FastMatch Liquidity Integrated to MetaTrader 5

Monday, 19/08/2013 | 13:39 GMT by Ron Finberg
  • It’s apparently MetaTrader 5 day today. Shortly after stating that the platform was certified by the ASX to be offered by brokers, MetaQuotes has announced the integration of FastMatch liquidity.
FastMatch Liquidity Integrated to MetaTrader 5
fastmatch logo

It’s apparently MetaTrader 5 day today. Shortly after stating that the platform was certified by the ASX to be offered by brokers, MetaQuotes has announced the integration of FastMatch Liquidity . FastMatch, is an FX ECN that is primarily owned by Credit Suisse and FXCM. The core of the product is that it operates based on separate trading rooms for different types of order flow, such as retail, general, or interbank. The generic retail trading room uses order driven trading and is based on matching technology created for the equities industry.

With the integration, MetaTrader 5 brokers will have access to FastMatch liquidity for their clients. Other liquidity partners that integrate for the platform include Hotspot FX, CitiFX’s Tradestream, and Integral’s FX Grid. As opposed to the MT4 platform that requires the use of Liquidity Providers to access tradable feeds from third parties, MT5 was built to provide API access to external liquidity sources.

In terms of new client based features, MT5 has been the test ground for releasing products before they reach MT4. Recently this was seen with the firm’s iPhone app and signal trading. In addition, MetaQuotes announced that it would be adding certain features of the MQL5 code to MQL4. The firm also released an MT4 to MT4 gateway to provide brokers the ability to access external liquidity without the use of bridge technology. As such, it will be interesting to see if the current increase in MT5 liquidity features will lead to similar features being launched for MT4 as well.

fastmatch logo

It’s apparently MetaTrader 5 day today. Shortly after stating that the platform was certified by the ASX to be offered by brokers, MetaQuotes has announced the integration of FastMatch Liquidity . FastMatch, is an FX ECN that is primarily owned by Credit Suisse and FXCM. The core of the product is that it operates based on separate trading rooms for different types of order flow, such as retail, general, or interbank. The generic retail trading room uses order driven trading and is based on matching technology created for the equities industry.

With the integration, MetaTrader 5 brokers will have access to FastMatch liquidity for their clients. Other liquidity partners that integrate for the platform include Hotspot FX, CitiFX’s Tradestream, and Integral’s FX Grid. As opposed to the MT4 platform that requires the use of Liquidity Providers to access tradable feeds from third parties, MT5 was built to provide API access to external liquidity sources.

In terms of new client based features, MT5 has been the test ground for releasing products before they reach MT4. Recently this was seen with the firm’s iPhone app and signal trading. In addition, MetaQuotes announced that it would be adding certain features of the MQL5 code to MQL4. The firm also released an MT4 to MT4 gateway to provide brokers the ability to access external liquidity without the use of bridge technology. As such, it will be interesting to see if the current increase in MT5 liquidity features will lead to similar features being launched for MT4 as well.

About the Author: Ron Finberg
Ron Finberg
  • 1983 Articles
  • 8 Followers
About the Author: Ron Finberg
Ron Finberg, a specialist in regulatory issues, brings clarity and depth to finance news
  • 1983 Articles
  • 8 Followers

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