Forex Brokers news
Choice FX platform currently has more than 20 connections to different liquidity vendors in the industry, that are ready to go at a moments notice.
Here is a list of some of feeds available right now:
- Barclays
- CAX
- Citibank
- Currenex
- Deutsche Bank
- Dresdner Bank
- FXDD
- FXCM
- IFX Markets
- JPMorgan
- Goldman
- Lava
- Lehman
- Merrill Lynch
- Morgan Stanley
- Hotspot Institutional
- Hotspot Retail
- UBS
- Saxo Bank
- Scandi Bank
ChoiceFX also has functionality that can make all of this liquidity available in the Metaquotes system, via a ChoiceFX for Metaquotes pricing component.
Over the years, starting with Deutsche Bank in 2001, when we were the first technology provider to establish a digital connection to the Bank, we have amassed a great deal of experience in building and using these technologies, in the way various feeds might perform under different circumstances. This knowledge allows us to build new connections very quickly and efficiently, as well as run existing feeds in the most suitable manner for our clients.
There is also a software component available to users that allows to export ChoiceFX prices into an MS Excel Spreadsheet.
One of the fastest growing segments of the financial industry as a whole and Forex market in particular is automated trading. ChoiceFX as a platform is uniquely suited for proprietary trading, for any financial entity that wishes to implement its own black box strategy or develop a unique automatic trading system.
ChoiceFX is an electronic currency trading platform that is able to accommodate multiple liquidity vendors within one system. ChoiceFX currently has about 20 working connections to various liquidity providers in the industry. By sourcing all of this pricing in one system, our platform is able to create one synthetic bid/offer pair with very tight spreads which represents the best amongst all of the competing sources.
Secondly, ChoiceFX now offers to its existing and potential customers a proprietary API technology that gives users access via a single connection to:
- synthetic tradable liquidity with very tight spreads
- real-time access to complete account information
- access to historical pricing data ability to create and modify 3 different types of stops, including trailing stops, as well as take profit orders
- trading at market and/or with a specified slippage
When trading via the API users are able to take advantage of the fast execution times, under 100ms for complete trade execution on the server and very tight spreads.
ChoiceFX is also able to accommodate most if not all business models that are currently used in the industry, from multi-dealer to single dealer, various mechanisms of charging customer fees, and so on.
The API distribution package includes detailed documentation on its usage, as well as a Sample application that demonstrates its functions.