Advanced Markets UK reported $10,330 in profits for 2021, compared to a loss of $111,367 in the previous year. This is the first time the UK entity turned profit since it was established in 2018. The company stated in the Companies House filing: The results for the period were in line with the expectations of…
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Anthony Brocco, Founder and CEO of the Advanced Markets group, commented: We’re proud to be making this announcement after seeing the Advanced Markets brand evolve for over a decade and become one of the world’s leading brokers with an unrivalled reputation. We want to continue to go above and beyond by providing our clients with…
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The firm reported Net profit of $111,367 for FY2020. The official statement said: The results for the period were in line with the expectations of the directors. The combination of changes in regulations and historical lows in the volatility of the markets slowed the initial growth pattern that they were expecting. However, their long-term commitment…
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Cristian Vlasceanu, CEO of Centroid Solutions, commented: We are delighted with our on-going partnership with Advanced Markets, a true leader in the Prime of Prime liquidity solutions. We share the same vision and determination to equip our clients with the best setups available, so it came naturally to enhance our partnership, and offer even more…
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Macrobond, provider of global economic, aggregate financial and sector data for finance professionals, revealed that Stockholm-based Erik Penser Bank is using Macrobond to deliver critical data and modelling tools to interpret market events. Erik Penser Bank’s asset managers mine financial, corporate, sustainability and macroeconomic data to help from their allocation strategies and tailor solutions for…
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Anthony Brocco, Founder and CEO of the Advanced Markets group, commented: We are delighted to be welcoming Sammy Christou to Advanced Markets as our Chief Risk Officer. He has extensive experience in the Forex and CFD industry and brings us an innovative approach to quantitative eFX Trading that will further enhance the growth of our…
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Prime Brokerage Services include actual “physical”,or cash, financing (loans,for example) and “synthetic” financing (leveraged trading in FX terms). Qualified financial institutions (Hedge Funds, Prime of Primes, Family offices) borrow money from Prime Brokerages to place leveraged orders. The amount of leverage given is determined, exclusively, based on the client profile (background, trading style, capital etc).…
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Apifiny announced the appointment of ex-Goldman Sachs Vice President, Jason Jiang, as its latest Chief Technology Officer. The latest appointment at the crypto mining firm is the latest in a trend of veteran executives in the financial industry joining rapid-growth digital asset companies seeking a fast solution to the growing demand from retail and institutions…
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Anthony Brocco, Founder and CEO of the Advanced Markets group commented: Samer Mourched is a longstanding industry veteran. With more than 15 years of experience in the financial services industry he is the perfect fit for this role and is an invaluable asset to the firm in executing our next level of global expansion plans.…
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Pro crypto analysts describe Coinbase’s listing as a turning point, while others say that that it is only because crypto has now become more widespread. Some even caution that implied valuation for the company as a crypto exchange has become too high compared to traditional stock exchanges such as Nasdaq Inc. Lisa Ellis, an analyst…
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