Advanced Markets Group announced on Wednesday the enhancement of its liquidity with the addition of PrimeXM's XCore to its liquidity distribution channel. It is an extension of the partnership between the two companies, initiated in 2020.

The focus of Advance Markets toward enhancing 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 can be determined from the recent integration of the solutions of FXCUBIC on the platform.

Advanced Markets Enhances Liquidity with PrimeXM's XCore

"Advanced Markets Group has been at the forefront of liquidity innovation since its establishment in 2006. This strategic move, to further enhance our liquidity offering, is a testament to our commitment to continue providing our clients with reliable and robust solutions that meet their needs," said the CEO of Advanced Markets, Anthony Brocco.

Developed by PrimeXM, XCore is a trading and aggregation engine that offers ultra-low latency order management, risk management, and reporting solutions. It provides easy distribution of liquidity and connectivity Connectivity Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Connectivity is defined as a term used for connecting devices to each other. In most cases, this refers to computer networking and more specifically includes bridges, routers, switches, gateways, and service as well as local networks. Connectivity can refer to simple forms, such as connecting a home or office to the internet or even connecting a digital camera to a computer or printer. Connectivity in FinanceConnectivity has taken on new meaning with the growth of fintech and Big Data collectio Read this Term to trading platforms and has grown to a network of more than 250 partners.

"At PrimeXM, we are excited to expand our partnership with Advanced Markets Group and provide their clients with access to our XCore technology. This will enhance the trading experience for their institutional clients," said Clive Diethelm, the CEO of PrimeXM.

Demand for Liquidity Is Growing

Advanced Markets is known for providing prime-of-prime liquidity to more than 40,000 institutional and individual clients across 30 countries. On top of that, its offerings include credit and technology solutions, supporting direct market access (STP) trading across asset classes.

The group operates with regulatory permissions from the United Kindom, Australia, and Bermuda. The UK subsidiary turned a profit for the fiscal year 2021 after its revenue jumped 13 percent to $1.29 million. However, the other two subsidiaries did not disclose their financials.

With the latest XCore integration, Advanced Markets is expecting to strengthen its offerings to its institutional clients further.

"We look forward to leveraging this partnership with PrimeXM, one of the leading providers in the industry, to deliver even greater value and satisfaction to our clients," said Brocco.