MetaTrader 5 Trading Platform Certified by Chicago Mercantile Exchange (CME)
We are pleased to announce the official certification of the MetaTrader 5 trading platform by the Chicago Mercantile Exchange (CME). Due to this, CME brokers now have the opportunity to use MetaTrader 5 when dealing with their customers at CME.
The certification awarded officially denotes that MetaTrader 5
meets all the technical requirements set by CME in relation to futures
trading. The trading platform connects to the exchange via a specially
developed gateway that ensures correct handling of market data, as well
as trading operations and generates reports as required by CME.
Apart from CME, the trading platform has already been certified by a number
of various world exchanges. However, the platform has evolved beyond
exchange certifications. During the first two months of this year, two
brokers at Moscow Exchange have already launched MetaTrader 5 for Live trading. More brokers are preparing to offer Live trading very soon on the exchange through MetaTrader 5.
exchange traders' response to the MetaTrader 5 trading platform that
previously associated the platform only with Forex market, appeared to
be very positive. The platform major advantages as per trader feedback
so far include high performance, a wide range of analytical
functionality and the ability to use advanced solutions in the field of
mobile and automated trading.
"MetaTrader 5 has appeared to be a very good choice for us, - comments Alexander Dubrov, Head of Internet Trading in Otkritie Financial Corporation.
The back office solution is the best we have seen and the interface is
very user-friendly. Judging by the first positive feedback from
traders, the trading platform has a promising future."
Having completed the CME certification, MetaQuotes Software Corp. now intends to focus on brokerage companies that are members of CME. "Realizing
that the launch of a new platform can be quite challenging for a
broker, we proactively offer our assistance and support to stock market
participants, - says Gaies Chreis, COO of MetaQuotes Software Corp. It
is certainly a complex process that requires time but based on the
traders' feedback so far, we stand a good chance."
addition, the company keeps working on the integration of MetaTrader 5
with other world exchanges. In the next two months, we are
planning to complete the certification for TURKDEX and Warsaw Stock Exchange.