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      Advanced Markets Launches UK, FCA regulated company

      Published: just now

      Advanced Markets Launches UK, FCA regulated company

      LONDON, 31 October 2018 – Advanced Markets, an institutional foreign exchange liquidity and prime-of-prime service provider, has launched Advanced Markets (UK) Limited (AM (UK)), an FCA-regulated company. The entity includes new trading servers in Equinix’s LD4 and LD5 data centers as well as a new London office headed by industry veteran Nina Baksh.

      NinaBakshAM.jpeg
      Nina Baksh, MD Advanced Markets UK Ltd. (Photo Source: LinkedIn)

      “The launch of our comprehensive London operation is an important step in the company’s global strategy,” said Anthony Brocco, Founder and CEO, Advanced Markets. “It enables us to better serve our institutional broker and fund manager clients in the UK and Europe, by providing a regional matching engine, which is fully cross connected with our bank and non-bank liquidity providers.”

      Under the terms of its FCA registration, AM (UK) may act only as a Matched Principal Broker, meaning it is required to match every client trade with an offsetting transaction with a liquidity provider. This model not only limits the firm’s market risk, it also aligns the firm’s interests with those of its clients.

      AM (UK) is further limited to dealing with qualified professional counterparties only, matching the company’s global policy.

      Advanced Markets’ Direct Market Access (DMA/STP) liquidity model, which the firm pioneered upon its launch in 2006, enables FX market participants to trade anonymously on prices streamed by leading liquidity providers in a fully transparent, anonymous market structure. The combination of the firm’s DMA/STP model and robust low latency trading infrastructure has driven participation from leading brokers, fund managers and other institutions.

      About Advanced Markets Advanced Markets is a wholesale provider of prime-of-prime liquidity, credit and technology solutions to banks and brokers globally. The firm’s products support direct market access trading in spot FX and precious metals as well as contracts for differences (CFD) across financial and commodity products. It also provides spot FX, precious metals, and CFD trading and credit solutions and services to fund managers, commodity trading advisors, and corporate clients.

      Through its wholesale client base, Advanced Markets liquidity ultimately serves more than 40,000 institutional and individual clients in more than 30 countries globally. (The firm does not do business with retail traders directly.)

      Advanced Markets is jointly owned by Macquarie Americas Corp Inc. (a wholly-owned subsidiary of Macquarie Bank), BGC Partners and firm management.

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      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
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