Advanced Markets Review

Company Brief:

Advanced Markets is incorporated in the Cayman Islands-registered foreign company highly-capitalized and jointly owned by Macquarie Americas Corp Inc. (a wholly-owned subsidiary of Macquarie Bank), BGC Partners and firm management. The company was established with the goal to facilitate a transparent and secure trading environment, brings true Direct Market Access (DMA) liquidity, credit and technology solutions to the foreign exchange, energy, precious metals and CFD markets. The firm offers its wholesale services to institutional clients globally, providing trade execution and prime brokerage solutions directly to banks, hedge funds, commodity trading advisors, corporations and other institutional market participants.

The company offers a solution to retail and corporate clients, as well acts as a technology, liquidity provider. Retail FX Brokers can benefit from the robust technologies through MT4, MT4 Bridge, Fortex and FIX API with unparalleled reliability, Prime of Prime credit solutions and full direct access to a bank, non-bank and ECN multi-asset class liquidity on tight, competitive spreads. Advanced Market delivers guarantee on all client positions that are instantly passed straight through the liquidity providers while the broker does not take any Market risk.

Licenses, Regulations & Security of funds:

The Advanced Markets Group has formed Advanced Markets LTD (“AMLTD”), as a Cayman Islands corporation in order to be able to provide the services under governance that enables offer a broader range of products to the clients. 

Registration of Advanced Markets Limited performed via a hold of an Australian financial services license (AFSL) No. 444649 and is a registered foreign entity by the Australian Securities & Investments Commission (ASIC). While ASIC is a robust regulator, ASIC’s regulation to the Advanced Markets applies in respect to the Australian financial services activities only. As a regulated company, the license ensures financial markets are complying with their legal responsibilities to operate a fair and transparent markets. AMLTD is registered to provide products and services to Wholesale Clients, as defined in the Corporations Act 2001. The firm’s administrative duties are fulfilled via a service level agreement with our customer service team located in Charlotte, North Carolina in the United States.

Client funds are held in accordance with the requirements in segregated client trust accounts separate from the firm capital. All clients and firm funds are kept at internationally rated banks, including Bank of America, Citi, Macquarie Bank and Deutsche Bank.

Trading Platforms & Tools:

Advanced Markets as a technology-driven company recognizes the importance of having a robust and non-latent technology infrastructure, one that caters to the needs of all institutional FX market participants, from banks and fund managers to retail brokers and aggregators. The platform offerings and the underlying supporting technology have been developed, to facilitate Direct Market Access (DMA) via GUI, Bridge and/or FIX API. The range of the trading platform includes the proprietary developed options, as well as the market leader – MetaTrader4. Along with the powerful trading software the client gets an access to configure liquidity and choose from a menu of pricing that includes banks, non-banks and ECNs with defined layers, Top of Book, VWAP and more.

Advanced Markets partnered with First Derivatives to create the fully customizable DMAhub trading venue, that can be seamlessly accessed by both FIX API and GUI. DMAhub allows traders the ability to configure their own trading environment with a degree of granularity that is totally unique in today’s markets.

Another option, the robust Fortex 5 platform offers clients the ability to instantaneously access DMA liquidity via multiple routes all with a fully-functional, real-time, reporting suite.

Clients may utilize the easy-to-navigate GUI, complete with real-time margining and position monitoring, or take advantage of the low-latency FIX API for pricing and trade execution. Alternatively, should the business use the Metatrader4 software, the direct connectivity using Fortex’s MT4 bridge technology offers so. All of these options come with credentials to access Advanced Markets’ back-end reporting, providing full transparency on all transactions, P&L and end-of-day roll pricing amongst other things.

Account Types and Trading Costs:

Due to the company registration and license the Advanced Market can only accept a Wholesale client as defined by Section 761G(7) and 761G(A) of the Australian Corporations Act. This is applicable to all types of the clients, while the account offering defined only by the type of the clients and features either individual or corporate account type. 

The tailored solutions suited the clients need and requirements while the trading cost will be set on a spread basis along with the standard commission is set at $20.00 per USD Million.  However, this standard may be negotiable based on the volumes traded and the solution provided.

By delivering anonymous, low-latency access to multi-bank, multi-asset liquidity, Advanced Markets presents a compelling alternative to the single and multi-bank RFQ and ECN models currently available to institutional traders. The Advanced Markets model takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency transparency and anonymity of ECNs servicing traders seeking consistent, interbank liquidity powered by robust, real-time market data. Recent refinements, such as the FOX – Full Order execution block order trading mechanism, are gaining the attention of hedge funds, asset managers, commodity trading advisors (CTAs) and corporate treasuries.

Payment Methods:

The Advanced Market for the payment methods offering only the option to send and receive withdrawals through Bank Wire Transfer. Wiring money is typically the fastest way of funding the Advanced Markets trading account, thus the broker defined this option as the major one. To ensure the integrity of the information sent via the Internet, electronic funding utilizes a multilevel server system with the latest encryption software that performs secure transactions.

Conclusion:

The Advanced Markets review is a model of a broker that takes the competitive, multi-bank elements of RFQ platforms and combines them with the low latency, transparency and anonymity of ECNs servicing traders seeking consistent and interbank liquidity. Overall, the advanced options for the traders or the institutions’ range with powerful effectiveness and an impressive choice of the cutting-edge platforms are definitely a company advance.