Metabit Expands Asian Connectivity
In the past year, Tokyo-based Metabit has concentrated on building its connectivity across Asia. The company aims to be the local face of execution destinations in Asia and over the past eight months, it has added an extra 13 domestic DMA destinations, expanding domestic and cross-border access to Asian markets.
“Metabit is at the heart of connectivity in Asia” comments Daniel Burgin, CEO of Metabit, “not just for providing access to Asia for global players, but also in particular for the local and domestic industry in this region.”
“For example, in India we have 20 execution destinations of which 10 are domestic Indian brokers. We are similarly successful with increased connectivity in other countries such as Korea and Taiwan.”
Overall, Metabit’s trading access has been extended to many markets ranging from Indonesia to Pakistan and Mainland China to Australia. The company now has access to over 250 execution destinations, across all active DMA markets in Asia, including Japan.
“We want to maximise connectivity to and within Asia for our client base, who can directly access all execution destinations across the major and emerging markets in Asia either through Metabit’s intuitive XiliX trading platform, or through our MLH via a single FIX connection.”
Burgin adds a final comment, “Situated where we are in Tokyo, with offices in Hong Kong, Dalian and Sydney, we understand the needs of Asia market players, whether they want to trade globally or locally. You could say the mindset of Asia is in our blood – we think Asia, so our clients can trade Asia.”