Pelican trading, a UK based FCA regulated white label and copy trading service provider recently announced its partnership with another FCA regulated trading service provider Advanced Markets Group. As per statement released by the firm, the agreement between the two parties involves sharing the white label service provider’s proprietary technology with the advanced market in order to boost the former’s client base. Pelican trading is well known for its award-winning social copy trading solutions which it facilitates via its innovative broker-neutral solution which connects users directly with brokers. This service integrates trade execution and communication into a central network for traders and is made available via Pelican social interface – a mobile application supported by both iOS and Android platforms. In simple words, pelican social interface allows broker clients to auto-copy signals, execute trades, chat and analyze performance.
Advanced Markets Group will integrate Pelican’s unique copy trading technology into their existing suite of trading platforms which will enable clients of the group to wide range of innovative features offered by Pelican Social Interface directly in AMG’s native trading platform. The Advanced Markets Group consists of two entities – Advanced Markets Ltd – a firm registered in Australia and Zurich and Advanced Markets (UK) Ltd – an FCA regulated entity which provides prime of prime solutions powering leading FX brokers in UK market. The group under these two banners provides a wide range of services such as price, liquidity, trade execution and white label solutions to banks, brokers, hedge funds, commodity trading advisors, corporations and other institutional market participants. Products which are available for trading in AMG’s trading platforms include Forex, Metals, Energy Commodities CFD’s and Single Stock CFDs.
Speaking about the deal, Pelican Trading Co-Founder and CEO – Mike Read said, “We are very pleased to have partnered with Advanced Markets to provide our copy trading technology to their clients. The relationship demonstrates our ongoing effort in the industry to continue working with and assisting brokers to offer new and innovative products”.
Speaking on same note, Ms. Natalia Hunik – Global Head of Sales at Advanced Markets Group said, “Advanced Markets Group is delighted to announce this partnership with Pelican, whose innovative social copy trading solutions are exemplary. The combination of Pelican’s innovative social copy trading solutions along with Advanced Market’s unparalleled institutional liquidity solutions will undoubtedly bring about significant benefits to FX brokers, traders and asset managers worldwide”.
