Advanced Markets is a Forex liquidity provider that supports FIX API trading
Advanced Markets offers algorithmic and high frequency traders the best attributes of both RFQ and ECN platforms in one unique DMA trading venue. The firm’s technology and pricing solutions ensure that traders experience all the benefits of a fully anonymous, low latency trading environment. Advanced Markets enables direct access to consistent, reliable interbank and non-bank price liquidity covering a wide range of instruments including FX, Metals, Energies and CFDs.
FOX-Full Order eXecution, a true block-trading mechanism, is an available option for strategies that rely on larger trade size for their optimization.
Direct FIX API connections are readily facilitated with their servers located at Equinix’s NY4 data center and Hong Kong’s HK3 data center.
Advanced Markets’ liquidity providers and partner banks encompass many of the world’s largest, and most highly-rated, financial institutions. These institutions, alongside several multibank ECNs, are fully integrated within the firm’s operating and credit infrastructures allowing Advanced Markets to provide live, executable, multi-provider liquidity and a virtual clearing network. Advanced Markets has created the optimal trading venue where price and execution certainty is of paramount importance and where transparency and reliability go hand in hand with complete accountability.
Advanced Markets facilitates Direct Market Access to one of the deepest available liquidity pools for Spot FX, Precious Metals and Energies. The image below shows an example of the available market depth for EUR/USD, incorporating Advanced Markets’ tight bid/ask spreads.
Full Order liquidity can also be configured by utilizing their FOX block trading functionality
For qualified counterparties, Advanced Markets, in conjunction with Macquarie Bank, offers a secure client funds solution through a custodial, or tripartite, bank account.
In this arrangement, a new custody account is opened with Macquarie Bank and maintained by the client. The account is operated under a tripartite agreement between the client, the custody bank and Advanced Markets. Under the terms of the agreement, Advanced Markets is permitted to credit or debit the account for trading gains or losses. This is done within 24 hours from the close of the trading day.
All client equity is secure and fully segregated at all times, and the client funds are not co-mingled with Advanced Markets’ funds or those of any other client.
Clients may post margin collateral directly to Advanced Markets’ wholesale client funds accounts, which are held at major money center banks. Funds are always held separately from Advanced Markets’ own capital, payroll and operating accounts.
Advanced Markets accepts client deposits/margin in USD, EUR, GBP, AUD, and JPY however, new currencies are being added from time to time so please contact us for the current list of supported currencies.
can take advantage of a wide range of configurable account functionality that is designed with a client’s unique needs in mind. These options include the ability to operate the account under a Net Open Position limit (NOP) just as a standard institutional credit account would operate.
Advanced Markets adheres to a standard prime brokerage model where each client of the firm establishes their own credit relationship with a prime broker and uses that relationship to settle trades with either of Advanced Markets’ prime brokers, UBS or Standard Chartered Bank. These trades are generally settled under a, mutually agreed upon, “4-way give-up” agreement or by Designation Notice (DN).
where prime broker credit is extended to eligible wholesale and institutional clients. With this model, clients are able to deposit collateral (margin) with Advanced Markets in order to leverage off the firm’s excellent credit relationships with its prime brokers.