MT Proxy KENT RIBOE Managing Partner at MT Proxy
Q Tell us about MT Proxy. What is your vision for the company? We create custom-built proxy server networks. Our networks are designed to help forex brokers reduce client-side latency and boost client connectivity worldwide. Our goal is to become the go-to industry provider for all forex brokers, big and small. Through our technology, we want to help forex brokers improve their service and deliver a better, faster online trading experience to traders worldwide. Q What are the challenges brokers face when trying to reduce latency? Many brokers believe that by having their main server in a major trading hub like New York, Tokyo, or London, they can reduce latency for all of their clients worldwide. But this isn’t the case. Having their main servers in these locations is great for market-side latency, but it won’t do anything to improve their client-side latency. And in order to truly reduce latency for clients, brokers need to reduce latency at all stages of the trade execution. The best way for forex brokers to do this is by choosing the right service providers. Firstly, they need to partner with great bridge and liquidity providers. This is the most efficient way of reducing market-side latency. Secondly, they need to find a proxy server provider that can help them get closer to clients. By having proxy servers in strategic locations worldwide, brokers can benefit from faster data transfers and therefore faster trading. This is the most effective way of reducing client-side latency.
