Boston Technologies attains FSA license for its prime brokerage Boston Prime
- Boston Technologies were just granted an official FSA license to its prime brokerage venture - Boston Prime. Boston's BT Prime serves as a prime brokerage for its clients plugging them to liquidity of a dozen or so banks. This also is used as a feed to those brokers who require it.
Boston Technologies was just granted an official FSA license to its prime brokerage venture - Boston Prime. Boston's BT Prime serves as a prime brokerage for BT's clients plugging them to 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 of a dozen or so banks. This also is used as a feed to those brokers who require it.
Boston's licenses are found here: https://www.fsa.gov.uk/register/firmPermissions.do?sid=258356 and are:
- Agreeing to carry on a regulated activity
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Dealing in investments as agent
- Making arrangements with a view to transactions in investments
Boston pushed for this status as it was both required in many jurisdictions and will be perceived as more organized and safe for all of its clients. Leverate is rumored to be going through same procedure in Cyprus.
Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
Boston Technologies was just granted an official FSA license to its prime brokerage venture - Boston Prime. Boston's BT Prime serves as a prime brokerage for BT's clients plugging them to 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 of a dozen or so banks. This also is used as a feed to those brokers who require it.
Boston's licenses are found here: https://www.fsa.gov.uk/register/firmPermissions.do?sid=258356 and are:
- Agreeing to carry on a regulated activity
- Arranging (bringing about) deals in investments
- Arranging safeguarding and administration of assets
- Dealing in investments as agent
- Making arrangements with a view to transactions in investments
Boston pushed for this status as it was both required in many jurisdictions and will be perceived as more organized and safe for all of its clients. Leverate is rumored to be going through same procedure in Cyprus.