Advanced Markets Group has added Single Stock CFDs to its expansive suite of tradeable products, mostly including large-cap US, European and Asian Stocks. The company will be soon expanding further by adding more geographies and expanding into mid-cap.
The Single Stock CFDs are being offered to regulated environments (FCA UK and ASIC Australia) with the full benefits of equity trading such as dividend distribution and extended market hours. The institutional multi-asset liquidity and true prime-of-prime service provider is providing access to the initial package via FIX API and various front-end platforms.
Natallia Hunik, Chief Revenue Officer at Advanced Markets Group, commented:
“I believe that access to US equities is the most sought after, due to the fact that the U.S. market is the largest, and most valuable stock market in the world today. We offer a wide range of company stocks, including the most notable US tech giants as well as the largest European and Asian companies listed on the US exchanges.”
In September 2019, Advanced Markets partnered with Autochartist to increase customer acquisition, trading activity and retention for customers by using a number of broker-centric products provided by Autochartist. The broker provides price liquidity, trade execution and technology solutions to banks, hedge funds, commodity trading advisors, corporations and other institutional market participants.
Earlier this year, Advanced Markets signed up with liquidity comparison platform, LiquidityFinder. The platform enables institutions to compare liquidity offering of the different liquidity provider and select one according to the business requirements. In late 2018, Advanced Markets signed Standard Chartered Bank as a foreign exchange prime broker for its Direct Market Access (DMA/STP) liquidity infrastructure. In late 2018, Advanced Markets signed Standard Chartered Bank as a foreign exchange prime broker for its Direct Market Access (DMA/STP) liquidity infrastructure.
In March 2018, Advanced Markets, in cooperation with sister fintech company Fortex, announced the launch of their MetaTrader 5 White Label program, which is part of the “Start your own brokerage” packages and includes the distribution of liquidity to qualified institutional customers. The offering provides commercial access to the fast growing, and high margin, FX market space with cutting-edge technology from Fortex alongside 100% STP liquidity from Advanced Markets.
In 2017, the joint venture between Advanced Markets Ltd and Fortex appointed former PrimeXM Raphael Ribeaucourt as Vice President of Institutional Sales, reporting directly to Natallia Hunik, Global Head of Sales at both companies. Ribeaucourt spent 8 years there as a Head of Business Development at PrimeXM and four years as Senior Sales Executive at Baxter Financial Services .