ATC Brokers Steps up Game with Launch of UK FX Brokerage

by Adil Siddiqui
  • The US-origin introducing broker in the FX markets has ramped up its offering with the launch of it's newly regulated UK entity. ATC Brokers goes live with its FCA authorised firm offers MT4 via Spotex liquidity.
ATC Brokers Steps up Game with Launch of UK FX Brokerage

US regulated introducing broker in FX has extended its global footprint with the launch of its new global headquarters in the world's financial capital, London. ATC Brokers is launching its new international entity enhancing its role as an introducer to provide complete front-to-back trading solutions to traders.

ATC brokers will commence activities in the UK from today. During a telephone interview with Forex Magnates, a spokesperson at the firm explained that it will be offering competitive trading conditions through its UK regulated solution.

The firm enters the congested UK market which has seen an influx of providers from the USA take up abode after the troublesome leverage rulings came into act following the implementation of the Dodd-Frank financial legislation. However, ATC is one of the first firms that has set up in the London market with IB status.

Established in the US as an introducing broker in 2005, ATC’s new UK-based operation launches in mid-August, the firm will offer users access to deep, quality Liquidity for a wide range of FX market participants, from individual traders to sophisticated FIX API traders.

The broker explained to Forex Magnates that it has built a solid framework around its core offering using associated bridging and aggregation tools. ATC will initially offer FX trading via the MetaTrader 4 platform, along with its proprietary advanced order interface. ATC will also be releasing a new piece of trading software, FX Speed, which is a powerful client terminal integrated with the Spotex ECN. The new FX Speed Trading Platform is built to support automated trading strategies and custom indicators.

Michael Mirarchi, the firm’s CEO, commented in a statement: “With our UK launch, we're excited to expand on our successful ten year track record as a US introducing broker. We have worked diligently to build a framework that delivers all of our core values – transparency, robust technology, STP execution, excellent customer service and competitive pricing – before launching.”

The UK continues to position itself as a preferred destination for international firms looking to relocate or set up shop in the financial centre. Recent entrants to the London market have been Japanese and Australian brokers with new players such as ThinkForex and GoMarkets sitting in the queue.

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“We launched in the UK because dealing with a regulated broker has become a key requirement for every FX trader, especially those worried about safety of funds. We have spent much of the last year working closely with the FCA to ensure our offering satisfies all of the criteria set forth by the regulator.

We will continue to work in tandem with our client base over the coming months to ensure we are offering a transparent, well regulated trading environment, along with an optimum level of customer service,” added Mr. Mirarchi.

The firm has built up an established offering for users via its IB, however its new headquarters will dictate future growth and strategic developments. The firm is keen to extend its global footprint into the Asia and Middle Eastern regions.

"While strong volumes exceeding several billion in monthly turnover within our US IB business provide a fitting launch pad for our UK expansion, Asia and the Middle East also represent exciting opportunities to grow into new markets and develop a global brand for ATC. We look forward to building our global customer base and developing our offering in-line with the evolving needs of the market," concluded Mirarchi.

US regulated introducing broker in FX has extended its global footprint with the launch of its new global headquarters in the world's financial capital, London. ATC Brokers is launching its new international entity enhancing its role as an introducer to provide complete front-to-back trading solutions to traders.

ATC brokers will commence activities in the UK from today. During a telephone interview with Forex Magnates, a spokesperson at the firm explained that it will be offering competitive trading conditions through its UK regulated solution.

The firm enters the congested UK market which has seen an influx of providers from the USA take up abode after the troublesome leverage rulings came into act following the implementation of the Dodd-Frank financial legislation. However, ATC is one of the first firms that has set up in the London market with IB status.

Established in the US as an introducing broker in 2005, ATC’s new UK-based operation launches in mid-August, the firm will offer users access to deep, quality Liquidity for a wide range of FX market participants, from individual traders to sophisticated FIX API traders.

The broker explained to Forex Magnates that it has built a solid framework around its core offering using associated bridging and aggregation tools. ATC will initially offer FX trading via the MetaTrader 4 platform, along with its proprietary advanced order interface. ATC will also be releasing a new piece of trading software, FX Speed, which is a powerful client terminal integrated with the Spotex ECN. The new FX Speed Trading Platform is built to support automated trading strategies and custom indicators.

Michael Mirarchi, the firm’s CEO, commented in a statement: “With our UK launch, we're excited to expand on our successful ten year track record as a US introducing broker. We have worked diligently to build a framework that delivers all of our core values – transparency, robust technology, STP execution, excellent customer service and competitive pricing – before launching.”

The UK continues to position itself as a preferred destination for international firms looking to relocate or set up shop in the financial centre. Recent entrants to the London market have been Japanese and Australian brokers with new players such as ThinkForex and GoMarkets sitting in the queue.

download (3)

“We launched in the UK because dealing with a regulated broker has become a key requirement for every FX trader, especially those worried about safety of funds. We have spent much of the last year working closely with the FCA to ensure our offering satisfies all of the criteria set forth by the regulator.

We will continue to work in tandem with our client base over the coming months to ensure we are offering a transparent, well regulated trading environment, along with an optimum level of customer service,” added Mr. Mirarchi.

The firm has built up an established offering for users via its IB, however its new headquarters will dictate future growth and strategic developments. The firm is keen to extend its global footprint into the Asia and Middle Eastern regions.

"While strong volumes exceeding several billion in monthly turnover within our US IB business provide a fitting launch pad for our UK expansion, Asia and the Middle East also represent exciting opportunities to grow into new markets and develop a global brand for ATC. We look forward to building our global customer base and developing our offering in-line with the evolving needs of the market," concluded Mirarchi.

About the Author: Adil Siddiqui
Adil Siddiqui
  • 1625 Articles
About the Author: Adil Siddiqui
  • 1625 Articles

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