1 February 2011
1 February 2011
On February 1, 2011, the partnership agreement between the development company MetaQuotes Software Corp. and the global news publisher International Business Times (IBTimes) shall come into force. The companies have agreed on the integration of the IBTimes news feed into MetaTrader 4 and MetaTrader 5 platforms.
Under this agreement, MetaQuotes Software has developed special news feeders for the MetaTrader platforms. They enable instant broadcast of essential financial information right in the traders' terminals. "IB Times is one of the world's leading publishers of financial information to help make right trading decisions. Our partnership allows transmitting this information directly to the traders' terminals", - said Gaies Chreis, COO of MetaQuotes Software Corp.
These feeders are available free to all brokerage companies and banks. The brokers only need to install these plugins, get subscription from IB Times and start delivering comprehensive financial news to all the traders' terminals. Thus the agreement eliminates one of the problems brokers meet when starting a new business, and facilitates the launch of the new platform. This will also cut overhead costs of installation and maintenance of newswire services.
The partnership also has benefits for IB Times. The new agreement with MetaQuotes Software provides the company with access to the market of MetaTrader platforms. "We are happy to be entering into this partnership agreement. Now brokers have an easy and convenient way to subscribe to our newsletters, and we can efficiently broadcast our information to thousands of traders all over the world", - said Dev Pragad, Global Operations Director of IB Times.