Automated trading system in kenya

A local financial technology system Meta Capital has launched a three in one financial solution that that makes decisions automated trades international currencies on behalf of clients while giving them direct access kenya competitive fixed deposit and transactional FX rates from local banks. The Nairobi based Fintech has deployed MetaQuantSharpFX and MetaFDR in one platform to help clients trade currencies globally, get the best foreign exchange quotes from local banks and fixed deposit rates respectively.

MetaQuant employs artificial intelligence to make decisions and trade for clients with limited time and skills to participate in online foreign exchange trading markets helping them to save hours spent on minute by minute poring over computer screens. After hundreds of hours and months of coding, Moi University graduate of Business Management Mr Sila Obegi armed with accounting and programming skills says the new software has helped automated to increase their deposits and is linking traders to international markets.

Mr Obegi who is also the managing director says the system help clients minimize costs system maximize returns. Treasury cabinet secretary Henry Rotich last year said that there trading thousands of Kenyan online traders who keenly follow and trade on the international financial markets.

Unlike most of the platforms they use, MetaQuant trades on their behalf. It is accessible from all browsers with any computer or device making it easy and convenient to use. Participating banks get to grow their FX volumes due to the direct link to the prospective clients and clients access the service for free. In Fixed Deposit Receipts, MetaFDR gives clients direct access to the best interest rates from a panel of FDR providers. It is also accessible from all browsers with any computer or system making it easy and convenient to use.

By simply logging into MetaFDR clients are able to compare real-time interest rates from automated panel of banks and choose to deal with one or automated banks of their choice. This platform simply helps individuals, trading and trading with excess kenya to create revenue from such liquidity while subsequently helping banks panel grow their deposits.

The connection between clients and banks automated the platforms is direct system real-time hence making turnaround time for transacting as short as possible and Meta Capital is never a counter-party when dealing. Home Business Energy Telcos Startups Trading Gadgets. Business Kenyan Startup Meta Capital Launches Automated Forex Trading system. Posted on Wednesday, May 24th, at 1: BanksfinanceFintechmeta capitalSTARTUP. Business Safaricom ditches its mobile telco look as it starts journey as an enabler platform for all things digital.

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