Rise of the Algorithm
We at Interbank FX are seeing more and more traders using Expert Advisors and algorithms in their trading, so we decided to create this infographic about algorithmic trading in the FX market.
Source: www.ibfx.com
We at Interbank FX are seeing more and more traders using Expert Advisors and algorithms in their trading, so we decided to create this infographic about algorithmic trading in the FX market.
Source: www.ibfx.com
Alpari (US), LLC (“Alpari”), a global provider of online foreign exchange (“Forex”, “FX”) trading services, announced enhancements today to its Pro Division, AlpariFX Pro. Alpari FXPro is an advanced line of FX business that offers a competitive trading environment for professional traders as well as a variety of dynamic solutions for partners.
The AlpariFX Pro trading environment features an ideal combination of competitive pricing and liquidity from multiple tier 1 banks. Clients can choose from a variety of platforms to access to the Pro pricing model, including MetaTrader 4, Alpari Direct and Alpari Direct Pro, powered by Currenex ®. All platforms are designed for speed to market and enable trading on over 55 currency pairs.
AlpariFX Pro offers multiple partner and white label solutions for FCM/FDM equivalents, Introducing Brokers, affiliates and money managers looking to enhance their business model. Alpari offers its Introducing Brokers competitive rebates and access to a large range of products and services. Alpari provides money managers with the ability to trade multiple accounts on a platform from one account. Alpari also handles all of the post trade allocations, allowing partners to focus solely on trading and customer acquisition. The white label program is built with cost-effective turn-key solutions and is designed for flexibility. AlpariFX Pro also offers API/Algorithmic trading solutions to those looking to build and run automated strategies.
Jacob Plattner, vice president of Institutional Sales says, “While our competitive edge lies within our pricing, execution model and customized solutions for our partners, we further distinguish ourselves with a flexible offering that is driven around our customer’s needs and desires.”
Daniel Skowronski, chief executive officer of Alpari (US) also comments, “Within less than a year’s time we have been able to successfully expand our Pro Division to offer a full suite of customized business solutions tailored for individuals and partners. This establishment allows us to further drive new proprietary products and technologies into the various markets across the globe.”
Not all clouds are the same, and I am not talking about the different ones you see up in the sky. The term cloud computing has reached true buzzword status by now, with everyone having a different understanding of what it means — which by the way is one characteristic of a buzzword.
I don’t want to add to the many interpretations of cloud computing out there, rather outline the most important characteristics that in my view define it: 1) Market participants receive and deliver services over the Internet. 2) They are sharing a common pool of IT infrastructure. 3) They have the ability to easily scale these services up or down in line with how their business needs change. 4) They pay for these services in a pay-as-you-go business model and, and 5) these services are managed by a provider. If all these statements are true, you are looking at a real example of cloud computing.
Open matters
Today, Integral announced an open platform for FX. While ‘open’ to some might just be yet another buzzword, it is critically important in this context.
In FX, many trading venues are in the cloud — but private, in that they are limited to a group of market participants that the bank, broker or venue that operates it, considers favorable to reach its business goals. That by definition limits their appeal and growth, but makes them a great source of revenue for that particular provider. Any market participant however, who is on venue A and wants to connect with others in venues C and D, is required to replicate his efforts, building and managing these connections, again and again. We at Integral don’t believe this is the right solution for such a vibrant market.
Changing the economics of FX
By using Integral’s FX Grid, the FX platform already used by hundreds of customers today, and re-launching it as an open FX platform, making it accessible to non-customers and all third-party FX service providers, Integral delivers on its vision to provide the common infrastructure to integrate the fragmented world of FX today. Every participant, whether a liquidity provider, a liquidity taker, or an FX service provider, will be able to leverage this shared platform to dramatically change the ROI of their FX business.
As a neutral technology provider, our primary interest is in increasing the flow through our platform. Launching initiatives like this, that stand to grow the market, is our way of getting there.
If your goal is to simultaneously trade with counterparties on all venues— A through Z let alone C, D and E — check us out. Through our platform, you’ll be able to keep on trading on A, but as effortlessly be connected with other venues out there.
Think about it. If you were offered great deals to sign up with phone company A but only allowed to talk with people on their network, not also with people who have previously chosen phone company B or C, would you accept that? If you don’t accept it in any other business, why accept it in FX?
Jet Blue ran a number of funny commercials, filming people with a hidden camera, while putting them in positions that treated them on the ground the same they are treated while on a plane. In one, a faux NYC cab driver is trying to charge customers $25 per bag that was in the trunk, just because it was there and not a ‘carry-on’ to the back seat. In another, a street vendor gives a paying customer only a small glass of Coke but wants to keep the can for the next guy.
Jet Blue’s tag line was: If you wouldn’t take it on the ground, don’t take it in the air. My feelings exactly.
Here is your chance to read more about Integral’s open platform for FX.
Source: http://blog.integral.com
Have you ever felt you are not being updated while trading. Trading has never been easier unless you are not updated about the financial transaction. Monitoring all the financial transaction will be a daunting task if you are frequently moving in the business. Here there is an iPhone app you can certainly have to overcome all the obstacles. MetaTrader 5 iPhone app will be the answer to address the difficulties in trading. This app helps everyone who is in trading can control their accounts, trade and access financial information from your iPhone
I have tried using demo account to test the app. I would say it has got all the elements one who can check it out, interms of trading and financial transaction. All the information this app fetches are in real time so you can quickly take the decision while trading. After using this app, I have started thinking to trade in Forex. I would rather say this is a must have app for people who are trading.
Some other features MetaTrader provides:
I have seen plenty of trading platforms inside the app. People in trading will wonder after seeing those trading platforms. The charts were more interactive enough to keep pace with the changes in trading. Do you do trading, if yes, I would recommend this app to make use of the cool features and trading platforms available in the app.
Source: www.iphoneappsreviewsonline.com
Golder Markets Ltd. Unveils New Seamless Trading Experience for Forex Traders
Golder Markets Ltd., the London, UK-based global online trading and brokerage service, today announced it is launching the world’s first seamless trading share wallet that allows traders to trade multiple instruments on multiple platforms with infinite possibilities.
“Gone were the days when traders had to open one account for manual trading, one for auto trading, and another one for binary options. With At Golder Markets’ new trading shared wallet, one account will facilitate your trading Forex, CFD, Precious Metals, Commodities, Binary Options, Major Stocks and Indices,” said Marketing Director Damien Middleton.
With Golder Markets now holding the enviable position of being the world’s first brokerage firm to offer traders a seamless trading platform, forex traders will no longer need multiple accounts. “Now, one single account at Golder Markets allows trader to trade across multiple financial instruments on four different platforms,” noted Middleton.
“It is so easy and convenient, any novice trader can start trading,” he added.
With Golder Markets’ state-of-the-art trading technological platform, trading will become an integrated process that keeps in sync with the World’s most popular MetaTrader 4 (MT4), WebTrader, and Mobile Smartphone Trader.
“This new service provides the ultimate convenience for traders, whether trading at home, in office, or on the move. Now, they can have seamless interconnectivity for their trades,” said Middleton.