Company news

Boston Technologies is launching USDRUB and EURRUB

Boston Technologies Powered by Forexware LLC, a global provider of foreign exchange trading solutions, is pleased to announce its liquidity partners, Boston Prime Ltd. (UK FCA License # 539846) and BT Prime Ltd., are launching USDRUB (US Dollar /Russian Ruble) and EURRUB (Euro/Russian Ruble) on all of our trading platforms.

What is RUB?

Russian Ruble (RUB) is the official currency of Russian Federation, South Ossetia and Abkhazia. It is subdivided into 100 kopeks, also known as copecks.

The Ruble has experienced increased volatility throughout 2014 as political uncertainty surrounding the Ukrainian conflict has continued to unfold.

The introduction of these Russian Ruble crosses, available November 9th 2014, will satisfy increasing investor appetite for these pairs.

What are the benefits of trading USDRUB and EURRUB with BT Prime Ltd. or Boston Prime Ltd.?

1.   Tap into executable ruble liquidity supplied by global counterparties through our effecting Straight Through Processing (STP) solution.

2.   Trade USDRUB and EURRUB alongside other FX instruments from a single MT4 interface, BT Xware Trader or via FIX API.

3.   Use our trading conditions to conveniently execute small trade sizes (from 0.01 standard lot).

4.   Benefit from 100:1 leverage!

"The Russian Ruble is attractive to many investors and as the market for these currencies continues to grow, we have initiated 24 hour ruble trading for our clients. This new two cross addition demonstrates our commitment to support a broad range of emerging market currencies.” said Natallia Hunik, Vice President of Worldwide Sales at Boston Technologies Group of Companies.

Trading Conditions:

Instrument

USDRUB (US Dollar /Russian Ruble)

EURRUB (Euro/Russian Ruble)

Available Liquidity

~1 million (10 standard lots) top of the book**

~1 million (10 standard lots) top of the book**

Min trade size

0.01 lot (1,000 lots)

0.01 lot (1,000 lots)

Max trade size

10 lot (1 million base currency)

10 lot (1 million base currency)

Leverage

1:100

1:100

Average Spread

19 pips (19 kopeks)
*Based on all ticks collected throughout the month of October 2014

29 pips (29 kopeks)
*Based on all ticks collected throughout the month of October 2014

Access

MT4, BT Xware Trader, FIX API

MT4, BT Xware Trader, FIX API

Minimum deposit

USD $50,000

USD $50,000

Decimals

3 digits

3 digits

Swaps

(In base currency

per standard lot)

Long:  -21.6

Short:  18.13

 

Long:  -21.45

Short:  18.77

Session Times

17:15 US Eastern Time (ET) on Sunday to 16:45 ET on Friday*

17:15 US Eastern Time (ET) on Sunday to 16:45 ET on Friday*

 

*Best dealing hours 8.00 am – 4.00 pm (Moscow time)

**Market liquidity USD 500 MLN – 1 bln spot (daily)

*Best dealing hours 8.00 am – 4.00 pm (Moscow time)

**Market liquidity USD 500 MLN – 1 bln spot (daily)

 THESE NEW PAIRS WILL BE AVAILABLE FOR YOUR TRADING ACCOUNT BY REQUEST STARTING NOVEMBER 9th, 2014!

For more information about USDRUB and EURRUB, please contact sales@bostontechnologies.com

Check a list of other available trading instruments here.

Friday, 07 Nov, 2014 / 7:52

Source : http://bostontechnologies.com/

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