Singapore HFT trading firm Orient Futures adds MT5
MetaTrader platform developes MetaQuotes Software Corp. has announced that Orient Futures Singapore has started offering the MetaTrader 5 (MT5) platform to its clients globally. Orient Futures is a Singapore-based financial institution serving HFT traders for trading into exchange-traded and OTC market venues.
The launch of MetaTrader 5 adds to the growing suite of professional trading systems currently offered by the firm.
The parties said that this move makes Orient Futures one of the most active local participants in the third largest foreign exchange hub in the world. The MetaTrader 5 server and ecosystem, including connections to the firm’s liquidity aggregator via the special MetaTrader 5 bridge, are strategically co-located in Equinix SG1 data center with other Tier-1 FX Liquidity Providers operating and matching orders in the same environment. This allows for high-speed and low latency trading.
For a financial institution that offers both OTC FX and FX exchange-traded derivatives in SGX with close to zero latency, not just in but also between Equinix SG1 and SGX co-location data centers, this latest platform launch is a major complement to its product suite.
“With quantum leaps in computing technology, functionalities of trading platforms are ever expanding. On the other hand, with globalization of trade, clients are becoming savvier and continually seeking trading systems with sophisticated capabilities in a well-connected ecosystem. MetaTrader 5 addresses our clients’ need for a multifunctional, multi-asset trading platform, equipped with innovative tools to trade smarter with greater efficiency. The platform, including algorithmic trading among other things, is the logical choice for us as part of our commitment to our clients to provide financial innovations to enable and empower them. MetaTrader 5 places Orient Futures Singapore at the forefront of online trading and delivers the technologically advanced trading environment which, in turn, is used by our clients”, explains Marcus Goi, Chief Executive Officer of Orient Futures Singapore.