Market Leader previously told the reader about Arsenal FX, which is relatively new but fairly promising Forex company. It was founded in 2012. Still, over the course of nearly 3 years, the company has already managed to win the hearts and minds of thousands of retail traders and investors from around the globe.
According to the company’s representatives, this became possible mainly due to ArsenalFX’s exclusive policies. Indeed, the company is focused on the ways and means to reduce trading expenses the the minimum, which is definitely a huge benefit for any retail trader.
Another major factor of success to consider is the access to almost unlimited liquidity coupled with excellent execution of client orders at market prices. On top of that, it should be noted that Arsenal FX is an official representative of the Chicago Mercantile Exchange (CME), which speaks for itself.
At the same time, Arsenal FX doesn’t tend to make use of the so-called aggressive marketing strategies so popular with contemporary Forex brokers trying to win their own place under the sun in the rough and highly competitive environment of today’s Forex. On the contrary, the broker is focused on improving all of its trading conditions to make Forex trading more profitable, comfortable and efficient.
By the way, in late 2014, Arsenal FX won the «World’s Best Execution of Forex Orders 2014» title as the result of the year-long unbiased open voting within the scope of Masterforex-V Expo. In other words, the international trading community along with some of the leading experts in the industry confirmed the company’s leadership in terms of the speed and precision of client order execution.
On top of that, Arsenal FX managed to avoid the aftershocks of the recent force major (the collapse of EURCHF) triggered by the Swiss National Bank’s decision to unpeg the Swiss Franc from the common European currency. This event is known as the Black Thursday. It made some of the Forex brokers insolvent while causing serious financial damage to other companies. Only few Forex brokers actually managed to stay undamaged. Arsenal FX is one of them.
At the same time, Arsenal FX offers the CME data for currency futures trading. This is another benefit for currency traders.
This is what the company’s official website reads:
http://arsenal-forex.ru/en/order_cme_data_/
Trading data on CME currency futures
History
The Chicago Mercantile Exchange (CME) (often called "the Chicago Merc," or "the Merc") is an American financial and commodity derivatives exchange. The CME was founded in 1898 as the Chicago Butter and Egg Board, an agricultural commodities exchange. Originally, the exchange was a non-profit organization. It merged with the Chicago Board of Trade in July 2007. The chief executive officer of CME Group is Craig S. Donohue. On August 18, 2008, shareholders approved a merger with the New York Mercantile Exchange (NYMEX) and COMEX. The Merc, CBOT, NYMEX and COMEX are now exchanges owned by the CME Group.
Today, the CME trades several types of financial instruments: interest rates, equities, currencies, and commodities. It also offers trading in alternative investments, such as weather and real estate derivatives.
Arsenal FX and СМЕ Group
Starting from the March 2013, «Arsenal-FX has got the status of official CME vendor for EMEA region (Europe, Middle East, Africa), with rights of service rendering on currency futures data provision with the use of certified software. For the first time our clients get the opportunity to make the full analysis of currency futures market in the popular Metatrader 4 Terminal .
To activate the service and get the consultation about the effective fees and the terms of immediate data delivery please contact us by e-mail: support@arsenal-fx.com.
Please take in attention you’ll be required to send us the scan copies or clear photos of signed CME Market Data Subscription Agreement. Download CME Market Data Subscription Agreement.
Advantages of CME data use for currency futures trading
CME is the largest global trading platform for futures contracts. To a large extent CME trading defines the present value of the leading world currencies. The process of trading is transparent: trading participants can see the real trading volume for both sellers and buyers. It helps better evaluate the future market movements.
As a comparison, the Forex market traders have access to the tick volume only, which allows analyzing the trading activity but not the real assets. Lately the so-called liquidity-providers also started distribute volume data. These volumes can be measured in money terms, but they have no direct impact on currency rate movement because of high OTC-market segmentation. Forex market is decentralized; it involves the thousands of intermediaries. This situation results in the absence of analytical value of operational volume in this environment.
The large number of quotes sources in the Forex market results in huge price dispersion. This creates many difficulties in the process technical analysis. Trading levels become inaccurate, the price trends are hardly predictable. CME trading data has lower “noise” level comparatively to Forex quotes and represent the ordered data stream even on tick chart level. You can easily check it yourself after becoming our client. It is reasonable, because every point of futures contact can involve the orders for millions of US dollars.
It is rather hard to specify all the benefits of CME currency futures data for traders: the real trading volumes, the low-latency on service rendering by the official distributor, the absence of “noise” in the quotes… Market analysis based on contract expiration price difference is a widely-accepted strategy of many professional traders. Market Depth (Level II), or the “order book” in trading terms, indicates the market players’ intentions before the currency rate starts moving.
Undoubtedly, every professional trader needs all the immediately available information, which can have impact on the market. «Arsenal-FX» is glad to offer the service, meeting all CMEGroup requirements, to every individual or corporate client
