Advanced Markets Adds Spot Crude Oil, Russian Ruble and Thai Baht
- The FX and metals wholesale liquidity provider is entering the energy market for the first time with spot oil contracts and plans for natural gas contracts in the coming weeks that will act like Forex.
Advanced Markets, a 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, technology and credit FX and metals brokerage solutions, announced today that it has launched trading in spot crude oil, Russian ruble and Thai baht. The launch of the new products marks the firm’s entry into energy trading and expands its offering of emerging markets' currencies.
The new spot oil contracts, which are trading in beta mode currently, are tied to the most widely traded delivery grades of crude oil: West Texas Intermediate (WTI) and Brent. Advanced Markets also announced that natural gas products will be launched in the coming weeks to round out the firm’s commodities range, which includes gold, silver, platinum and palladium.
The energy products are spot or cash instruments unlike other broker offerings. Spot contracts follow spot FX conventions, including overnight rolls charged or paid as in spot FX. The cash contracts closely track trading in the related front-months crude oil futures contracts. Unlike futures there is no expiry date and funding charges are evenly spread over the month rather than the once per month jump that is typically associated with CFDs.
Anthony Brocco, CEO, Advanced Markets
“In launching energy products we saw an opportunity to add value with a differentiated, DMA spot product,” said Anthony Brocco, Executive Chairman, Advanced Markets. “In the coming weeks and months we will continue to roll out new products for our broker clients that Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the myriad benefits of our 100 per cent DMA agency model.”
In addition to the new energy products, Advanced Markets has launched trading in Russian ruble and Thai baht. The ruble and baht were launched for trading following what the company calls, "the successful debut" of Chinese renminbi (CNH) trading in March. The new currency pairs will be traded via Advanced Markets’ Direct Market Access (DMA) market structure, which enables end users to trade on liquidity provided by bank market makers in an agency model. Initially, the currencies will be paired with the U.S. dollar.
Advanced Markets, a 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, technology and credit FX and metals brokerage solutions, announced today that it has launched trading in spot crude oil, Russian ruble and Thai baht. The launch of the new products marks the firm’s entry into energy trading and expands its offering of emerging markets' currencies.
The new spot oil contracts, which are trading in beta mode currently, are tied to the most widely traded delivery grades of crude oil: West Texas Intermediate (WTI) and Brent. Advanced Markets also announced that natural gas products will be launched in the coming weeks to round out the firm’s commodities range, which includes gold, silver, platinum and palladium.
The energy products are spot or cash instruments unlike other broker offerings. Spot contracts follow spot FX conventions, including overnight rolls charged or paid as in spot FX. The cash contracts closely track trading in the related front-months crude oil futures contracts. Unlike futures there is no expiry date and funding charges are evenly spread over the month rather than the once per month jump that is typically associated with CFDs.
Anthony Brocco, CEO, Advanced Markets
“In launching energy products we saw an opportunity to add value with a differentiated, DMA spot product,” said Anthony Brocco, Executive Chairman, Advanced Markets. “In the coming weeks and months we will continue to roll out new products for our broker clients that Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the myriad benefits of our 100 per cent DMA agency model.”
In addition to the new energy products, Advanced Markets has launched trading in Russian ruble and Thai baht. The ruble and baht were launched for trading following what the company calls, "the successful debut" of Chinese renminbi (CNH) trading in March. The new currency pairs will be traded via Advanced Markets’ Direct Market Access (DMA) market structure, which enables end users to trade on liquidity provided by bank market makers in an agency model. Initially, the currencies will be paired with the U.S. dollar.