Yuriy Ukazkin
In order to stay competitive in today’s highly-competitive Forex industry, it is necessary to focus on innovation. Sovereign Trade Group, the world’s first micro-institutional broker, knows that and strives to implement this idea.
The very fact that Sovereign Trade Group allows beginning traders (who trade on cent accounts) to access the interbank confirms this.
Not so long ago, the broking company introduced another revolutionary product – a brand-new trading platform called MTF STG Exchange. What is the essence of the innovative product? What advantages can you get with it?
Traders’ Dreams Come True
It is about quality rather than quantity. Great things are always scanty. Sovereign Trade Group follows this principle, being focused on the quality of its products and services. The MTF STG platform was created in order to provide micro traders with direct access to interbank liquidity. It used to be impossible.
Now, anyone can reach the interbank, no matter how experienced he/she is and who big his/her trading capital is. I.e. you can interact with hedge funds and other major financial institutions without having to deposit dozens of thousands of dollars.
Another major benefit is the speed at which orders are executed. You get always best prices available at the moment and can see other participants’ orders. All this is attended by high security and confidentiality.
Sovereign Trade Group is by right the industry’s first broking company that has changed the way people think about micro brokers. From now on, you can get competitive trading conditions even if you are just making first steps in the highly-competitive Forex trading environment.
However, if you are an experienced trader you can benefit from this as well. For example, you can test new strategies and approaches in the genuine interbank environment without risking big money.
With Sovereign Trade Group, you are free to choose any trading strategy or approach you want. You can scalp, trade intraday or be a long-term investor. You can freely use trading robots.
Sovereign Trade Group is a truly client-oriented company. The company’s experts in different fields constantly think about the ways and means of improving the existing products and services and revolutionizing the industry with new ones. Therefore, we may well the company to introduce some other innovative solutions in the near future.
What Is MTF STG Exchange?
MTF STG Exchange is a trading platform, which was created as the result of blending DMA, NDD and STP. It works as an exchange. This means that liquidity providers (they offer quotes for limit orders) cannot cancel a deal at a predetermined price. The principle looks like that:
As we can see, STG Exchange resembles an ECN. The major difference between STG Exchange and ECNs is that STG liquidity providers cannot cancel a deal as they do not have the so called “last look”. This allows to increase the execution speed up to 3-5 milliseconds on direct connection and to avoid rejections.
A standard ECN system sends a request to the bank (liquidity provider) in order to confirm the price and the volume. The bank may confirm (approve) or reject the transaction. If the request is rejected, it goes to the next bank in the line or the order will be executed at a different price (with slippage).
STG Exchange sends the client’s confirmation t the bank. This cooperation scheme allows traders to save time and to execute orders almost instantly. The probability of a slippage is reduced to almost nothing.
Moreover, STG Exchange is secured against non-market spread widening. If the spread limit is exceeded, the order is rejected.
In order to improve the trading conditions, Sovereign Trade Group introduced a special liquidity distribution system (BBO). It allows the company’s ECN traders to access the industry’s most flexible and competitive trading conditions. Traders utilizing other types of trading accounts also have some advantages at the expense of recalculating the order execution mechanism.
Once again, here is the list of major advantages of trading via BBO-based MTF STG Exchange:
· Access to the interbank
· Non-stop execution of orders at best prices
· It is possible to use the FxGrid system.
· The Bridge system is used to process trading orders in MetaTader 4 or 5
· It is possible to place pending orders at any place and time, even within the spread and during volatile market moves.
· No re-quotes
· Maximal security and confidentiality
For more details, please visit the company’s official website.
Yuriy Ukazkin
