Market anatomy
Stakeholders & Responsibility
Who delivers software, who charges prices, who owes the performance – and what is actually proven?
Namable roles instead of blurred responsibility.
| Stakeholders | Contribution | Tested assignment |
|---|---|---|
| MetaQuotes | Platform and related manufacturer services | Product, Company, Version and Contract of Service |
| Broker/Counterparty | Customer contract, account management and execution conditions | Valid contract and regulator register |
| Liquidity/hedging partner | Quotes or counter-positions for the broker | Documented contract or disclosed execution policy |
| Bridge/Plugin Providers | Technical connection or server extension | Concrete product and proven use |
| EA/signal provider | Trading logic or copied trading impulses | Product description, license and verifiable history |
| Supervision / Court | Warning, control or decision | Responsibility, reference number and document status |
The table is a functional overview. A technical supply relationship proves no involvement in any possible wrongdoing. For named relationships, we need sources and temporal reference.
The existing names get their proper context.
GAIN Capital and IKON are named virtual dealer in historical NFA decisions. FXDirectDealer appears in the CFTC order for asymmetric MT4 execution. Forexware is party to the provided Gurung order. These roles must not be drawn together into a common chain of responsibility.
Prospero documents relate to a liquidation and list MetaQuotes in an investment as a supplier cost context. This is a starting point for investigating technical dependencies in a transaction; no proof of breach of duty or fraud by the supplier.
[PROSPERO]Sources & scope
Check the evidence.
- Prospero · Affidavit, 03.09.2024
Provided PDF file_1725420472_176.pdf; NSD1020/2024. Submitted declaration with annexes, no judgment against MetaQuotes.
Document in the research stock provided
Who is actually allowed to make the offer?
Examine permission, provider role, market access and protection requirements for EU, UK, Switzerland and USA together.
Regulatory Requirements · Part I →