Tuesday, 25 November 2008

PFGBEST.com and Integral Partner on Technologies to Give Forex Brokers and Customers Access to Multi-Bank Liquidity

Not our usual trading news but interesting all the same. (Be lucky)

PFGBEST.com and Integral Development Corp. (Integral) announce their partnership to provide customers with private, branded FX trading technology solutions to access multi-bank liquidity.Integral's technologies aggregate prices from a number of banks, and provide these to PFGBEST.com retail brokers, dealers and customers through the PFGBEST.com MetaTrader4 (MT4) retail trading platform. This platform is bridged to Integral's FX Grid®, global Multi-sided Trading Facility (MTF). The solution is designed to help retail brokerage firms and Introducing Brokers (IBs) gain access to forex market liquidity and then to stream the aggregated prices to their respective clients.

The PFGBEST.com MT4 platform has been used by several hundred retail forex brokers and dealers and to meet strong market demand, was recently made more broadly available to PFGBEST.com brokers and clients.PFGBEST.com President and Chief Operating Officer Russ Wasendorf, Jr., said, "This agreement allows forex brokers to bypass single-source pricing systems in favor of direct market access to multi-bank liquidity from the FX Grid®. Access to that liquidity has universal appeal to most institutions, funds and professional traders. The retail trading platform supplied by PFGBEST.com - MT4 - is highly configurable to work for a whole host of FX trading models."

Read the full article here

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