Advanced Markets Boosts Liquidity Offering with Crypto CFDs

by Aziz Abdel-Qader
  • What was originally perceived as a short-lived fad, has proved itself to be a viable alternative to established markets.
Advanced Markets Boosts Liquidity Offering with Crypto CFDs
FM

Advanced Markets Group has expanded its Liquidity offering by launching contracts for difference (CFD) on eight Cryptocurrencies , which marks the first stage of its decisive move into the surging arena.

The new crypto instruments are part of a wider offering from the FCA-regulated multi-asset liquidity and PoP service provider that includes Forex, contracts for difference (CFDs), and precious metals. The newly listed instruments include CFDs on Bitcoin, Bitcoin Cash, Ether, Ripple, EOS, NEO, Stellar and Litecoin.

CFDs are often a more convenient way of trading cryptocurrencies, as it allows traders to speculate on price movements without having to own or store the virtual currencies.

This launch marks another expansion into the crypto derivatives market by the FCA and ASIC-licensed PoP broker, which is an exciting development for the virtual asset class. With typical FCA diligence, Advanced Markets should have ticked all of the boxes in the design and implementation of its offering.

Cryptos proved itself to be a viable alternative

Advanced Markets operates a 100 percent STP/agency model based on its FCA and AFSL licenses. Advanced Markets’ STP platform enables FX market participants to trade on prices streamed by more than ten FX banks in an anonymous market structure.

Earlier last year, the company has added Standard Chartered Bank to its FX prime brokers as the firm extends the range of clients that can use a prime brokerage to trade via its liquidity infrastructure.

Commenting on the news, Natallia Hunik, global head of sales at Advanced Markets said: “The cryptocurrency market has had its up and downs, but it’s certainly emerging as an asset class on a global arena. Despite uncertainty surrounding the outlook for many of the cryptocurrencies, we see a growing adoption of crypto by both retail and institutional investors, proving that it has the merits to exist. We are proud to start offering crypto CFD pricing and execution to our institutional clients as they look to expand their investment horizons and take advantage of this highly volatile asset class.”

Advanced Markets Group has expanded its Liquidity offering by launching contracts for difference (CFD) on eight Cryptocurrencies , which marks the first stage of its decisive move into the surging arena.

The new crypto instruments are part of a wider offering from the FCA-regulated multi-asset liquidity and PoP service provider that includes Forex, contracts for difference (CFDs), and precious metals. The newly listed instruments include CFDs on Bitcoin, Bitcoin Cash, Ether, Ripple, EOS, NEO, Stellar and Litecoin.

CFDs are often a more convenient way of trading cryptocurrencies, as it allows traders to speculate on price movements without having to own or store the virtual currencies.

This launch marks another expansion into the crypto derivatives market by the FCA and ASIC-licensed PoP broker, which is an exciting development for the virtual asset class. With typical FCA diligence, Advanced Markets should have ticked all of the boxes in the design and implementation of its offering.

Cryptos proved itself to be a viable alternative

Advanced Markets operates a 100 percent STP/agency model based on its FCA and AFSL licenses. Advanced Markets’ STP platform enables FX market participants to trade on prices streamed by more than ten FX banks in an anonymous market structure.

Earlier last year, the company has added Standard Chartered Bank to its FX prime brokers as the firm extends the range of clients that can use a prime brokerage to trade via its liquidity infrastructure.

Commenting on the news, Natallia Hunik, global head of sales at Advanced Markets said: “The cryptocurrency market has had its up and downs, but it’s certainly emerging as an asset class on a global arena. Despite uncertainty surrounding the outlook for many of the cryptocurrencies, we see a growing adoption of crypto by both retail and institutional investors, proving that it has the merits to exist. We are proud to start offering crypto CFD pricing and execution to our institutional clients as they look to expand their investment horizons and take advantage of this highly volatile asset class.”

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

More from the Author

CryptoCurrency

!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}