Advanced Markets integrates with liquidity aggregation provider FXCubic
FX and CFD brokerage solutions provider Advanced Markets has announced a new integration with FXCubic, a low latency, high-performance, liquidity aggregation and price management services provider.
This FIX integration will enable Advanced Markets to expand its global reach and provide institutional clients with access to an extensive range of liquidity sources. The collaboration between the two companies will also allow for greater transparency in pricing, improved execution speed and lower transaction costs.
FXCubic has been providing liquidity aggregation services since 2017. With this new partnership, FXCubic will be able to leverage its expertise, to offer even more comprehensive solutions to the clients of Advanced Markets.
Advanced Markets CEO, Anthony Brocco said:
“We are excited to announce our new integration with FXCubic, which will enable us to expand our global reach and provide institutional clients with access to an extensive range of liquidity sources, improved pricing transparency and faster execution. This collaboration underscores our commitment to delivering the best possible trading experience for our clients and further strengthens our position as a leading provider of prime-of-prime liquidity, credit and technology solutions in the global financial markets.”
Wassim Khateeb, the Chief Commercial Officer of FXCubic, commented on the completion of the integration with Advanced Markets, saying,
“We are very happy to have completed the integration with Advanced Markets, which will enable us to offer our clients more choices of Liquidity Providers to work with. Our goal is to provide our clients with a broad range of liquidity sources, which will allow them to access more competitive pricing. We believe that this integration will help us achieve this by leveraging our combined strengths to offer even more comprehensive solutions to institutional clients globally.”
About Advanced Markets
Advanced Markets is a wholesale provider of prime-of-prime liquidity, credit and technology solutions to brokers and asset managers globally. The firm’s products support direct market access (STP) trading in spot FX, precious metals and energy, as well as contracts for differences (CFD) across many financial and commodity products. It also provides FX, metals, CFD trading along with credit solutions and services, to fund managers, commodity trading advisors and corporate FX market participants. Through its wholesale client base, Advanced Markets liquidity ultimately serves more than 40,000 institutional and individual clients in more than 30 countries globally. The company is privately held. Outside investors include Macquarie Americas Corp Inc., a wholly owned subsidiary of Macquarie Bank and GFI Group Inc.
FXCubic is a leading provider of low latency, high-performance trading connectivity solutions for institutional and retail brokers. With many years of core experience in the financial markets, FXCubic provides sophisticated ultra-low latency pricing engine and trade processors, for the MetaTrader platform, cTrader and FIX API, currently integrated to most major liquidity providers. The company also offers a real-time Business intelligence solution (RXI) that is fully customisable and adaptable to brokers’ dealing strategies.