Nov 11, 2013
London, November 5th 2013 - Atom8, a new London-based electronic communications network (ECN) FX broker, authorised and regulated by the Financial Conduct Authority, has launched a new FX trading platform and algorithmic toolkit allowing institutional and private traders to interact in the same market. Atom8 launches its platform this Friday at the London World Money Show, 08-10 November 2013, Queen Elizabeth II Conference Centre, Stand 906 and opens the presentations with a speech on Automated Trading by former J.P. Morgan lawyer and Atom8 founder, David Andrews, Friday 08th November at 1pm.
For the first time, an FX broker offers ‘raw spread’ spread betting, FX/CFD accounts, free automated algorithmic coding services for private clients, as well as customisable multi-currency PAMM facilities, FIX API and an anonymous multi-API-configured ECN access for institutions, all in a low-latency environment.
The new platform provides considerable enhancements to traditional liquidity arrangements for both institutional investors and private traders.
Clients trade directly – without any dealing desk – using a PC, the web, or any mobile device. Participants can place orders directly into the ECN pool, essentially acting as a market-maker themselves, thus avoiding paying the spread.
Atom8 currently offers up to 50 currency pairs, as well as gold and silver, with spread-only or commission-only accounts. A host of new products will become available over the coming months.
“Atom8 aims to be the broker that popularises and democratises automated trading in the UK and abroad. Its technological superiority and desire to see its clients succeed in the challenging FX market should make Atom8 a natural choice for serious traders,” said David Andrews, partner and co-founder of Atom8.
“Our ability to create a bespoke client offering based on market-leading execution, liquidity, pricing and FX-focused trading platforms will make our platform the only one clients will want or need. The practical difference for traders is palpable,” said Andrews. “ECN ‘raw spread’ spread betting for UK clients and free automated algorithmic coding services are some of the revolutionary services Atom8 already delivers to its UK and international client base.”
Re-disseminated by The Asian Banker