LIMASSOL, Cyprus, August 28, 2012 /PRNewswire/ --
Today MetaQuotes Software Corp. has received the official confirmation of successful certification of its MetaTrader 5 Online Trading Platform by the largest Brazilian exchange BM&FBOVESPA. Now, any BM&FBOVESPA registered broker can offer Online trading to investors in Brazil using the MetaTrader 5 trading platform.
Decision to Certify MetaTrader 5 on the largest stock exchange in Latin America was taken at the requests of registered brokers within the region. Several Brazilian brokers have expressed serious interest in providing MetaTrader 5 trading for their investors on BM&FBOVESPA.
The certification marks the successful completion of the compatibility between the MetaTrader 5 platform and the FM&FBOVESPA Exchange system. The certificate confirms that the MetaTrader 5 technology meets all requirements of the Exchange, supports the Exchange trading technology and has successfully completed all the compliance and technical requirements.
As MetaTrader 5 is specifically designed for trading on Exchange markets, the company continues to grow the number of exchanges that the platform can connect to. MetaTrader 5 has already been certified by the RTS, Singapore Mercantile Exchange (SMX), Dubai Gold and Commodities Exchange (DGCX) and several other exchanges. The next Exchange integration projects of MetaTrader 5: London Stock Exchange (LSE) and Chicago Mercantile Exchange (CME), are currently under way.
MetaQuotes Software Corp. has a firm interest in offering advanced trading technology to Latin American countries, and maintains a representative office in São Paulo (Brazil) since May 2012. "We have come to Latin America with firm intentions," says Gaies Chreis, COO of MetaQuotes Software Corp. "This promising market has a strong demand for our technology and we want to satisfy it."
About MetaQuotes Software Corp.
The developer of the world-famous MetaTrader trading platforms for financial markets. The company was established in 2000. Unlike all previous products, MetaTrader 5 is the first trading platform suitable both for Forex and stock market trading. Currently, the company is busy promoting its product on stock markets.
The largest Latin American stock exchange founded in 1890 in São Paulo, Brazil. The exchange received its current name in 2008 after the integration between the São Paulo Stock Exchange (Bolsa de Valores de São Paulo) and the Brazilian Mercantile & Futures Exchange (Bolsa de Mercadorias e Futuros). Some experts believe that up to 70% of the local trading volume is concentrated in BM&FBOVESPA. It is the most important Brazilian institution to intermediate equity market transactions and the only securities, commodities and futures exchange in Brazil. BM&FBOVESPA further acts as a driver for the Brazilian capital markets.
SOURCE MetaQuotes Software Corp.