The brokerage has opened a new subsidiary tailored to professional clients
One of the most well-recognized brokerage brands in the industry, Advanced Markets, is opening a new branch in London. The brand new London office of the company will be headed by industry veteran Nina Baksh.
The offering through the new Advanced Markets UK entity will be similar to the company’s existing wholesale and institutional offerings. That said, the FCA-regulated subsidiary is an entirely new, stand-alone company from a regulatory, operational and technological standpoint.
Commenting on the launch, the founder and CEO of Advanced Markets, Anthony Brocco said: “The launch of our comprehensive London operation is an important step in the company’s global strategy.”
“It enables us to better serve our institutional broker and fund manager clients in the UK and Europe, by providing a regional matching engine, which is fully cross-connected with our bank and non-bank liquidity providers,” Brocco explained.Advanced Markets UK Details
Advanced Markets UK is holding its own bank accounts with liquidity providers and its prime brokerage. The entity is launching with new trading servers in Equinix’s LD4 and LD5 data centers with the LD5 trade server cross-connected with liquidity providers in LD4.