Boston Technologies put its name on the map by being the first technology firm to develop and successfully launch the “MT4 Liquidity Bridge.”  In the simplest terms, our technology allows for a trade originating in the Metatrader 4 (MT4) platform to be executed by an external liquidity provider.  To leave the explanation at that, however, would be doing our technology a disservice.  The software we pioneered offers a variety of features making Boston Technologies the industry leader in cutting edge technology geared towards the foreign exchange (FX) market.  

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What Makes Boston Technologies' MT4 Bridge Unique?

Boston, MA March 14, 2011

Boston Technologies put its name on the map by being the first technology firm to develop and successfully launch the “MT4 Liquidity Bridge.”  In the simplest terms, our technology allows for a trade originating in the Metatrader 4 (MT4) platform to be executed by an external liquidity provider.  To leave the explanation at that, however, would be doing our technology a disservice.  The software we pioneered offers a variety of features making Boston Technologies the industry leader in cutting edge technology geared towards the foreign exchange (FX) market.

Diagram of Boston Technologies' MT4 Bridge

Execution

 

Parallel Processing – The Boston Technologies Liquidity Bridge is able to process up to 99 simultaneous trades per instance of the software.  Designed with scalability in mind, the bridge is fully capable of handling bursts of order flow that happen around economic announcements or originate from signals generated by EAs.  

Multiple Fills – Boston Technologies' Liquidity Bridge is able to process multiple executions for a single order at multiple, discreet execution prices.  Large orders sent through the bridge are handled across different providers and prices; to simplify the process these orders are displayed in the customer terminal by a single volume weighted average price.

Partial Closing of Orders – Trades executed through the MT4 Liquidity Bridge can be closed either completely or partially. The ability to partially close a position is beneficial not only to those running EAs but also to traders whose money management strategy relies on this option—any broker offering this feature will be more attractive to these types of traders. 

Multiple Feeds – The ability to offer multiple feeds across customer accounts allows users of the MT4 Liquidity Bridge greater flexibility in terms of pricing levels.  These levels can be applied as a blanket setting across all symbols or can be customized for a specific pair, or group of currency pairs.        

Additional Order Types – The MT Liquidity Bridge fully supports both the “Close By” and “Multiple Close By” order types.  These orders are primarily used by traders with hedged positions.  When closing a hedged trade using the “Close By” option, a trader avoids paying an additional spread to liquidate the position.

 

Risk Management

 

Rules Engine – The rules engine is a powerful tool that provides the user with a framework for managing how trading behavior is processed.  Rather than dealing with risky scenarios after the fact, brokers using the rules engine are able to take preemptive action, resulting in a better customer experience.  The versatility of the rules engine offers brokers customizable solutions for the various challenges they face in their day-to-day operations.       

Minimum/Maximum Spread – This feature allows the broker greater flexibility in pricing, making it easier to project and predict monthly revenue.

Slippage Customization – Brokers looking to gain an edge over the competition have the ability to offer positive slippage to traders with the use of this option.

 

Accounting 

 

Reporting – All necessary trade data is recorded and readily accessible to customers via Boston Technologies' web- based Back Office software.  This feature eliminates the need for a third party reporting solution or concern regarding the accessibility of trading data.  Additionally, analytics on the execution impact for the brokerage are also available.      

Synchronization of Data – The MT4 Liquidity Bridge is able to convert MT4 trades into transactions native to a broker’s proprietary back office system.  Our technology offers its users a standardized accounting system without the need for additional integration.  A further benefit of this feature is the ability for our technology to mirror actions made by a broker’s proprietary customization—changes made on the client’s back office will automatically be reflected in MT4.

 

Interested in learning more?

 

Our Business Intelligence team would be happy to speak with your firm about licensing our bridge technology. Please contact us via email at info@bostontechnologies.com or simply fill out the contact page to the left.

Posted March 14, 2011 by Jonathan Baumgart