Times of crisis have always led to innovation and overhaul of existing technologies across many different industries. This time around seems to be no different.
Metaquotes, the company developing the trading software MetaTrader 4 and Metatrader 5, announced that it is releasing a number of updates for the latter, among which is the ability to trade negatively priced assets.
Obviously the reason behind this decision was the historic crash of the WTI Crude oil price that went negative due to the pandemic. Many of the popular trading platforms did not have, at the time, the capability to tackle such an event. Metatrader 5 does not have that problem now.
That is pretty good news, I think. I wish they'd implement that on MT4 too.
Metaquotes, the company developing the trading software MetaTrader 4 and Metatrader 5, announced that it is releasing a number of updates for the latter, among which is the ability to trade negatively priced assets.
Obviously the reason behind this decision was the historic crash of the WTI Crude oil price that went negative due to the pandemic. Many of the popular trading platforms did not have, at the time, the capability to tackle such an event. Metatrader 5 does not have that problem now.
That is pretty good news, I think. I wish they'd implement that on MT4 too.