MetaTrader 5 Trading Platform Certified by Chicago Mercantile Exchange (CME)
LIMASSOL, Cyprus, April 3, 2013 /PRNewswire/ –
Today, MetaQuotes Software Corp., developer of the MetaTrader 5 trading platform, has
announced the official certification of the platform by the Chicago Mercantile Exchange
Now, CME brokers have the opportunity to use MetaTrader 5 when dealing with their
customers at CME.
The certification awarded officially denotes that MetaTrader 5
[http://www.metatrader5.com ] meets all the technical requirements set by CME in relation
to futures trading. The trading platform connects to the exchange via a specially
developed gateway that ensures correct handling of market data, as well as trading
operations and generates reports as required by CME [http://www.cmegroup.com ].
Apart from CME, the trading platform has already been certified by a number of various
world exchanges. However, the platform has evolved beyond exchange certifications. During
the first two months of this year, two brokers at Moscow Exchange [http://rts.micex.ru/en
] have already launched MetaTrader 5 for Live trading. More brokers are preparing to offer
Live trading very soon on the exchange through MetaTrader 5.
Stock exchange traders’ response to the MetaTrader 5 trading platform that previously
associated the platform only with Forex market, appeared to be very positive. The platform
major advantages as per trader feedback so far include high performance, a wide range of
analytical functionality and the ability to use advanced solutions in the field of mobile
and automated trading.
“MetaTrader 5 has appeared to be a very good choice for us,” comments Alexander
Dubrov, Head of Internet Trading in Otkritie Financial Corporation [http://www.open.ru/en
]. “The back office solution is the best we have seen and the interface is very
user-friendly. Judging by the first positive feedback from traders, the trading platform
has a promising future.”
Having completed the CME certification, MetaQuotes Software Corp. now intends to focus
on brokerage companies that are members of CME. “Realizing that the launch of a new
platform can be quite challenging for a broker, we proactively offer our assistance and
support to stock market participants,” says Gaies Chreis, COO of MetaQuotes Software Corp.
“It is certainly a complex process that requires time but based on the traders’ feedback
so far, we stand a good chance.”
In addition, the company keeps working on the integration of its platform with other
world exchanges. In the next two months, the company is planning to complete the
certification for TURKDEX [http://www.turkdex.org.tr/VOBPortalEng/HomePage.aspx ] and
Warsaw Stock Exchange [http://gpw.pl/root_en ].
About the Company
Established in 2000, MetaQuotes Software Corp. has been developing trading platforms
for financial markets under the MetaTrader trademark. It is internationally known as a
leader in the Forex software market. MetaTrader trading platforms are currently used by
more than 600 brokerage companies and banks all over the world. The new platform,
MetaTrader 5, was developed by the Company with a focus on stock markets and is now
actively promoted to various world exchanges.
SOURCE MetaQuotes Software Corp.