LONDON, April 16, 2021 /PRNewswire/ — ATFX Connect, the institutional arm of ATFX, focusing on Hedge Funds, Family Offices, B2B, Asset Managers, HNW’s, and spread betting accounts, has reported positive trend growth for its trading volumes for the year of 2020 and Q1 2021.
ATFX Connect announces year on year total volumes between Q1 2020 and Q1 2021, have grown over 500% compared to earlier last year when the coronavirus pandemic created unprecedented volatility across varying asset classes.
ATFX Connect’s multi-access platform caters for clients who wish to trade on an Agency, Margin or Bridge account via a Fix API or GUI. The service includes Direct Market Access to Tier 1 Bank and Non-Bank liquidity providers and competitive CFD pricing for those connecting to bridge solution, such as ONE ZERO and PrimeXM.
The ATFX Connect bridge solution supports our Institutional clients, providing them with access to Spot FX, Precious Metals and CFDs. The flexible infrastructure enables ATFX to manage aggregation, pricing and allows integration with any third-party platform.
ATFX Connect has seen an average increase of 35% month-on-month and total quarterly business growth between Q1 2020 and Q1 2021 showed an increase over 70%.
Commenting on the trading volume figures, Matt Porter, Head of Operations at ATFX Connect, said: “ATFX Connect delivered impressive growth figures during a year characterised by major disruptions to the global financial markets. Our people and systems showed immense resilience amid significant changes to our business operations in response to the COVID-19 pandemic and the following restrictions. Our management team’s strategic changes implemented by our staff played a crucial role in our results. As we progress through 2021, we will use the lessons learnt in 2020, and build on the momentum generated in 2020 to meet the evolving needs of our clients, and adapt to the rapidly-changing financial markets.”
Back in 2019, ATFX stepped into the Institutional arena with the launch of its Multi-Access platform ATFX Connect. The management’s vision was to expand the broker’s global presence and continue to provide award-winning liquidity and customer service to clients within the Institutional community. With the focus on the professional Investor, the ATFX Connect platform is designed to provide an efficient automated trading venue that delivers tailored liquidity solutions to Hedge Funds, Asset Managers, Brokers, Private Banks, and other financial institutions.
ATFX is an award-winning FX/CFD broker with a global presence offering customer support in over 15 languages. With over 200 tradable financial assets, including forex, cryptocurrency, precious metals, energy, indices, and shares traded as CFDs, ATFX is regulated by the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) in Cyprus, the Financial Services Commission (FSC) in Mauritius, and the Financial Services Authority (FSA) in Saint Vincent and the Grenadines.