Optimizing Liquidity: Takeprofit Tech and Advanced Markets Group’s Strategic Alliance

FinanceFeeds Editorial Team

In a transformative collaboration, fintech leader Takeprofit Tech and the established Advanced Markets Group combine forces, indicating enhanced liquidity solutions and a robust trading ecosystem for global market participants.

The financial arena is poised for a transformative shift as Advanced Markets Group, a distinguished institutional liquidity and prime-of-prime brokerage firm, forges a partnership with fintech trailblazer Takeprofit Tech. At the crux of this union is the aspiration to amplify liquidity access for retail forex brokers and global fund managers. The collaboration melds the innovative Takeprofit Hub—a beacon in liquidity aggregation, stream regulation, and risk management—with the sophisticated solutions provided by Advanced Markets Group.

This melding of the Takeprofit Liquidity Hub and Advanced Markets Group’s Liquidity Pool is set to establish an unparalleled trading platform, broadening horizons for traders, brokers, and financial entities. Here’s a snapshot of what to expect:

Diversified Liquidity Reservoir: Engaging with Takeprofit Liquidity Hub grants retail Forex brokers a gateway to the deep liquidity pools of Advanced Markets Group, encompassing dominant banks, ECNs, and non-bank financial entities.

Bespoke Solutions: The confluence of expertise from Takeprofit Tech and Advanced Markets Group promises customized solutions tailored to the intricate requirements of retail forex brokers, fund managers, and their clientele spanning both institutional and retail sectors.

Risk Management Prowess: Brokers and fund managers are set to capitalize on advanced risk management modules, a harmonious blend of offerings from both entities, reinforcing a fortified trading ambiance.

Diverse Financial Instrument Suite: This merger ensures a comprehensive platter of financial instruments, ranging from forex and commodities to CFDs.

Diana Peip, Sales Director at Takeprofit Tech, said, “We are thrilled to connect our Liquidity Hub with Advanced Markets Group Aggregation Engine. This alliance enhances our solutions, providing traders and brokers with smooth access to a broader liquidity pool, improving trade execution and pricing. It marks a significant milestone in our growth and emphasizes the reliability of our STP solutions.” 

Echoing this sentiment, Anya Aratovskaya, VP of Institutional Sales at Advanced Markets Group, remarked, “Through this partnership, we aim to provide an even wider range of forex brokers and fund managers with access to our top-tier liquidity solutions, empowering them to thrive in the competitive financial markets.”

About Takeprofit Tech:

Operational since 2013, Takeprofit Tech stands at the forefront of fintech software innovation. Their repertoire ranges from streamlined automation tools to intricate trading strategies. These assist forex brokers and liquidity providers in risk mitigation and trader engagement. Their STP solutions boast integration with 60 LPs and five elite exchanges, with the Takeprofit Liquidity Hub, Liquidity Bridge, B-Book Processor, and EasyMAM flagship offerings.

About Advanced Markets Group:

Established in 2006, Advanced Markets Group has carved a niche as a prime-of-prime liquidity vanguard. Serving a global clientele, including brokers, banks, hedge funds, and traders, the firm offers a plethora of trading instruments across spot FX, metals, energy, and CFDs. With a 15-year legacy, regulated by FCA & ASIC, they cater to over 40,000 clients spanning 30 countries. Notable investors include Macquarie Americas Corp Inc. and GFI Group Inc.

Read this next

Retail FX

Weekly Roundup: Darren Robinson fined $11M, Binance’s CZ walks free in August

Welcome to our weekly roundup, where we dive into all the latest buzz in the Forex, Fintech, and cryptocurrency scenes. We’ve got you covered with a rundown of the week’s top events and trends in these dynamic sectors, so you can stay in the know and ahead of the game.

Chainwire

Sui Turns One: Debut Year of Growth and Tech Breakthroughs Puts Sui at Forefront of Web3

In the build-up to its launch in 2023, the chatter around Sui reached a level of excitement that has not been matched by any chain that has launched since. The first anniversary of Sui represents a culmination of the remarkable milestones achieved by the network in its first year.

Digital Assets

Coinbase reports Q1 net income at $1.17 billion

Coinbase Global reported strong first-quarter earnings and revenue, thanks in part to a surge in cryptocurrency trading activity triggered by the introduction of the first U.S.-listed exchange-traded funds (ETFs) tracking bitcoin in January.

Digital Assets

Tether increases surveillance of USDT transactions on secondary markets

Tether, the issuer of the USDT stablecoin, has inked a partnership with blockchain surveillance company Chainalysis to monitor its token transactions on secondary markets.

Retail FX

Saxo Bank reports strong trading volumes for FX, commodities in April

Danish multi-asset brokerage, Saxo Bank has reported an increase in trading activities in April 2024. The bank’s clients traded an average daily volume (ADV) of $4.5 billion, up 9.8% from the previous month, but was down 12% year-over-year from $5.1 billion in April 2023.

blockdag

BlockDAG Launches New Payment Options as Presale Tops $22.4M Amid Polygon’s New Partnership & Option2Trade’s Emergence as Cardano Rival

Following the recent release of a moon-based keynote teaser, BlockDAG (BDAG) has announced 10 new payment methods to further facilitate its DeFi services.

Fundamental Analysis, Market News, Tech and Fundamental

Global FX Market Summary: Dollar Weakness, Fed,Euro May 3 ,2024

Weak US jobs data triggered USD sell-off as investors bet on slower Fed rate hikes. This, along with Europe’s surprising economic strength, boosted the Euro.

Fundamental Analysis, Market News, Tech and Fundamental, Technical Analysis

Ethereum Technical Analysis Report 3 May, 2024

Ethereum cryptocurrency can be expected to rise further toward the next resistance level 3340.00 (which stopped the previous minor impulse wave 1 at the end of last month).

Digital Assets

Dorsey’s Block ramps up Bitcoin holdings to $4.7 billion

Block, the payments firm led by CEO Jack Dorsey, has laucnhed a dollar cost averaging (DCA) program to expand its bitcoin holdings, leveraging 10% of its monthly bitcoin-related gross profit for additional bitcoin purchases throughout 2024.

<