ACT ECN MT4 project going to FXCM
ACT ECN MT4 project going to FXCMF
To all of ATC's valued customers:
Knight Capital Group, (conglomerate owner of HotSpotFX), announced Hotspot FX retail operations will move to FXCM by February 13, providing final regulatory approvals.
This will have some temporary impact on the growth scheduled in the immediate, but should also benefit in accelerating our entry of new traders as we cross over the middle part of February and its closing weeks. ATC had gone to encouraging lengths to evaluate the FXCM ECN API connection and FXCM's commitment to operations reliability. We understand the concerns of traders in relation to FXCM and its past place in the industry; however ATC will only connect to true ECN model and nothing less. FXCM, assures us to this and ATC will be including other connection and liquidity options in coming months, so we need not pose traders without having future options..
We have looked at FXCM Live ECN pricing and it is a considerable improvement over that which we have seen at HotSpot FXr, and the MT4 options and supports for ECN operations at FXCM are improved as well. We are moving on an accelerated pace to bring up operations in the coming 2-3 week period and resume client participation from there.
-Leverage: 100:1
-Minimum to open $5,000
-Min Lot size: 10K
Our first goal is to assure traders the ATC MT4 will continue in it's deployment and in the most raw sense, a change in the underlying provider base will take place, we are committed must bring improvement and further our options over time.
ATC is beginning sampling market data and preparing to test real execution to confirm spreads, fills and other functionality at FXCM. We are seeking confirmation that the same ECN execution quality, anonymity and volume/fill potentials would remain comparable. We are encouraged that spreads would be improved and remain a reliable offering of deep liquidity, no dealing desk and without concern of the provider taking the other side.
The decisions ATC makes will continue to advocate on behalf of the trader, that cost alone will not dictate ATC's decisions, where quality and support must not be sacrificed. Even that our traders "could" experience some downtime, depending on decisions traders will make, ATC will continue moving in directions that increase trader options and make the best use of our system design flexibility.
We will continue to inform traders of progress and normal lines of communication with ATC, will remain open throughout.
Sincerely,
ATC Brokers
Futures l ForexPro
toll free:877.654.8400
main: 818.545.8400
fax: 818.545.8410
web:www.atcbrokers.com
页:
[1]