Your Bourse automates dividends adjustments to save MT4/MT5 brokers’ time
Trade execution technology firm Your Bourse has added Corporate Actions to its main platform.
The automation tool will help MT4/5 brokers operate more efficiently by planning and automating Corporate Actions such as dividends adjustments – freeing brokers’ time for dealing operations.
Brokers can leverage the new feature to schedule automatic Corporate Actions including dividends adjustments for all open positions for a pre-defined list of trading instruments and client groups and allow brokers to set up these operations ahead of time.
Automation improves efficiencies for brokers as they will be able to reduce the time they usually spend in manual operations. The feature can also upload changes in bulk so that brokers can plan them ahead of time.
It doesn’t require the installation of any plugins on MetaTrader servers and, being an independent tool, it doesn’t impact the MT4/MT5 bridge operations or other parts of the platform.
Andrey Vedikhin, Founder and CEO/CTO Your Bourse, commented: “At Your Bourse, we continually develop the platform to meet the market requirements and enhance broker’s experience with technology overall. With the addition of corporate actions, the Your Bourse platform allows brokers to save time and manage their daily operations more efficiently without impacting MT4/5 servers. Dealing desks can now focus on their goals to drive profitability with our Corporate Actions tool.”
Based in London, Your Bourse provides a Platform-as-a-Service solution for FX, CFD and crypto liquidity management, data analytics, reporting and risk management solutions to the retail brokerage and institutional marketplace.
Your Bourse provides connectivity to more than 30 liquidity providers, “lightning-fast” execution through MT4/MT5 bridges, and hosts services in Equinix data centres.
Earlier this year, Your Bourse opened a new office in Limassol, Cyprus, as it intends to launch a major expansion across both Cyprus and Dubai.
Cyprus is already a major global hub for the company’s client base, forex and brokerage companies, and thus is well-positioned as a business gateway to access Asia, Europe, the Middle East and Africa.
Founder Andrey Vedikhin and CRO Elina Pedersen will be operating from the Cyprus office for the following year to oversee the set-up, hiring, and training of their team. Additional hires are planned to join later this year.
Your Bourse’s technology stack combines multi-asset liquidity for over 10000 instruments, including cryptocurrencies and equities with “ultra-fast connectivity.” In an already saturated market, Your Bourse’s B2B approach is a huge deciding factor for new and existing brokers in adopting their technology.
Your Bourse has been actively expanding the liquidity options available through its Liquidity Hub. Its network counts a number of prominent liquidity providers such as CFH Clearing and FXCM Pro and Scope Markets, to name a few.