Banks and brokerages to benefit from Gold-i enhancements

Latest developments from Gold-i, a global market leader in trading systems integration, ensure that its flagship product, the Gold-i Gate Bridge, remains at the forefront of the trading technology industry. Tom Higgins, Gold-i’s CEO explains the key features and benefits of Gold-i’s latest upgrade, Version 258.

First Published: e-Forex Magazine 47 / Sponsored Statement / April, 2012

Banks and brokerages to benefit from Gold-i enhancements

Benefits of Version 258

The Gold-i Gate Bridge is a super low latency smart routing product which enables brokers to connect to external liquidity providers in the most effective and cost efficient manner. Version 258, the latest upgrade to our Bridge, provides brokers with better risk management controls, access to additional liquidity providers, and enhancements in terms of automated monitoring and spreading features.  The features have all been developed in response to requests from brokers to help them to trade more effectively.

Stronger Controls

Up until now, brokers have had to re-start the system when clients are B-Booked or A-Booked. Our latest upgrade provides the ability to dynamically change which clients or groups are B-Booked or A-Booked without the broker having to re-start the trading system or change the client group. It provides brokers with better risk management and profitability. Another enhancement relates to accessing the system. Previously, if a client wished a broker to place a deal on their behalf, the broker would need to log in as the client, using the client’s login/password. With Version 258, brokers can log in as a ‘super user’ and book trades directly in the market using the Manager Terminal. Client privacy is maintained as the broker does not need to know the client password.

Enhanced Automated Monitoring

There are two key improvements in terms of automated monitoring.  Firstly, the server disk space and memory usage are automatically monitored in order to maintain optimum operational efficiency. Secondly, brokers will be sent an automatic alert if a Liquidity Provider stops streaming quotes. 

New Spreading Features

In response to client requests we have developed a new graphical interface to control all Gold-i Gate Bridge and MetaTrader4 spreading features. We have also created an additional option to ‘tilt’ the spreads dynamically. This makes it far easier for brokers and their IBs to dynamically control the spreads that they offer their clients.

Additional Liquidity Providers

Gold-i recently launched the technology to transform MetaTrader into a multi-asset trading platform, extending the capabilities of MetaTrader beyond simple FX and OTC products to trading across all asset classes. Through Version 258 we can offer multi-asset liquidity from Ffastfill and LMAX.  We have also added FX liquidity from First Derivatives and updated our partnership with CFH to support a ‘true limit’ mode, eliminating slippage on limit and stop pending order execution. Gold-i now has 27 liquidity partners including banks, ECNs and brokers. We have more liquidity providers than any other MetaTrader integrator and believe this reinforces our position as a leader in our field.  

Future Gold-i Developments

We will be launching a smart routing risk management tool in the summer. This Complex Event Processor will provide a much more holistic view of a broker’s risks, responding to more advanced rules and risk monitors. We will also be launching a Multi MetaTrader4 Monitoring System, aimed at larger clients who have multiple MetaTrader servers.

 

Version 258 is now available from Gold-i.
For further information, visit www.gold-i.com
or telephone +44 (0) 1483 685410.