MT Proxy KENT RIBOE Managing Partner at MT Proxy
Q Tell us about MT Proxy. What is it you do? We help brokers offer their clients a better, faster trading experience. And we do this in a number of ways. The first thing we do is help brokers get closer to their clients. You see, fast trading comes from fast data transmission. The closer brokers are to their clients, the faster they can send and receive data. And of course the faster they can process trades. We help by figuring out where the clients are and what the best server locations would be. We then find the best network routes based on client location. We also continually optimise pathways to meet growing client demand. This ensures clients are always connected via the best route, enabling brokers to offer clients the best possible trading experience. The second thing we do is help brokers improve their overall performance. You see, fast trading also depends on server availability. The more brokers rely on their main servers, the more vulnerable they are to server overloads, outages, and even DDoS attacks. We help brokers reduce the load on their main servers by seamlessly moving client connections to our proxies. We also monitor all our proxies and their performance in real-time. This means brokers benefit from better connectivity, and their clients benefit from a better, more reliable service. Q Why did you decide to start MT Proxy? Brokers need the lowest possible latency in order to stay competitive. We started MT Proxy about a decade ago, because we saw a real need for a better, more affordable way for brokers to boost connectivity and speed up trading for their clients. Many brokers rely on VPS services for this, and it is very hard to find a VPS provider that offers the right level of stability, connectivity, and routing. It is also hard to find one that offers services in the right regions for the right price. We felt that with MT Proxy we could bring something really unique to the market. We have an extensive network of proxy servers, so we can be wherever
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our partnering brokers need us to be. We also have the technology in place to optimise network routes, reduce latency, and monitor proxy performance. This means brokers can get the robust trading infrastructure they need, without having to invest a lot of time and resources in managing proxies. There are very few companies in the market that do what we do. We also provide a fully-managed service and we believe brokers see the value in that. Q Although your company is the market leader at what you do, why do you keep such a low profile? We’re not here to take the spotlight from brokers. They are the ones who have the relationship with the traders. We’re just here to make that relationship faster, better, and stronger. We’re a low profile partner who helps them deliver a better service, and we’re happy with that. And to be fair, we also work with world-leading CRM, bridge, and liquidity providers. We’re proud to share the spotlight with such amazing partners. Q Many of the readers get endless calls from ‘solution’ providers. Why do I need your company at my brokerage? Low latency has always been important to traders. The difference now is that traders are much more connected and able to share their trading experience with others. With more and more companies entering the market, brokers need to offer their traders the best possible trading experience. This means low latency trading and fast order execution. And no other provider in the market is as good as us when it comes to speeding up trading on the client-facing side. Low latency will become even more important to traders in the future, as the industry moves towards 24/7 trading. Tools for Brokers for example, has already enabled weekend trading for forex and cryptocurrency markets via their bridge. I imagine other providers will soon do the same. This means brokers will need to be in a position to offer low latency trading across all markets at all times. No other provider in the market is as well equipped as us to help them do that.
