CMC Markets Expands Institutional Offering with Prime FX

CMC Markets, a UK-based provider of spread betting, contracts-for-difference (CFDs) and foreign exchange has launched a new prime FX proposition, part of a growing institutional offering for the group and its latest bid to help shore up an industry Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term gap, according to a CMC statement.

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The development comes at a time when a number of traditional prime brokers have been scaling back or mitigating the scope of their dealings with smaller banks and brokers. As such, this has created a shortage of liquidity, resulting in gaps. CMC Markets’ Prime FX was launched with the aim of reconciling this disparity, to better meet client demands.

Indeed, while firms continue to explore the prime of prime market, the process has hardly been fluid, nor entirely successful – an opportunity CMC Markets has seized upon in its latest proposition. More specifically, the Prime FX offering will prioritize the dissemination of tier-one liquidity, whilst ensuring access at scale across a growing range of currency pairs and bullion types.

According to Richard Elston, Head of Institutional at CMC Markets, in a statement on the service: “We have been actively providing our services to other institutional clients for over twenty years, during which time we have seen constant evolution in client demands. Our offering has changed to address this, but the recent scaling back of prime brokerage services by a number of major banks has created a huge market need.”

“Our London Stock Exchange listing, international Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and significant balance sheet means that CMC Markets is ideally placed to be a trusted counterparty when it comes to Prime FX,” he added.