ICM Capital Launches Institutional Trading Offering at iFX Expo

Wednesday, 27/05/2015 | 17:53 GMT by Avi Mizrahi
  • ICM Capital has structured its new business as an ECN-based solution for brokers interested in raw spreads and low commission
ICM Capital Launches Institutional Trading Offering at iFX Expo
ICM Capital at iFX Expo 2015

ICM Capital Ltd, an FX commodity and CFD trading broker regulated by the Financial Conduct Authority (FCA), has debuted ICM Direct, a new institutional trading platform at the iFX Expo in Cyprus today. This new offering is aimed at traders and institutions of all sizes seeking access to top tier Liquidity sources.

Following a busy first quarter when the firm announced its sponsorship of the Nottingham Forest Football club, ICM Capital announced that its institutional volume increased almost six fold during the 2014/2015 financial year. The firm has expectations that this new solution will further expand the market share.

The firm says that ICM Direct features highly competitive pricing and execution for forex, commodities and CFDs, coupled with a full suite of integrated back-office, Risk Management and reporting services, as well as ultra-fast execution. Besides improving the speed and general technology of the system, the new solution is said to include highly customized tailored improvements.

In terms of execution quality and speed the new offering is meant to compete with providers such as FastMatch, CurreneX, Integral, PrimeXM. However, ICM Capital has structured its business not as a technology provider but rather as an ECN-based solution for retail and institutional brokers interested in raw spreads and low commission sources of liquidity on top of a fast and reliable solution.

Shoaib Abedi, Director and co-Founder of ICM Capital, said: “We have grown exponentially and have become a leader in our field for retail traders; the launch of ICM Direct marks another major milestone in the growth of our global firm. The award-winning technology allows financial institutions of all sizes to meet their trading requirements. Whether traders are looking for an institutional trading account with multi-channel liquidity or to broaden their product offering, ICM Capital now has a solution for all. “

ICM Direct

ICM Capital Ltd, an FX commodity and CFD trading broker regulated by the Financial Conduct Authority (FCA), has debuted ICM Direct, a new institutional trading platform at the iFX Expo in Cyprus today. This new offering is aimed at traders and institutions of all sizes seeking access to top tier Liquidity sources.

Following a busy first quarter when the firm announced its sponsorship of the Nottingham Forest Football club, ICM Capital announced that its institutional volume increased almost six fold during the 2014/2015 financial year. The firm has expectations that this new solution will further expand the market share.

The firm says that ICM Direct features highly competitive pricing and execution for forex, commodities and CFDs, coupled with a full suite of integrated back-office, Risk Management and reporting services, as well as ultra-fast execution. Besides improving the speed and general technology of the system, the new solution is said to include highly customized tailored improvements.

In terms of execution quality and speed the new offering is meant to compete with providers such as FastMatch, CurreneX, Integral, PrimeXM. However, ICM Capital has structured its business not as a technology provider but rather as an ECN-based solution for retail and institutional brokers interested in raw spreads and low commission sources of liquidity on top of a fast and reliable solution.

Shoaib Abedi, Director and co-Founder of ICM Capital, said: “We have grown exponentially and have become a leader in our field for retail traders; the launch of ICM Direct marks another major milestone in the growth of our global firm. The award-winning technology allows financial institutions of all sizes to meet their trading requirements. Whether traders are looking for an institutional trading account with multi-channel liquidity or to broaden their product offering, ICM Capital now has a solution for all. “

ICM Direct
About the Author: Avi Mizrahi
Avi Mizrahi
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About the Author: Avi Mizrahi
Azi Mizrahi, expert in fintech trends and global markets, enriches readers with deep insights.
  • 2727 Articles
  • 10 Followers

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