Tickmill, an FCA-regulated ECN forex broker, announced the launch of its institutional service Tickmill Prime. It will provide brokers, banks, hedge funds, money managers and professional traders with access to premium FX and CFD liquidity, advanced technology and turnkey white label solutions.
It is expected that the use of Tickmill Prime will decrease operational costs, increase revenue and promote growth to the company’s partners. The infrastructure of the service is located in the Equinix data centers in New York and Tokyo.
Tickmill Prime has a global network of tier 1 bank, non-bank (HFT) and ECN liquidity streams to offer multi-asset execution, exceptional pricing and low-latency connectivity.
“Our mission is to provide consistent liquidity and help market participants throughout the world obtain the best prices in the various asset classes we cover, regardless of changing market conditions”, said the Chief Executive Officer, Duncan Anderson.
Tickmill, set up in 2014, is licensed by the Financial Services Authority (FSA) of the Seychelles and by the UK Financial Conduct Authority (FCA). It is an electronic communication network (ECN) and no-dealing desk (NDD) broker, which offers trading in diverse financial instruments, including currency pairs, CFDs, stocks, indices, commodities, and precious metals. The broker is actively present in Asia, the Middle East and Africa. It has a live client base exceeding 20,000 clients and processes more than 3 million trades a month.
Only recently Tickmill UK published its annual report for 2016, revealing stellar profits and a three-fold increase in the trading volume and expecting an even better 2017.
For a detailed review of Tickmill, please follow this link.