FXecosystem Launches Strategic Network Partnership with Metamako

FXecosystem, a provider of connectivity services for the financial services industry, has partnered with network devices specialist, Metamako, helping to optimize its multilateral traffic and network capabilities, according to a recent FXecosystem statement.

The new world of Online Trading Online Trading Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Online trading represents the trading of fiat currencies, digital currencies, commodities, stocks and indices, where traders and investors intend to make a profit, via the purchase or sale of the aforementioned products. This is done through an electronic network, made accessible by brokers in the form of an online trading platform or hub.Online trading continues to see a rapid growth year on year, due to a number of reasons. Firstly, the number of brokers offering their services, with more mone Read this Term, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

FXecosystem’s latest dealings with Metamako will help streamline services available for its existing clients, specifically users of FXeco-eye, the group’s real-time network and flow operational monitoring and data visualization utility. Per the recent accord, clients will also be able to capture benefits afforded through network management and reduced latency, albeit confined to its UK offering – Fxecosystem has already unveiled plans to extend Metamako’s capacities to its US offering as well at a future date.

The accord is important for FXecosystem’s users as it helps them Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term both inward and outbound traffic across their entire network. Furthermore, the capabilities granted by Metamako will also help garner dynamic patching or remote reconfiguring, effectively giving a more visible and transparent approach to clients’ network.

According to James Banister, Chief Executive Officer (CEO), FXecosystem, in a recent statement on the partnership: “Metamako devices are a game changer for Managed Service Providers and FXecosystem is pleased to be at the forefront of this. We’ve implemented Metamako as part of our strategy of continual investment to provide a market leading service to banks, brokers and hedge funds."

“One of the catalysts for deploying Metamako was to help our clients to ‘tap’ into all the data sets they require to meet their current and future regulatory demands. MiFID II regulations, for example, will require increased scrutiny into trading flow. The Metamako devices are extremely powerful and enhance our offering to clients,” he added.

“We always knew that our clients were using our devices for much more than just latency reduction and determinism; a recent client survey proved this. The top use cases for Metamako devices include connection monitoring, tapping, timestamping and reconfigurable patch panels. We look forward to bringing these benefits to FXecosystem and their clients,” reiterated Dave Snowdon, founder and CTO of Metamako, in an accompanying statement.