Mahi MetaQuotes Bridge & Connectivity Solution
Compass <> MetaQuotes MT4/5 cross asset connectivity bridge with support for FX, Metals, CFDs & Crypto
Mahi is offering partnership and collaboration, we research alongside our customers to inform what updates to make to the product. The opportunity at the moment is a time-limited discounted access for an early-access growth partnership
Synapse Benefits
- Better Value than Incumbent solutions with shorter contract lengths:
- Avoid $/M costs of competitors and switch to a monthly fee.
- Cheaper total cost of ownership relative build your own or third party bridge solutions e.g. FxCubic, OneZero, PrimeXM, Gold-i
- Enhanced Execution Support & Client Experience
- Counterparty + Expert Advisor (EA) classification. Tie classifications to risk management or execution decisions.
- Demo + Prop Trading Flow Support
- Separate Open vs Close execution criteria.
- People complain more against issues with closes.
- Treat Margin Call / Stop Out orders differently than user initiated orders via Trigger based execution criteria.
- MetaQuote Group execution criteria
- Vary execution rules by region/regulation territory/group
- Execution/Cancellation/Slippage controls are normally against the published price
- Can do it against the price within MetaQuotes (can be different based on buffers/delays in MT4/5)
- Can do it against the TP/SL price too of their order.
- Faster + Native integration between MetaQuotes MT4/5 and our Compass product.
- Less network hops for processing data
- Front to back MD and Order workflow Mahi managed
- Reduced number of vendors involved in troubleshooting
- Policing by expectations & exceptions
- Automated proactive capture & monitoring
- Reduced time to action in troubleshooting
- Reduced operational staff requirements
- Everything has to have an automation strategy without loss of expression/capability
- Predictive Performance Engineering
- Low-latency, direct connectivity. OZ is known to be arbable via LMAX £1k/month feeds
- Multi-region, guaranteed WAN messaging and position keeping system. Global or Regional Pricing?
- Intra-region optimisation of
- pricing & smart order routing
- Predictive engineering techniques used throughout.
- tick count engineering
- predictivity and pricing throttle analysis on MetaQuote buffers to protect quote quality during news and highly volatile market states.
- Advanced LP Analysis
- Predictivity prioritised connectivity coverage
- 30+ integrations across, Retail Trading Platforms, ECN LPs, Retail LPs, Bank LPs. Post trade systems, Credit checking
- Expedited connectivity integration support available. If we don't have it, fast track the implementation.
- Mechanical Sympathy
- Managed service, built using Infrastructure as code, with reliable hosting partnerships.
- Latency & Infrastructure instrumentation with hardware and latency alerting and management.
Case Study - Replacing a OneZero Finalto feed via direct connectivity
When we changed connectivity here, we didn't just assert we were obtaining faster, lower latency feeds. We measured it.
Consistently faster delivery of the feed via Mahi vs OneZero manifest as higher predictivity.
Bridge & Connectivity Status Quo
- Bridge is incredibly crowded market place. MetaTrader platform started in 2002. MT4 in 2005. It's still the most popular platform to day. => Lots of inertia in this space
- High cost
- Huge vendor lock-in with large multi-year contracts
- Glacial innovation, quarterly releases.
- No trading nous / Not a partnership
- Focus on output: "put a ticket in" not outcomes
- Doesn't solve the hard problems
- Internal client-specific business workflows hang off so much of the infrastructure
- groups/accounts/regulation
- IB payments
- marketing attribution
Competitor Issues
- OZ doesn't even forward some orders to LPs and rejects them at source
- Limit type + price isn't respected at OZ
- OZ latent - LMAX feed routinely arbs it.
- PrimeXM - poor ecosystem
Diagrams