Gold-i Quote Checker

 

Gold-i Quote Checker

  • Prevents clients from trading on stale prices
  • Automatically notifies the broker of stale prices
  • Reduces risk from B Booking
  • Disables trading when no updates to prices have been received
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Reduce Risk

There is nothing worse for an MT4 broker than clients trading on old, stale prices as they can make unlimited amounts of money with absolutely no risk. The Gold-i Quote Checker protects brokers against this by continually monitoring that rates are being published. It disables trading when no rates have been sent for a configurable period of time. This useful MT4 plug-in emails your support function when rates are enabled/disabled.

Three different modes

The QuoteChecker can operate in one of 3 ways:-

Symbols Mode - Each symbol is enabled/disabled independently of the other symbols.

Securities Mode - All symbols in a Security Group are enabled/disabled together.

System Mode - All symbols in the MT4 system are enabled/disabled at the same time.

If a client tries to trade and the Quote Checker has disabled trading, they will receive a message saying “Trading Disabled.”

Multiple Quote Checker Plug-ins

It is possible to run multiple Quote Checker plug-ins simultaneously to enable clients to set different "price/quote timeout" values for different security groups – for example, if a client wants their Forex symbols to have a 120 seconds quote timeout and all their CFD's to timeout at 160 seconds. In this instance, Gold-i would install two QuoteChecker plug-ins with the specified securities in the "Ignore Securities Group" field and then set up the appropriate "Quote Timeout" for each plug-in.

 

We have been impressed with the reliability of Gold-i products together with the great MT4 knowledge of the Gold-i personnel who have pointed out ways to further improve our MT4 service.

Daire Ferguson,
Managing Director, Ava Capital Markets

Would you like to know more about this product?

Call us on +44 1483 668 940
Email us at sales@gold-i.com

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