ATFX Connect enhaces liquidity offering with oneZero

Rick Steves

The partnership will allow ATFX Connect clients to choose between multiple post-trade regulatory vendors that are part of the oneZero Ecosystem, enabling reporting in various jurisdictions. The ecoSystem includes banks and over 200 retail and institutional brokers.

ATFX Connect has partnered with oneZero Financial Systems to enhance its liquidity offering for Spot FX, Precious Metals, and CFD products.

oneZero’s trading technology for multi-asset class execution, distribution, and analytics will allow the broker to reach a broader client base and manage aggregation and pricing.

The oneZero hub facilitates connectivity into third-party platforms. Integrations with other platforms have fed increased trading volumes at ATFX over the past year.

ATFX Connect is the institutional arm of the broker, focusing on Hedge Funds, Family Offices, B2B, Asset Managers, HNW’s, and spread betting accounts. Clients are able to trade on an Agency, Margin, or Bridge account via a Fix API or GUI.

Wei Qiang Zang, Chief Executive Officer at ATFX, said: “The oneZero Hub provides ATFX Connect with a flexible, robust technology solution that supports our deep liquidity pools and tailor-made packages designed for our corporate clients. We will continue to work closely with oneZero to help ATFX expand its Institutional business and capture market share by offering clients a broader range of financial instruments.”

The partnership will allow ATFX Connect clients to choose between multiple post-trade regulatory vendors that are part of the oneZero Ecosystem, enabling reporting in various jurisdictions. The ecoSystem includes banks and over 200 retail and institutional brokers.

ATFX has launched its institutional arm in 2019, with its ATFX Connect platform designed to provide an efficient automated trading venue that delivers liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions.

The broker experienced such success within the institutional arena that it has decided to ditch its retail operation in the UK to sharpen its focus as it plans to develop an in-house aggregator and bridge this year.

ATFX intends to grow its market share across established jurisdictions in Europe including the UK, the Middle East, South East Asia, and Latin America.

ATFX UK has recently closed its Polish satellite office, according to a City A.M. report. The office had been opened in the in Q3 2020. The closure was part of the strategic decision to focus on services to professional and institutional clients under its FCA entity. “ATFX UK will therefore be ceasing – in the short term – all of its retail activities,” the spokesperson confirmed.

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