Match-Trade Technologies, a California-based fully integrated forex technology company announced it is expanding its business to the UAE in order to address the growing retail forex market in the Middle East and North Africa.
The UAE office of Match-Trade will be located in Abu Dhabi and will be headed by Ali Asghar Busheri, head of sales for Asia with a specific focus on local clients.
According to the company statement, it is intending to continue its expansion and enhance customer support by opening offices in new locations around the world.
Match-Trade Technologies offers customizable solutions for small and medium sized forex brokers, such as hosting services, MT4 white label solutions, bridge aggregating technology and risk management system for A Book and B Book brokers.
The company also offers a matching engine technology that can be used by all types of forex market players who wish to create an anonymous independent venue, not skewed in favor of liquidity providers. The technology enables seamless execution of trades between various market participants and build additional liquidity. It can handle over 50 000 transactions per second and supports direct orders matching between the market participants and free MetaTrader 4 FIX bridge for institutional clients.