Alpari Announces NDD ECN Technology Powering its MT4 Platform, Expects Trading to Increase

Alpari (UK) Limited, one of the leading global providers of online foreign exchange, precious metals and CFD trading services has announced the launch of its own proprietary Non Dealing Desk (NDD) Electronic Communications Network (ECN) technology which will be available to all clients trading on the MT4 platform offered by Alpari.

The new ECN platform from Alpari integrates directly with 17 top-tier Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term providers such as global banks, funds, financial institutions, as well as other ECN’s making them compete anonymously for execution by offering clients tighter spreads.

Located within the same Equinox data center in London (LD4) as the Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term, enables Alpari UK the benefit of being co-located to the sources where prices originate in order to offer clients faster trade executions. The new NDD ECN technology from Alpari UK will give its clients prices that accurately reflect true market conditions and will be available across Micro, Classic and MT4Pro account types. The company expects the level of customer satisfaction to increase according to the announcement, as deep liquidity and no limits on scalping are part of an overall transparent trading experience.

The news follows several large changes within the brand including changes in its US and German operations.

Daniel Skowronski, Chief Executive Officer at Alpari (UK)Limited, commented in the broker's public statement, “We are constantly enhancing our product and infrastructure to give clients the best trading experience possible. Our new ECN enables Alpari UK to provide highly competitive pricing and faster execution for our clients.”

According to the release, the association of Alpari companies had reported several months of record trading volumes during 2013, and expects the new ECN improved pricing and faster execution to contribute to further significant increases in trading activity. The launch of the new ECN technology, which will enable a No Dealing Desk environment for traders, has followed a series of recent product launches by the firm including Newsroom and Trader Connect.

Although Alpari's US Entity is still listed as a regulated Forex Dealer Member with the NFA as of publication, the regulatory capital that will be freed as a result of Alpari's exit from the US market (and subsequent withdrawal from NFA or downgrading of its license to that of on IB) should enable the firm to re-focus company efforts in markets where a larger concentration of existing clients is and new markets where it can enter. The challenges in the US were shared in a previous discussion following recent events, as explained to Forex Magnates.