Gold-i has launched Matrix 2.0, its most significant product since the company’s inception. The new product, which has cost £1 million to bring to market, is a super-fast and flexible modular liquidity management system which helps brokers worldwide to make more money and reduce risk.
Matrix 2.0 offers multiple routing and aggregation methods to allow brokers to offer the most effective execution model to different client types. It is Liquidity Provider agnostic and leverages Gold-i’s connections with over 70 Liquidity Providers.
With full multi-asset capabilities, Matrix 2.0 is unique in the retail sector and offers brokers an easy way to extend their FX offering into CFDs, futures and equities. It also supports brokers’ increased focus on risk management, providing automatic failover to a back-up, with or without aggregation.
Tom Higgins, CEO, Gold-i explains, “Matrix 2.0 not only provides a platform to allow brokers to aggregate in-coming liquidity feeds but it also enables them to offer their own liquidity out to clients. It’s a simple and cost-effective tool if they are looking at alternative revenue streams and is aimed at brokers of all sizes from start-ups to global organisations.
“Matrix 2.0 gives brokers a huge amount of flexibility in spreading prices. It offers multiple routing rules and supports multi-asset classes. I believe it’s a best of breed product which is made even more appealing by our pricing strategy. There are no up-front costs or set up fees so brokers can get up and running very quickly at low cost.”
Matrix 2.0 has been created by six in-house developers at Gold-i and built from the ground up to be the fastest and most flexible tool on the market. It is aimed at MetaTrader brokers who use single or multiple servers. With Matrix 2.0, Gold-i can provide a wide range of liquidity via single or multiple bridges into each MT4 or MT5 system.
Tom Higgins concludes, “Matrix 2.0 has not been designed exclusively for MetaTrader – it has a bridge into MT4 and MT5 which is why we are initially focusing on the MetaTrader broker market. In the future, as the product evolves, we hope it will be used by smaller banks and will open up broader opportunities for us outside the world of MetaTrader.”
Matrix 2.0 has minimal set up time. It is an out of the box deployment which takes just a few hours to get up and running. It can be installed in a broker’s own datacentre or using Gold-i’s hosted facilities. As with all Gold-i products, technical support is available 24x7.