Integral Press Release
PFGBEST.com and Integral Partner on Technologies to Give Forex Brokers and Customers Access to Multi-Bank Liquidity
CHICAGO & MOUNTAIN VIEW, Calif., Nov 25, 2008 (BUSINESS WIRE) – PFGBEST.com and Integral Development Corp. (Integral) announce their partnership to provide customers with private, branded FX trading technology solutions to access multi-bank liquidity.
Integral's technologies aggregate prices from a number of banks, and provide these to PFGBEST.com retail brokers, dealers and customers through the PFGBEST.com MetaTrader4 (MT4) retail trading platform. This platform is bridged to Integral's FX Grid(R), global Multi-sided Trading Facility (MTF). The solution is designed to help retail brokerage firms and Introducing Brokers (IBs) gain access to forex market liquidity and then to stream the aggregated prices to their respective clients.
The PFGBEST.com MT4 platform has been used by several hundred retail forex brokers and dealers and to meet strong market demand, was recently made more broadly available to PFGBEST.com brokers and clients.
PFGBEST.com President and Chief Operating Officer Russ Wasendorf, Jr., said, "This agreement allows forex brokers to bypass single-source pricing systems in favor of direct market access to multi-bank liquidity from the FX Grid(R). Access to that liquidity has universal appeal to most institutions, funds and professional traders. The retail trading platform supplied by PFGBEST.com - MT4 - is highly configurable to work for a whole host of FX trading models."
Harpal Sandhu, Integral's Chief Executive Officer, added: "Our technology gives PFGBEST.com the ability to aggregate multi-source liquidity, according to business requirements, and stream that liquidity directly into MT4 systems. The solution is delivered as Software-as-a-Service (SaaS), so integration with PFGBEST.com platforms and access for brokers is quick, easy, and accomplished without the need for new IT infrastructure or software."
Deep liquidity and real time pricing are key to the hundreds of brokers that already leverage the PFGBEST.com MT4 trading systems. The single point of access to multi-source liquidity and aggregated pricing configuration offers what Integral describes as the purest form of FX trading.
About Integral
Integral develops and operates FX Grid(R), a global Multi-sided Trading Facility (MTF) connecting active market participants with all major sources of FX liquidity.
Together with FX Inside (real-time Execution Management System (EMS)), FX Inside White Label (institutional broker solution), and FX PowerTrader (retail trading solution), Integral provides complete solutions for all FX market participants. Founded in 1993, Integral employs more than 200 professionals and maintains development, support and sales offices in Silicon Valley, Chicago, New York, London, Hong Kong, Tokyo, Singapore and Bangalore. For more information please visit: www.integral.com
About PFGBEST.COM
PFGBEST.com is one of the largest non-clearing U.S. futures commission merchants, with customers, affiliates and brokerage offices in more than 80 countries. It offers a range of trading and investor products and services for retail investors as well as for commercial and institutional clients. The company is a leader in sustainable investing through diversified products including managed funds and forex, full-service brokerage, trader education, research, and direct online futures trading through its BESTDirect platform, now celebrating its 10th anniversary. Please visit www.pfgbest.com to learn more.
SOURCE: PFGBEST.com
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