Ironbeam becomes CME clearing member and launches MT5

Rick Steves

“The direct clearing aspect along with our low-latency proprietary trading tools and technology solutions make Ironbeam the ideal trading destination.”

Ironbeam has become a CME Group clearing member firm, which has allowed the futures brokerage firm to grow customer segregated assets of approximately 20% during the three months since becoming one of the only direct clearing members that offers a proprietary modern cloud-based trading and clearing experience.

Operating out of the Chicago Board of Trade, the broker boasts a free Ironbeam App trading platform providing direct access to over 700,000 trading instruments with low-latency market data and order routing.

CME clearing member with proprietary technology

Omid Farr, Founder and CTO of Ironbeam Inc. commented: “It has been exciting seeing the growth in all business segments in the last few months as a CME Group clearing member. The direct clearing aspect along with our low-latency proprietary trading tools and technology solutions make Ironbeam the ideal trading destination.”

Robert Terrell, CEO of Ironbeam said: “We have delivered on our expectations and our roadmap will continue to enhance the modern trading experience.”

Ironbeam was launched in 2010 as a technology-centric futures brokerage firm dedicated to providing technology solutions that cater to the needs of futures participants and the modern futures trader.

The broker has been a CME Group member clearing firm for three months now and stands as one of the only clearing firms offering trading solutions powered by its own proprietary technology.

Ironbeam launched MetaTrader 5

The futures broker has recently partnered with AxiomaticAI and is now able to offer the MetaTrader 5 futures trading platform to direct Ironbeam customers. MT5 is a multi-asset platform offering a range tools for price analysis, algorithmic (Automated) trading, custom indicators, scripting, powerful charting and access to the vast MetaTrader 5 Community.

AxiomaticAI is a full-service fintech solutions company that provides hosted MetaTrader 5 platform-as-a-service (PAAS) along with the “AxioGateway” direct market access (DMA) bridge that connects MetaTrader 5 to dozens of live exchanges & markets worldwide. AxiomaticAI, which provides hosted MetaTrader 5 platform-as-a-service along with a DMA bridge that connects MT5 to live exchanges and markets worldwide, has worked closely with the team at Ironbeam to be able to offer the platform to Ironbeam customers.

Read this next

Market News

Stock Market Analysis: Is NVDA Losing Its Leadership?

Since the beginning of the week, the S&P 500 Index (US500) has seen a modest increase of about 0.58%, whereas NVDA’s share price has experienced a decline of approximately 3.8%. This recent divergence raises concerns among Nvidia stock investors — could it signify a loss of NVDA’s market leadership?

Industry News

ESG: Australian regulator wins first greenwashing court case against Vanguard

Vanguard admitted that a notable portion of the securities within both the Index and the Fund did not undergo the promised ESG scrutiny.

Fintech, Uncategorized

BitMEX integrates HALO from Solidus Labs for cross-market surveillance

““The recent approval of the Spot Bitcoin ETF has piqued the market’s interest. As a result of price volatility, the trading volumes for crypto derivatives have gone up substantially. HALO, with its advanced technology and crypto-native detection architecture, will enable BitMEX to smoothly and safely scale trade surveillance across its increased trading volumes and provide the necessary safeguards for new product launches.”

Reviews

IUX Broker Review

IUX, recently rebranded from IUX Markets, stands as a multi-asset Forex broker recognized for its regulatory compliance across various jurisdictions.

Industry News

Horizon Software rebrands to Horizon Trading Solutions

“Horizon Trading Solutions has seen accelerated global growth over the past year to meet the rising demand for our trading solutions and built-for-purpose technology offering. The choice to rebrand represents a key part of this development, while maintaining our heritage and history in the industry.”

Market News

USDJPY has surged to levels last witnessed in 2022. Should we consider opening a short position?

The recent resurgence of the US dollar has propelled USD/JPY to new heights, touching levels not seen since 2022. This surge comes against the backdrop of stable short-term yields and ongoing economic data that fails to signal a significant slowdown, prompting questions about the extent of current monetary easing measures.

Digital Assets

DED Trends on Twitter After Memecoin Snapshot Announcement

Polkadot-backed community coin #DED, made it to the trending charts on X, demonstrating community’s engagement and interest behind the memecoin. 

Digital Assets

BlockDAG Presale Nears $10 Million Amid Toncoin’s Momentum, Green Bitcoin’s Presale, and the Rise of Other Top Cryptos

This article will examine three top trending topics: Toncoin’s potential, Green Bitcoin’s innovative presale, and BlockDAG’s sustainable mining approach. These cryptocurrencies take centre stage for their uniqueness and innovation.

Digital Assets

Coinbase scores minor victory vs SEC, but lawsuit to proceed

A federal judge in Manhattan, U.S. District Judge Katherine Polk Failla, ruled on Wednesday that the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase can largely proceed.

<