Fair Trading Technology
 | |
| Limited | |
| Industry | Financial Services |
| Founded | 2010 |
| Headquarters | Registered in United Kingdom, Operated in United Kingdom and Sweden |
| Services | Financial technology provider for ECN forex trading |
| Website |
www |
Fair Trading Technology is a technology provider company for online foreign exchange (forex) trading and forex information. It is mainly known for its technology service provided for Dukascopy Bank for ECN forex trading through their T3 Integration Bridge, which connects between MetaTrader 4 and Dukascopy's Jforex trading platform. In June 2011, the service was referenced on Dukascopy's official website as a third party provider.[1]
Background
Fair Trading Technology was registered in United Kingdom in 2010 and has offices operated in the United Kingdom and Sweden.
Trading Platforms
The company offers a trading technology called T3 Execution Bridge. It functions as an MT4 ECN Bridge, that connects between MetaTrader 4 and Dukascopy's Jforex platform. The features of the bridge are:
- Multi-way connection, meaning a trader places a trade on a platform, it will be synchronized on other platforms at the same time.
- Cloud computing technology hosting the bridge and MetaTrader 4 on the same server to avoid delays in placing trades.[2]
- Transparency - traders can verify whether their trades are made to the Interbank market.
Fair Trading Technology also offer mobile trading platform for Apple iOS.
Application Architecture
The application is a web application which is exposed to the end users in-browser. To keep latency low, the servers with which the users interact are kept on-site.
Dukascopy Bank SA and MetaTrader 4
Dukascopy Bank SA is known for its transparency in its Swiss SWFX market place. They offer direct access to the interbank Forex market. However they do not provide MetaTrader to their clients, instead their clients use Jforex platform to access the market. Fair Trading Technology's T3 Execution Bridge provide a solution to connect MetaTrader 4 to ECN market. In June 2011, the product is officially referenced on Dukascopy Bank's official web site.
MetaQuotes and MetaTrader 5
As MetaTrader 4 has been a popular trading platform but traders are waiting for the MetaTrader 5 platform to be release by MetaQuotes Software Corp. The MetaTrader 5 is also something that Fair Trading Technology has to incorporate into their business model. According to McLean Van Cleve "MetaTrader 5 [3] brings in OOP (Object Oriented Programming) which offers up a vastly greater range of analysis and execution possibilities for algo traders."
References
- e-Forex - Making the switch to MT5: A traders perspective (subscription required) - July 2011
- Fx-MM - Fair Trading Technology (subscription required) - March 2011
- ↑ Dukascopy.com Dukascopy MetaTrader by 4 3rd Party Provider
- ↑ e-Forex.net Forex Technology : Cloud Computing Services: meeting more than demand spikes in FX (subscription required)
- ↑ http://issuu.com/fttmarketing/docs/ftt