Advanced Markets Ltd Commits to FX Global Code of Conduct
Advanced Markets Ltd is an Australian Financial Services Licensee providing Institutional Liquidity as well as Prime of Prime services.
The company has officially signed a statement of commitment to the FX Global Code of Conduct (the Global Code). Advanced Markets is formally endorsing the Code’s standards to promote integrity, fairness and also transparency in the FX market. Because of that Advanced Markets Ltd has registered with The Australian Financial Markets Association (AFMA) in their public register supported by ACI Australia.
The Global Code, as stated in the document, “has been developed to provide a common set of guidelines to promote the integrity and effective functioning of the wholesale foreign exchange market (FX Market). It is intended to promote a robust, fair, liquid, open, and appropriately transparent market in which a diverse set of Market Participants, supported by resilient infrastructure, are able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behavior.” (3)
“Formally committing to the FX Global Code of Conduct was a logical step for Advanced Markets given that, since inception, the firm has continually operated under the guidelines laid out within the Code. We don’t need to change any aspect of the way in which we operate, it’s simply business as usual for us.”
stated Anthony Brocco, Advanced Markets’ founder and CEO.
“Full transparency and aligning interests with our clients have always been at the foundation of our business model.”
You can find the code online at: https://www.globalfxc.org/docs/fx_global.pdf
Furthermore, you can find more information at the Australian Financial Markets Association (AFMA): https://fxglobalcoderegister.afma.com.au/
FX Global Code of Conduct Overview
Due to the length of the code, we have created an exclusive overview. Please notice that the overview is not a replacement for the original code. But it should help you to get a good overall view. If you would like to receive an overview of the FX Global Code of Conduct via email, please click here: https://info.advancedmarketsfx.com/fx-global-code-of-conduct
About Advanced Markets Ltd
Advanced Markets Ltd is a wholesale provider of liquidity, technology as well as credit solutions to institutional clients globally. This includes clients such as brokers, fund managers, hedge funds and CTAs (commodity trading advisors). The firm’s products support direct market access (DMA) trading in spot FX, energies, precious metals as well as CFDs (contracts for difference). All in global indices and also in commodities. Through our extensive client base, we estimate that Advanced Markets liquidity ultimately serves more than 40,000 institutional and individual clients in more than 30 countries globally. Very Noteworthy: The company is privately held. Outside investors include Macquarie Americas Corp Inc., a wholly owned subsidiary of Macquarie Bank and BGC Partners.
1) Australian Financial Markets Association (AFMA)
2) Global Foreign Exchange Committee (GFXC), Global Index of Public Registers
3) FX Global Code of Conduct