Traders Now Have Access to Professional Interbank Trading Function
New York, NY, May 3, 2011 – (PR.com) – ActForex, the leading provider of independent retail trading platforms, is pleased to announce today the addition of Market Depth functionality to its already extremely versatile and intuitive ActTrader platform. Every tick on the platform is able to display market liquidity in real time with the whole spectrum of price/volume data, rather than a single rate per instrument.
“Market Depth information used to only be available to professional Forex traders on an interbank level and even now for retail traders, this important feature is offered by just a few firms,” commented ActForex CEO, Ilya Sorokin. “Traders can now trade with greater information and confidence due to this seldom-before-seen transparency.”
Best Bid/Best Offer rates are computed by the platform, which also calculates and displays volume-based pricing for any selected order volume. This data allows the trader to see the real execution rate for high volume trades before opening an order. The new Market Depth feature creates a clear visual representation of how markets change with news or after hours, how the spreads correlate to volumes, and when the market shifts to the bid or offer side. This powerful information is extremely valuable to anyone trading Forex in such an enormous and fast-changing market.
About ActForex, Inc:
ActForex, Inc. has been providing leading-edge trading technology solutions for a multitude of FCMs, Forex Brokers, Broker/Dealers, Introducing Brokers and Money Managers worldwide since 2000.
ActForex logo and ActTrader are trademarks, and ActForex is a registered trademark, of ActForex, Inc.
Discover ActTrader with a Free Demo Account