Atom8 Upgrades ECN Offering Spreads and Liquidity Depth, Adds CFDs

by Victor Golovtchenko
  • FCA regulated brokerage Atom8 has expanded its offering to include indices, commodities and treasuries
Atom8 Upgrades ECN Offering Spreads and Liquidity Depth, Adds CFDs

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 . 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 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 . 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 from different regions were added to these liquidity pools to maintain competitive spreads during all time zones.”

About the Author: Victor Golovtchenko
Victor Golovtchenko
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About the Author: Victor Golovtchenko
  • 3423 Articles
  • 7 Followers

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