Advanced Markets Announces DMAFlex, Advances Currenex Wholesale Solution
- Following regulatory approval with ASIC in Australia, the firm has now refined one of its offerings to better position its Currenex offering under the newly launched DMAflex solution to its institutional clients.
News has just surfaced that Advanced Markets Ltd., has today released DMAflex, which involves a new 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 solution of prime broker credit to its clients using Currenex, according to its latest press release.
The firm offers the Currenex front-end solution to institutional traders and wholesale clients using prime broker credit. Through this solution, Currenex users can trade on Advanced Markets’ DMA bank liquidity aggregated with pricing supplied by non-bank providers, and now in an enhanced manner thanks to DMAflex.
Headquartered in Charlotte, North Carolina, one of the firm's entities is regulated with the Australian Securities and Investment Commission, under Advanced Markets Ltd, a Cayman Islands company, and provides institutional liquidity and wholesale technology and credit solution to online brokerages, fund managers and institutions.
Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates recently covered the company when it added two new metals including platinum and palladium, in late February 2014.
As Currenex has increasingly been used as a platform to offer white-label and customized brokerage solutions, firms are highlighting their value proposition by offering it with tailored components.
For Advanced Markets this includes the capability of clients accessing their signature direct market access (DMA) low latency multi- bank liquidity, with the ECN functionality inherent in the platform.
Anthony Brocco, CEO, Advanced Markets
“DMAflex will extend our direct market access FX liquidity model to institutional traders, who use DMA in equities and other asset classes, as well as to wholesale brokers that white label the Currenex platform,” said Anthony Brocco, Chairman and CEO of Advanced Markets, commenting in the company's official press release regarding the news today.
Mr. Brocco concluded regarding his views on the new product,“We expect DMAflex will benefit institutional traders seeking consistent interbank liquidity in an anonymous, completely transparent, low latency environment.”
News has just surfaced that Advanced Markets Ltd., has today released DMAflex, which involves a new 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 solution of prime broker credit to its clients using Currenex, according to its latest press release.
The firm offers the Currenex front-end solution to institutional traders and wholesale clients using prime broker credit. Through this solution, Currenex users can trade on Advanced Markets’ DMA bank liquidity aggregated with pricing supplied by non-bank providers, and now in an enhanced manner thanks to DMAflex.
Headquartered in Charlotte, North Carolina, one of the firm's entities is regulated with the Australian Securities and Investment Commission, under Advanced Markets Ltd, a Cayman Islands company, and provides institutional liquidity and wholesale technology and credit solution to online brokerages, fund managers and institutions.
Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term Magnates recently covered the company when it added two new metals including platinum and palladium, in late February 2014.
As Currenex has increasingly been used as a platform to offer white-label and customized brokerage solutions, firms are highlighting their value proposition by offering it with tailored components.
For Advanced Markets this includes the capability of clients accessing their signature direct market access (DMA) low latency multi- bank liquidity, with the ECN functionality inherent in the platform.
Anthony Brocco, CEO, Advanced Markets
“DMAflex will extend our direct market access FX liquidity model to institutional traders, who use DMA in equities and other asset classes, as well as to wholesale brokers that white label the Currenex platform,” said Anthony Brocco, Chairman and CEO of Advanced Markets, commenting in the company's official press release regarding the news today.
Mr. Brocco concluded regarding his views on the new product,“We expect DMAflex will benefit institutional traders seeking consistent interbank liquidity in an anonymous, completely transparent, low latency environment.”