FXCM Inc. announced today that it is introducing an upgrade to its Index CFD market making technology.
The new high frequency market making technology is part of the broker's backend system for indices and will enable FXCM to manage index order flow and positions, prices and ris.gif)
k with greater accuracy and more efficiently.
As part of the upgrade, FXCM will be able to offer clients who use scalping aggressively, trade news events and use automated strategies to instantaneously hedge these positions with the futures market. These opportunities provide traders with improved index trading offerings.
The new FXCM technology will enable traders to place stops, limits and entry orders without any minimum distance restrictions on most indices. It offers lower spreads on popular indexes like the US30 and the ability to trade index CFDs with fast and efficient trade execution without expensive re-quotes.
FXCM is a leading online provider of foreign exchange (FX) trading, offering CFD trading, spread betting and related services. They provide global traders with access to the world's markets by offering innovative trading tools, hiring excellent trading educators, meeting strict financial standards and striving for the best online trading experience in the market.