Trading Platforms
We offer to our customers choice of two trading platforms.
Metatrader 4
MetaTrader 4 Client Terminal has been created to provide trade operations and technical analysis in real time mode, when working at Forexl market. A wide range of orders allows flexible management of trading activities. As well as many technical indicators and line studies, there is built-in language for trade strategies programming MetaQuotes Language 4. Using this language, you can create Expert Advisors, Custom Indicators and Scripts. Expert Advisors can analyze the situation on the market, make decisions, put pending orders, and open positions in on-line mode without trader’s participation. Custom Indicators, just like technical ones, can analyze the situation on the market and generate various signals. As for Scripts, they are designed for single execution of some actions.
MetaTrader 4 Client Terminal key features:
Trading conditions
Currenex platform
Live, streaming, executable bids and offers are available for instant execution on our Currenex trading platform. Spot prices (in your chosen currency pairs) are displayed and refreshed in real-time, and users can trade multiple order types including Market, Limit, Stop, Reserves (Iceberg & Hidden), and Pegged with different expiry conditions. Client-defined bank lists allow clients to direct their requests to multiple counterparties simultaneously. Furthermore, Currenex lets users split and roll trades across multiple accounts and dates with the ability to place orders and chat directly with a bank.
Recent ESP™ Order Enhancements
Advanced Orders include conditional orders and pegged orders. They are unique in that the order is managed by a new advanced order service that will act as an intermediary between the trader and the market. This service will act as a holding place for orders that aren’t yet marketable, such as legs of If Done or If Done OCO orders. The service will also manage the rate changes necessary to keep pegged orders at the appropriate market rate.
Stop Orders
a. Stop Triggers
b. Stop Limit Orders
Conditional Orders
a. Conditional Order – If Done Orders
b. Conditional Order – One Cancels Other (OCO)
c. If Done OCO
Pegged Orders
a. Pegged Order - Offsets
b. Pegged Order - Discretion.
c. Pegged Order - At-Or-Better.
d. Pegged Order - Protected Peg.
Other Enhancements
a. Partial Fill
b. Minimum Amounts
Net & Roll Enhancement
A new interface allows customers to net multiple spot trades of a single currency pair and value date down to a single exposure, and then roll this position forward utilizing a Swap RFS trade. The near leg of the swap will offset the original trade(s). The Swap RFS can be submitted to the original bank or to a group of banks if the customer is in a multi-bank environment. By utilizing Net & Roll, customers can receive competitive rates for their roll transactions.
VWAP
The VWAP feature provides enhanced quote information for the New York, London and Tokyo markets. VWAP is the Volume Weighted Average Price and is calculated as a 5 minute rolling average. It is found to the right of the big figure. VWAP also provides the open, high, low and close for the top ten currency pairs. The opening and closing is the VWAP at 8:00 AM and 5:00 PM local time, respectively, for each market.
Staged Orders
Staged Orders is a new order upload and order management system for clients who require specific risk controls in their FX trading platform. Order staging creates separate and independent roles. A “Submitter” has the ability to upload Staged Orders (parent) to the Currenex platform but does not have the ability to submit orders to the Currenex marketplace for execution. A “Trader” can select a Staged Order to ‘work’ and then create a Trading Order (child) for execution. A Trader cannot upload Staged Orders, and trading privileges are restricted to entering only Trading Orders linked to previously submitted Staged Orders.
Trading conditions
