Advanced Markets UK Reports Stronger Revenue And Mitigated Loss For 2020‎

Oct 15, 2021

https://liquidity-provider.com/app/uploads/2021/10/untitled-design-2-7.png

Advanced Markets (UK) Limited, the UK trading arm of a multi-asset liquidity and prime-of-prime service provider, has released its annual report and year-end financial statements for the 12-month period ending December 31, 2020. The latest results on UK Companies House showed a healthy uptick in turnover in conjunction with a mitigated financial loss for the reported fiscal period.

For the fiscal year 2020,‎ Advanced Markets’ revenue surged to £1.14 million relative to just £637,000 in the year prior– this was a growth by 80 percent year-over-year, by far its largest growth segment.

However, Advanced Markets experienced a rise in administrative expenses during the latest fiscal period, reported at £1.28 million, up by a factor of 22 percent year-over-year from £1.05 million in 2019.

Operating losses were pointed lower during FY 2020, albeit still in the red. Looking at the group’s bottom-line metrics for the financial year, which factored out interest receivable and other income, Advanced Markets reported ‎a net loss of £111,367. This figure is much better than the £302,00 the company lost a year earlier.

Advanced Markets’ institutional business operates a 100 percent STP/agency model based on its FCA and AFSL licenses. Advanced Markets’ STP platform enables FX market participants to trade on prices streamed by more than ten FX banks in an anonymous market structure.

Earlier in May, the company welcomed two new investors, Forexify and Corbel, to join existing shareholders Macquarie Group and GFI Group LLC. The latter firms have reduced their stakes, citing their desire to accommodate new investors for the next phase of Advanced Markets’ growth.

The company has expanded its liquidity offering throughout the last two years by launching CFDs on single stocks and cryptocurrencies, which marked the first stage of its decisive move into the surging arena.

Advanced Markets Group has also strengthened its partnership with FinTech provider Centroid Solutions, which provides a wide array of services to the brokerages, including risk management services, connectivity, aggregation, and regulatory reporting.

Subscribe Our Newsletter

These Big Cap Stocks Are Moving the Most Today: Upstart, Twilio, Disney, and More.

Milena

These Big Cap Stocks Are Moving the Most Today: Upstart, Twilio, Disney, and More.

Upstart's big cap stocks plummet when the artificial-intelligence loan startup provides a third-quarter profits and sales estimate that falls short of expectations, while Penn Entertainment soars after inking a deal with ESPN.

Companies
AI Revolution: Coca-Cola, Buzzfeed, & More Embrace AI Technology. Not All Companies are On Board, Though.

Alexander

AI Revolution: Coca-Cola, Buzzfeed, & More Embrace AI Technology. Not All Companies are On Board, Though.

Coca-Cola, Buzzfeed, and other companies across many industries are actively testing AI technologies, while major banks are limiting access to AI for employees.

Companies
Tamta

Crypto Investing vs. Crypto Trading: What’s The Difference?
You've probably heard the captivating stories of ordinary folks who struck digital gold and turned into millionaires overnight.

discover
What Is Return On Investment (ROI), And How Can You Calculate It?

Tamta

What Is Return On Investment (ROI), And How Can You Calculate It?

Whether you're investing in equities, futures, cryptocurrencies, or other forms of investments, the first question that often comes to mind is, "How much profit can I potentially make from this venture?"

Investing

Contact Us

Contact the Liquidity Provider
for any questions and advertising inquiries b2broker

    Please fill out this contact form to get in touch with us

    / 3000

    By clicking “Get in touch” button, you agree to the privacy policy

    Successful!
    Thank you for your request.
    We will contact you shortly.
    Close

    Alexander

    Is IUL a Good Investment Strategy? — A Guide for Beginner Investors

    Is IUL a Good Investment Strategy?

    Alexander

    Are Crypto Wallets Safe? — Tips to Ensure Maximum Protection of Your Digital Assets.

    Tips to Ensure Maximum Protection of Your Digital Assets

    Alexander

    Roth IRA Guide: What It Is and What You Need to Know.

    Roth IRA Guide: What It Is and What You Need to Know

    Alexander

    From Gold to Index Funds and Crypto: Where to Invest in 2023 for Long Term?

    From Gold to Index Funds and Crypto: Where to Invest in 2023

    Alexander

    Understanding Algorithmic Trading: A Guide for Beginners

    Understanding Algorithmic Trading: A Guide

    Alexander

    Stop Vs. Stop-Limit Order: How Do They Differ?

    Stop Vs. Stop-Limit Order: How Do They Differ

    Alexander

    Invest in the Intelligent Future: The Best AI Stock Market Leaders of 2023

    Invest in the Intelligent Future: The Best AI Stock Market Leaders of 2023

    Deborah Middleton

    How MEC Rules Can Impact Your Life Insurance Policy

    How MEC Rules Can Impact Your Life Insurance Policy.

    Deborah Middleton

    Navigating the Ethical Landscape of AI: Challenges and Solutions

    Navigating the Ethical Landscape of AI: Challenges and Solutions

    Deborah Middleton

    Managing Your Financials The Right Way – A Startup Guide 

    Managing Your Financials The Right Way - A Startup Guide

    Anna

    A Beginner Guide To The Crypto Analysis Tools.

    A Beginner Guide To The Crypto Analysis Tools.

    Anna

    A Brief Introduction to Scalping

    A Brief Introduction to Scalping.

    Anna

    How to Invest in Stocks: A Beginner’s Guide

    How to Invest in Stocks: A Beginner’s Guide

    Anna

    Tips On Finding Crypto Liquidity Providers In 2023

    Tips On Finding Crypto Liquidity Providers In 2023.

    Anna

    Forex Liquidity in 6 Questions and Tips on How to Become Successful in Trading

    Forex Liquidity in 6 Questions and Tips on How to Become Successful in Trading

    Anna

    A Brief and Comprehensive Guide to Spot Trading.

    A Brief and Comprehensive Guide to Spot Trading.

    Anna

    What is The Difference Between Liquidity Provider and Liquidity Aggregator?

    What is The Difference Between Liquidity Provider and Liquidity Aggregator?

    Tamta

    What Is SWIFT Banking System?

    What Is SWIFT Banking System?

    Tamta

    How Liquidity Providers Drive The Foreign Exchange Market

    How Liquidity Providers Drive The Foreign Exchange Market

    Tamta

    How to Start Investing In Crypto

    How to Start Investing In Crypto

    Tamta

    5 Best Crypto CFD Liquidity Providers 2023

    5 Best Crypto CFD Liquidity Providers 2023.

    Tamta

    The Power Of Liquidity For Crypto Exchanges

    The Power Of Liquidity For Crypto Exchanges

    Tamta

    Institutional Forex Liquidity Explained: Why Do We Need It?

    Institutional Forex Liquidity Explained: Why Do We Need It?

    Tamta

    What Is Return On Investment (ROI), And How Can You Calculate It?

    What Is Return On Investment (ROI), And How Can You Calculate It?
    Latest News - Liquidity Provider: Business & FinTech Media
    • News
      • Stocks
      • Banks and Finance
      • Companies
      • Crypto
      • Forex
      • AI
      • Technology
      • DeFi
      • NFT
    • Articles
      • Crypto Payments
      • Trading
      • Crypto Exchange Business
      • Forex Business
      • Fintech
      • Liquidity
      • FinTech Awards
      • Blockchain
      • Investing
      • NFT
      • DeFi
    • More
      • Videos
      • Liquidity Providers List
      • Crypto Payment Providers
    [email protected]

    © 2023 Liquidity Provider. All Rights Reserved

    Privacy Policy Cookie Policy
    This site is registered on wpml.org as a development site.