance.
"We have worked closely with Fortex for years to deliver professional quality direct market access liquidity to spot FX brokers and traders," said Anthony Brocco, CEO of Advanced Markets. "Our first-hand experience with their best-in-class technology and operating infrastructure as well as their deep experience building and operating MT solutions made Fortex the clear technology solution for the UltiMT MetaTrader platform."
Noel Quinn's Surprise Exit Marks End of an Era at HSBC
Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
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#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africaβs premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now π https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
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Register now to secure your spot: https://bit.ly/3JbUpCK
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Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 - Africa's Premium Financial Event
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Looking to expand your network in #Africa?
Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Where the Prop Trading Industry Goes from Here | Finance Magnates Podcast
Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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Explore the tumultuous world of prop trading in this Finance Magnates podcast episode, featuring insights from Head of Axi Select, Greg Rubin.
We're discussing the challenges and shifts caused by MetaQuotes' pivotal decisions affecting MT4 and MT5 users, and how Axi Select offers a unique, realistic path to professional trading, steering clear of traditional prop firm pitfalls.
Tune in for expert analysis on the future of trading and innovative funding models.
The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available for AU, NZ, EU and UK residents. For more information, refer to our Terms of Service. Standard trading fees apply.
This content is provided solely for general informational purposes and should not be construed as financial product advice or an investment recommendation. It has been prepared without considering your personal circumstances.
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