GCI now offers ECN Trading (â€śElectronic Communications Networkâ€ť) with the tightest possible spreads, making it the ideal broker for scalping EAs.
Online PR News – 30-August-2012 – August 29, 2012 – GCI is answering the call for superior execution and a broader array of currencies with tight. With its new Electronic Communication Network (ECN) trading solution, GCI welcomes and encourages Expert Advisors in MetaTrader that are designed to â€śscalpâ€ť the market or take advantage of small movements in the price feed.
Furthermore, by partnering with some the worldâ€™s largest banks, GCI is able to offer instruments that were heretofore difficult to make a market in. New pairs like EUR/PLN, EUR/CZK and dozens of others have been added. And spreads on pairs like USD/ZAR and USD/MXN are now much narrower â€“ on par with the spreads that hedge funds get from banks.
GCIâ€™s ECN has the added benefit of providing an excellent trading environment for scalpers and scalping EAs. GCI Marketing Director Ella Fuller notes: â€śMany clients use automated trading programs that trade based on price movements across multiple price feeds. These programs require tight spreads and fast execution with no re-quotes. GCIâ€™s ECN provides these traders with the ideal platform for their programmed trading needs.â€ť
But that isnâ€™t allâ€¦ ECN allows GCI to offer liquidity for larger scale traders. Many moderate-sized institutions take currency positions of a scale that might create an unsavory level of risk for market makers. â€śGCI has always maintained a conservative risk profileâ€ť, says Fuller. â€śWith our ECN, we can accept these trades efficiently while simultaneously giving these institutions reliable quotes and our clients the confidence of knowing the firm is financially sound.â€ť
There is no question that GCI is re-defining itself. â€śWe want GCI to be the broker of choice for scalpers, automated traders, institutions and individuals,â€ť boasts Fuller.
See for yourself and visit www.gcitrading.com