In another innovative release, Fair Trading Technology has just announced the deployment of their upgraded T3 Execution Bridge which now supports two-way trade execution. Up until now Metatrader has only been used as a tool to send orders, but now it can receive them as well.
Fair Trading Technology has just announced another upgrade of their T3 Execution Bridge. Traders can now execute trades either on the metatrader or the ECN platform and the trades and positions will sync to both.
“Even the best Metatrader bridges have long been plagued with order discrepancies in the back end. This could be due to connectivity, reduction of position sizes, or anything that Metatrader is not natively equipped to handle. With two-way execution basically if it happens on one side, it will happen on the other and the result is zero discrepancies.” says Fair Trading Technology Co-Founder and longtime trader McLean Van Cleve.
Fair Trading Technology’s Co-founder and CEO Tim Håman adds, “This represents the first time the Metatrader and ECN markets have been connected in this manner. No longer does the client have to be limited to one trading platform. The client can now utilize the best attributes of any offered platform and have them operate together in a seamless fashion.”
This means that you can trade either from the Metatrader 4 (and soon Metatrader 5) client, the Dukascopy Jforex client, the Dukascopy iPhone app, or Fair Trading Technology’s upcoming iPhone application and have all platforms synced in real time, all of the time.
Fair Trading Technology is a technology provider of transparent trading platforms. It is the first company ever to deliver a totally transparent Metatrader to true ECN trading bridge with two way-execution at the world’s largest Swiss ECN, the SWFX Marketplace of Dukascopy Bank.
Dukascopy Bank SA is one of the leaders in the foreign exchange industry, specialised in spot forex. It aims at fulfilling market needs for advanced technological solutions to traders. Dukascopy Bank Sa has integrated liquidity of the world’s leading foreign exchange banks and ECNs, thanks to which it offers one of the deepest source of liquidity in the industry, resulting in tight spreads.
Press release courtesy of Online PR Media: http://bit.ly/hCc5Z8