Mt Cook Financial

[MT.COOK]

Hey Chubby. It is going to take a few weeks until the full ASIC integration is ready (we need to engage Metaquotes for some things). But afterwards we will offer standard MT4 PAMs (the same as most brokers use) and will have traditional funding sources in addition to our normal bank wire and Neteller options.

The ECN PAM however (where clients can invest in any currency, and set their own risk multipliers, and hard equity stops etc... ) will only be offered on the FSB (Global) license for the time being. We hope in due course that we will have it available under both licenses. But out of the gate, it will be regular PAMs on the ASIC license, and the advanced hybrid ECN PAM on the global FSB license.

[Chubby38]

Hey Chubby. It is going to take a few weeks until the full ASIC integration is ready (we need to engage Metaquotes for some things). But afterwards we will offer standard MT4 PAMs (the same as most brokers use) and will have traditional funding sources in addition to our normal bank wire and Neteller options.

The ECN PAM however (where clients can invest in any currency, and set their own risk multipliers, and hard equity stops etc... ) will only be offered on the FSB (Global) license for the time being. We hope in due course that we will have it available under both licenses. But out of the gate, it will be regular PAMs on the ASIC license, and the advanced hybrid ECN PAM on the global FSB license.

Thanks for the update....
Will hopefully look forward to the ECN PAM under the ASIC licence in the not too distant future.
The PAM interface system where you can set your own currency/risk/hard stop etc when all the regulation is sorted sounds the way to go.
Cheers
Chubby

[barnacle]

Is there any update on the ASIC licence ?
Any update on a Hybrid ECN PAM under the ASIC licence occurring ?
Thanks

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