Exchange Traded Equities Available On MetaTrader4
CQG, DriveWealth, and Direct FX Utilize oneZero Technology to Make Equities Available on the MetaTrader 4 Platform
Chatham, NJ November 02 2015 – DriveWealth Holdings, Inc. and its wholly owned subsidiaries DriveWealth, LLC and DriveWealth Technologies, LCC ( collectively known as“DriveWealth”) are pleased to announce their agreement with oneZero Financial Systems, CQG, and Direct FX to make exchange-listed equities execution available on the MetaTrader 4 platform for the first time.
The MetaTrader 4 platform is a widely used foreign exchange trading platform utilized by investors globally. Along with CQG, Inc. and Direct FX Trading Pty Ltd, DriveWealth utilized oneZero’s innovative order routing technology to augment the MetaTrader 4 platform with real-time equities execution. In the past, other futures brokers have expanded upon MetaTrader’s multi-asset functionality and added contracts for differences (CFDs) to the platform, but most brokers have yet to link an enterprise exchange program, which includes equities and futures, to the MetaTrader 4 platform.
CQG, through its enterprise division, Continuum, will work with oneZero to facilitate API connectivity between MetaTrader 4 and Direct FX for futures execution and DriveWealth for equities execution. DriveWealth will also equip the MetaTrader 4 platform with market data and corporate actions alerts.
“Integration with oneZero’s Hub technology to power connectivity is an exciting opportunity for us,” said Mike Glista, Vice President of Continuum, CQG’s enterprise division. “This partnership will continue to grow our global reach while also allowing us to be part of an innovative multi-asset approach.”
“DriveWealth is excited to work with such distinguished partners in the forex space to enable equities trading on a widely used and well respected trading platform like MetaTrader 4,” said Robert Cortright, Founder and CEO of DriveWealth Holdings, Inc. “We believe that portfolio diversification is extremely important, which is why enabling equities trading on MetaTrader 4 is so powerful.”
“oneZero is pleased to be chosen as the access point for providing exchange traded equity products via DriveWealth on MetaTrader4. We have seen global demand for access to equities and futures markets via a well-recognized trading platform like MetaTrader4. The performance, stability and flexibility of our Hub solution, alongside the execution and clearing facilities provided by our partners in this project, represents a unique value proposition for retail brokers.”, adds Andrew Ralich, CEO of oneZero.
Commenting on the partnership, Joe O’Mara, CEO of Direct FX, said “Direct FX is excited to collaborate with renowned entities such as oneZero Financial Systems, CQG, and DriveWealth. As a leading broker, it has always been our mission to provide our clients with the fairest trading environment, with the necessary tools, to increase their trading opportunities in order to succeed. Through the launch of this intuitive solution, we further enable our clients to expand their portfolio with the ability to manage their activity across different markets under one solution; one platform.”
About oneZero Financial Systems:
Founded in February 2009, oneZero Financial Systems has quickly grown to be a leading provider of trade routing and order management solutions for brokers offering foreign currency (Forex), commodity, and OTC derivatives trading to their clients. oneZero's technology is used at more than 90 brokerages, hedge funds, and money management firms worldwide to execute hundreds of billions in monthly transaction volume (USD).
About CQG, Inc.:
CQG (www.cqg.com) provides high-performance trade routing, global market data, and advanced technical analysis. CQG partners with more than one hundred Futures Commission Merchant environments and provides Direct Market Access to more than forty futures exchanges through its global network of co-located Hosted Exchange Gateways. CQG's server-side order management tools for spreading, market aggregation, and smart orders are unsurpassed for speed and ease-of-use. CQG's market data feed consolidates more than seventy-five sources, including exchanges worldwide for futures, options, fixed income, foreign exchange, and equities as well as data on debt securities, industry reports, and financial indices. CQG has received the Prop Traders' ISV of the Year award from FOW and the Best Technical Analysis Platform award from The Technical Analyst. CQG is headquartered in Denver, Colorado with sales and support offices worldwide.
About Direct FX Trading Pty Ltd:
Direct FX Trading Pty Ltd., an Australian owned financial services entity; regulated and licensed by the Australian Regulatory Body, is one of the world’s leading foreign exchange firms, with subsidiaries and offices that conduct business worldwide. Direct FX Trading Pty Ltd. uses STP (Straight-Through-Processing) execution on its order flow giving the client direct anonymous access to its top-tier liquidity pool. The algorithms built into the back end software allows direct access to the best bid/offer available from multiple providers. This technology provide Direct FX’s clients with top-rated execution speed, seamless routing/execution, and an environment necessary to be have the best opportunity to be a successful trader in the Forex market. The MetaTrader 4 platform streams Direct FX’s rates, execution, and market information for its Forex and Futures feed.
Residents of the United States cannot currently open accounts with Direct FX. Any promotional material, offers or advertisements from Direct FX are not intended for and do not apply to United States residents.
About DriveWealth Holdings, Inc.:
DriveWealth Holdings, Inc. is the parent company of DriveWealth Technologies, LLC and DriveWealth, LLC. DriveWealth Technologies, LLC is the technology service and financial education provider for DriveWealth, LLC. DriveWealth, LLC (www.drivewealth.com), member FINRA and SIPC, is a mobile and global full carrying broker dealer for retail investors. DriveWealth provides a low cost, easy-to-use US equities investing platform to individuals worldwide. DriveWealth also partners with businesses around the world to offer its Brokerage as a Service platform, which allows global financial institutions to give their clients access to US listed securities
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