Atom8 Upgrades ECN Offering Spreads and Liquidity Depth, Adds CFDs
- FCA regulated brokerage Atom8 has expanded its offering to include indices, commodities and treasuries
Atom8, the London based, Financial Conduct Authority regulated brokerage focusing on institutional clients, has announced to its clients that it is revamping its offering. The company asserts in a statement that it has greatly improved its offering for clients as part of a broader effort to gain new clients and increase its market share.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The letter to clients states that Atom8 has substantially cut its spreads and more importantly has added more more depth to its Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. With the Top of Book price starting from 1 million notional and with additional market depth for a number of foreign exchange pairs totaling 20 million, the company is aiming to significantly improve trading conditions for its clients.
In addition, Atom8 has introduced new CFD instruments, which grant clients access to trading a number of global indices, commodities, precious metals and treasury notes.
Commenting to Finance Magnates on the revamped offering, the co-founder and CEO of Atom8 David Andrews said: “Atom8 has always designed its offering for a professional/institutional client base and we have worked very hard to continually upgrade every aspect of our liquidity provision in accordance with our Best Execution obligations.”
“We believe the clients require institutional standards of service and we have made recent changes to our liquidity offering to provide new products, institutional level depth, and exceptional execution. Our recent staff hires underline our commitment to this space and the response has been overwhelmingly positive. For us, 2016 has been the beginning of a period of dynamic growth for the foreseeable future,“ he added.
Elaborating on the changes to the foreign exchange liquidity offering, Andrews said: “Many firms display extremely tight spreads at the top of book price, however, the amount of liquidity at that price is so low that the client has almost no chance of actually getting executed at that price.”
“Atom8’s has worked with a group of select new partners to customize aggregated liquidity pools with minimum $1 million top of the book, while maintaining transparent, competitive spreads and pricing. To minimize the spread, Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term from different regions were added to these liquidity pools to maintain competitive spreads during all time zones.”
Atom8, the London based, Financial Conduct Authority regulated brokerage focusing on institutional clients, has announced to its clients that it is revamping its offering. The company asserts in a statement that it has greatly improved its offering for clients as part of a broader effort to gain new clients and increase its market share.
The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.
The letter to clients states that Atom8 has substantially cut its spreads and more importantly has added more more depth to its Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term. With the Top of Book price starting from 1 million notional and with additional market depth for a number of foreign exchange pairs totaling 20 million, the company is aiming to significantly improve trading conditions for its clients.
In addition, Atom8 has introduced new CFD instruments, which grant clients access to trading a number of global indices, commodities, precious metals and treasury notes.
Commenting to Finance Magnates on the revamped offering, the co-founder and CEO of Atom8 David Andrews said: “Atom8 has always designed its offering for a professional/institutional client base and we have worked very hard to continually upgrade every aspect of our liquidity provision in accordance with our Best Execution obligations.”
“We believe the clients require institutional standards of service and we have made recent changes to our liquidity offering to provide new products, institutional level depth, and exceptional execution. Our recent staff hires underline our commitment to this space and the response has been overwhelmingly positive. For us, 2016 has been the beginning of a period of dynamic growth for the foreseeable future,“ he added.
Elaborating on the changes to the foreign exchange liquidity offering, Andrews said: “Many firms display extremely tight spreads at the top of book price, however, the amount of liquidity at that price is so low that the client has almost no chance of actually getting executed at that price.”
“Atom8’s has worked with a group of select new partners to customize aggregated liquidity pools with minimum $1 million top of the book, while maintaining transparent, competitive spreads and pricing. To minimize the spread, Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term from different regions were added to these liquidity pools to maintain competitive spreads during all time zones.”