Advanced Markets integrates FXCubic to boost liquidity offerings

Advanced Markets Group has announced the integration of the solutions offered by FXCubic. The latter is a low-latency liquidity aggregator and price management service provider. This integration is expected to enable Advanced Markets to boost its liquidity offerings.

Advanced Markets integrates FXCubic

Advanced Markets Group has integrated FXCUBIC through FIX API. The integration will enable the platform to boost its global presence as it increases the liquidity sources available for its institutional clients.

The partnership between the two companies will also come with added benefits, such as boosting transparency in pricing, increasing execution speed, and lowering transaction costs.

The CEO of Advanced Markets, 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.”

Brocco added that the partnership between the two companies showed its commitment to offering the best trading experience for clients and strengthening the company’s position as the leading provider of the best liquidity, credit, and technology solutions in the global financial industry.

FXCubic is a major player in the liquidity sector

FXCubic is a platform that has provided round-the-clock liquidity services since its inception in 2017. The platform has worked with multiple players in the liquidity sector to improve its offerings. Earlier this year, it announced a partnership with VertexFX Trader, an online trading platform supporting multiple financial assets. The two worked together in a “mutually beneficial” deal.

FXCubic’s partnerships in recent years have enabled the company to ex[and its operations significantly in the industry. The company integrated CoinAPI, a provider of crypto market data. CoinAPI is a platform that integrates the leading cryptocurrency exchanges under one application programming interface. The platform also supports market data for over 16,000 financial assets.

FXCubic also announced the integration of Refinitiv Elektron. The latter is a platform offering its clients access to various financial market data. The integration could allow the company to expand its offerings by focusing on new areas.

The Chief Commercial Officer at the company, Wassim Khateeb, commented on this development saying that the company was pleased with the successful integration of its services at Advanced Markets, saying that it would enable the company to expand the choices available to the liquidity providers partnered with the firm. Khateeb took over his new position at FXCubic in October last year.

He reiterated that the company was committed to giving its clients access to various liquidity sources allowing them to access competitive prices. “We believe that6 this integration will help us achieve this by leveraging our combined strengths to offer even more comprehensive solutions to institutional clients globally,” he added.

The UK subsidiary for Advanced Markets recently posted a profit for the 2021 financial year after the company’s revenues increased by 13% to $1.29 million. However, the revenue figures did not comprise the company’s entire operation.