Advanced Markets announced this Tuesday that it has partnered with Tradesocio in an agreement that will see it become one of the major liquidity providers available to the company’s institutional clients.
In particular, Advanced Markets will be providing its liquidity through the Tradesocio Marketplace, which is an ecosystem that provides technology, liquidity, aggregation and fund administration services, among others.
The products of Advanced Markets, a multi-asset liquidity and PoP service provider, support direct market access trading in spot foreign exchange (FX), precious metals and contracts for differences (CFDs) across financial and commodity products.
Commenting on the partnership, Natallia Hunik, Chief Revenue Officer at Advanced Markets Group said in the statement: “Advanced Markets Group is delighted to announce this partnership with Tradesocio, with an aligned mission to further strengthen our trading ecosystem by adding solutions for fund managers and passive investors.
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“It is also a great opportunity to make our 100% transparent, deep liquidity solutions available to a greater number of financial institutions and professional traders globally”.
Advanced Markets joins growing liquidity marketplace
Tradesocio, an advanced investment management solutions provider, has been actively expanding its marketplace. As Finance Magnates reported, the company teamed up with Gold-i, a trading systems integration specialist for the financial services industry, in a liquidity distribution partnership.
“It is a real pleasure to see our ecosystem grow organically. Advanced Markets is a valuable addition to Tradesocio’s Marketplace, expanding the spectrum of choice that our liquidity ecosystem offers,” added Tradesocio CEO Wael Salem in the statement. “Adopting our technology, financial services providers that target or are based in the MENA region, now have a reliable source of deep liquidity in the area.”
Following the agreement, financial services providers adopting Tradesocio’s technology can access Advanced Markets’ liquidity connection services by using a FIX API to connect their infrastructure to the liquidity provider, the statement said.