MetaQuotes Ltd: MetaTrader 5 Has Become an All-In-One Core o

MetaQuotes Ltd: MetaTrader 5 Has Become an All-In-One Core of The Pakistani Exchange PMEX


MetaQuotes Ltd: MetaTrader 5 Has Become an All-In-One Core of The Pakistani Exchange PMEX
CYPRUS
/ ACCESSWIRE / December 22, 2020 / By the beginning of 2021, PMEX will have completely switched to MetaTrader 5 from its own previously used core. Earlier, the exchange has been using the platform as a front-end trading solution. Now, the entire back office natively operates on the new platform. The MetaTrader 5-based operation of the whole PMEX exchange is implemented through the platform's built-in Electronic Communication Network (ECN) functionality.
Now, all exchange operations are performed without any third-party solutions, directly via the MetaTrader 5 platform, which is used by all exchange participants, including traders, brokers and market makers. Hamad Shah, Head of the MetaQuotes' Pakistani office, says that 100% of PMEX's trading volume is now executed via MetaTrader 5 terminals, compared to 50% before the switch.

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