Advanced Markets Launches Fully Segregated Tri-Party Custody Credit Structure in Hong Kong
- The structure, claimed to provides an unparalleled level of security, was originally launched in the US to enable large securities brokers to partner with the firm when it was a lightly capitalized start-up operation.
Advanced Markets Ltd, the FX and metals wholesale 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 provider, has just announced it now provides a fully segregated tri-party custody account for qualifying brokers and fund managers based in Asia. The account structure, which is available in the US, enables brokers and fund managers to open and maintain custody accounts in their name for their margin funds.
The firm explains that the accounts are subject to a three-way account agreement, enabling Advanced Markets to perform daily pays and collects based strictly on the client’s trading gains and losses.
The account structure, which the firm claims provides an unparalleled level of client fund security, was originally developed and launched in the US by Advanced Markets, Macquarie Bank and Deutsche Bank National Trust Company in 2009. At the time, it was said to be necessary to enable large securities broker-dealer clients of Advanced Markets to do business with the firm when it was a lightly capitalized Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term operation.
Anthony Brocco, CEO, Advanced Markets
“Our fully segregated tri-party custody solution provides the highest level of fund security and control available,” said Anthony Brocco, Executive Chairman, Advanced Markets LLC. “We’re pleased to make it available locally to our clients in Hong Kong, China and throughout Asia.”
In addition to fully segregated tri-party custody accounts, Advanced Markets also offers “prime of prime” and multi-currency margin credit solutions to eligible clients. The firm provides prime of prime services through its prime brokers, Citi and Deutsche Bank.
Advanced Markets Ltd, the FX and metals wholesale 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 provider, has just announced it now provides a fully segregated tri-party custody account for qualifying brokers and fund managers based in Asia. The account structure, which is available in the US, enables brokers and fund managers to open and maintain custody accounts in their name for their margin funds.
The firm explains that the accounts are subject to a three-way account agreement, enabling Advanced Markets to perform daily pays and collects based strictly on the client’s trading gains and losses.
The account structure, which the firm claims provides an unparalleled level of client fund security, was originally developed and launched in the US by Advanced Markets, Macquarie Bank and Deutsche Bank National Trust Company in 2009. At the time, it was said to be necessary to enable large securities broker-dealer clients of Advanced Markets to do business with the firm when it was a lightly capitalized Startup Startup A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c A company operating within its first stage of investing is known as a startup. While startups may give the impression that the company must be new, that is not always the case.Many companies can have this designation after nearly three years of existence. Typically, a company exits the startup status after a period between 3 to 5 years or after successful funding rounds where capital is acquired. Startups tend to derive out of the belief that there is a demand for a service or product which is c Read this Term operation.
Anthony Brocco, CEO, Advanced Markets
“Our fully segregated tri-party custody solution provides the highest level of fund security and control available,” said Anthony Brocco, Executive Chairman, Advanced Markets LLC. “We’re pleased to make it available locally to our clients in Hong Kong, China and throughout Asia.”
In addition to fully segregated tri-party custody accounts, Advanced Markets also offers “prime of prime” and multi-currency margin credit solutions to eligible clients. The firm provides prime of prime services through its prime brokers, Citi and Deutsche Bank.