Products
Boston Technologies products are designed to enhance the capabilities of existing trading systems, specifically the MetaTrader 4 platform. Our array of software products provide brokerages with the ability to automatically offset risk via straight through processing, integrate the MetaTrader 4 platform into their existing back office, and provide an enhanced trading experience to their end-user.
As a worldwide leader in MT4 integration, our team has developed the expertise and means to:
- Build custom solutions to interconnect trading systems that fit your particular needs.
- Connect price and news feeds to your platform.
- Provide turn-key solutions for installing, integrating and maintaining a trading platform.
View our Frequently Asked Questions.
Boston Technologies (BT) bridges for the MetaTrader 4 platform are our turn key products. Upon purchase of a bridge BT will install it on the customer's server and apply an extensive battery of tests to ensure proper function. The bridges are built in Java and provide full logs of all the transactions they are handling for security and redundancy.
The communications between the bridges and the bank are encrypted via a VPN or a certificate protected connection.
Pre-requisites for a successful installation and an efficiently running bridge are:
- A functioning MT4 server,
- an agreement with the bank to which the bridge will be attached,
- a server running Windows Server 2003 with at least 1.0 GB of RAM and a fast internet connection. NOTE: For quicker execution of the order we recommend installing the bridge on the same machine on which the MT4 server is running. However, if the bridge requires a VPN network to the bank, such a network needs to be configured on the server and this might bring complications.
- The setup and configuration of an MT4 feeder to connect to the bridge. BT can setup and configure the feeder if customer wishes.
- The setup and configuration of a Dealer account to be used to send orders to the Bank. BT can setup and configure the dealer if the customer wishes.
- The bank connection information. The bank connection information is provided by the bank to the customer. For Dresdner this connection information is a certificate and a password the customer needs to obtain from the Dresdner website. BT can go through the procedure of obtaining the certificates for the customer. For Saxo this information is a list of IDs and passwords which are sent to you in an email. For UBS this security is also certificate based.
Once the bridges are installed they act like dealers on the MT4 platforms. The difference being that the order instead of being approved, requoted or confirmed by this dealer is simply forwarded to the bank (Dresdner, Saxo, UBS, etc.), and the result of the forward is given back to the MT4 Server.
The bridges are handling instant orders and pending orders as well as order modification, take profit, and stop loss. The bridges are not handling request orders.
Each time an order is sent to the bank, the order is logged in an account in the MT4 platform. The account is in the coverage group (this account and group need to be created and configured according to the MT4 documentation). This allows the managers to see the exposure of the company in the exposure tab in the manager software.
The bridge execution speed varies between 100 ms, if installed on the same server as the MT4 server and the client software, to 1500ms if the client software, the MT4 server, the bridge and the bank are on different continents.
For more information please contact our technical sales at: sales@BostonTechnologies.com