Tickmill Aims at Institutional Market, Launches Tickmill Prime

Tickmill, a UK FCA regulated brokerage for foreign exchange and CFDs, is launching a new venture which is targeting institutional investors. With Tickmill Prime the company is aiming to attract brokers, banks, hedge funds, money managers and professional traders.

The company states that it has invested in infrastructure in Equinix data centres in London, New York and Tokyo. The offering features access via FIX API, MT4 and MT5 bridges. Tickmill Prime is also delivering an MT4 forex and CFDs white label solution for upcoming brokers.

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Commenting on the news, the CEO of Tickmill, Duncan Anderson, said: “Our mission is to provide consistent 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 and help market participants throughout the world obtain the best prices in the various asset classes we cover, regardless of changing market conditions.”

The firm states that it is sourcing liquidity from tier 1 banks, non-bank Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on A liquidity provider (LP) constitutes an individual and/or an institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profit on Read this Term including high-frequency trading shops and electronic communications networks with raw spreads pricing. The offering is extending across FX, CFDs on major indices, commodities and precious metals. According to the company's website commissions start from as low as $5 per million.

The company explained to Finance Magnates that it has direct relationships with some of the top companies in the industry, including Barclays, Saxo Bank and LMAX Exchange, among others.

“Our size and the special relationship we have with our counter-parties enable us to provide tailor-made liquidity solutions,” a company spokesperson explained.

Tickmill Prime is going to make its debut at the iFX EXPO International in Limassol, Cyprus, on the 23rd – 25th of May 2017.