MetaTrader 5 is operated on the retail Forex spot market and are the most popular and functional trading platforms in the market. The retail Forex has also allowed to build up a large infrastructure of additional modules and programs around the platfom.
"Its ability to work with the Stock Exchanges is one of the most important features", the trading platform developer company said.
Despite the technical ability of MetaTrader 5 to connect directly to any Stock Exchange, it is necessary to build integrations to each one independently, based on the specific requirements. The Russian Stock Exchange (RTS) is just the first of several Exchanges with which the platform will now be integrated.
"Working with the RTS was easier than with other Stock Exchanges because Russian Stocks is our local market and we did not have any problems with communication. At the same time, we have gained valuable experience and developed new technologies that will seriously speed up integrations with other Exchanges in the future," Alexander Saidullin, the leading developer of MetaTrader 5 said.
The developers have already been talking to several major Russian brokers about the delivery of MetaTrader 5 for trading on the stock exchanges. After the RTS certification, they expect to see the first brokers using MetaTrader 5 on the Exchange in near future. The developers are counting on an early success of MetaTrader 5 in the Stock Markets.
"We are entering the Stock Markets with an improved, tested and fully developed product which has already proved its excellence," Renat Fatkhullin, CEO of MetaQuotes, said.
"Everything that has been developed throughout the years in the retail Forex, overnight has become available to Stock brokers and traders. Moreover, many platforms in the Stock market are characterized by a rather low technical level. And this will also contribute to the success of MetaTrader 5."