Advanced Markets Ltd. has launched a composite of ten contracts for difference (CFD) instruments to their overall suite of tradable products, according to an Advanced Markets statement.
Advanced Markets is an ASIC-licensed Prime of Prime (PoP) brokerage, catering to a number of institutional and retail clients. Back in March, the firm hired a new 10 person team of sales personnel across its institutional prime brokerage, liquidity and technology business, all of which having been previously affiliated with Boston Technologies Inc.
The new offering panders towards Advanced Markets’ wholesale institutional clients who are looking to augment their respective product lines, whilst diversifying their revenue streams via cash-based leveraged CFD products.
Forex in Russia: 100 Steps BackGo to article >>
Indeed, the CFD offering will be implemented across major global US, European and Asian indices, together with other asset classes offered by Advanced Markets, through a consolidated interface.
More specifically, CFDs will be initiated to clients through multiple liquidity channels, including FIX API, the MetaTrader 4 platform, Fortex 5 multi-asset platform, Forex 6 web based platform, among others.
According to Natallia Hunik, Global Head of Sales at Advanced Markets in a recent statement on the offering, “Advanced Markets recognizes the importance of having a complete multi-asset offering in today’s complex marketplace.”
“With the addition of CFDs, our comprehensive low-cost solution will further empower FX brokerage houses and asset managers to gain greater competitive advantages by streamlining their providers while diversifying their offerings,” she added.