MetaQuotes Software Corp, a developer of software applications for financial markets, Monday announced the integration of its MetaTrader 5 Forex Trading Platform with Integral Development Corp's FX Grid.
The FX Grid is a multi-sided trading technology which connects active market participants with all major sources of FX liquidity. The integration would give brokers, who use MetaTrader 5, access to one more liquidity platform in the Forex market, a press release from the company said.
The connection of MetaTrader 5 with diverse sources of liquidity on FX Grid will give brokers additional means to cover risk and traders can access better prices, according to the release.
We have tried to offer the best Forex liquidity providers to our customers, said Gaies Chreis, COO of MetaQuotes Software Corp.
Having introduced the MetaTrader 5 Integral Gateway in our trading platform, we believe that we've given a sufficiently wide choice to our customers, and they will have no problem choosing the one that suits their needs. Now we want to focus on the MetaTrader 5 integration with exchanges, he said.
MetaTrader 5 has already been integrated with a number of different stock exchanges around the world like Dubai Gold and Commodities Exchange, Singapore Mercantile Exchange and RTS.