Ironbeam becomes CME clearing member and launches MT5
“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.