It is imperative that banks and financial institutions work with a trustworthy and reputable broker, so funds can be kept in a safe place. This means doing the necessary research to find the best broker suited to their needs. EXANTE is one such broker that offers tailored services to banks and financial companies. With their expertise, EXANTE has developed specialised solutions tailored to the unique needs of these institutions. For another in-depth review of this broker, you can read it here at https://www.financebrokerage.com/exante-review/.
Established in 2011, EXANTE is a multi-licensed investment company that offers direct market access to a wide range of financial instruments through its single multi-asset and multi-currency solution. The brokerage firm has over a decade of experience delivering bespoke services to clients as well as a wide range of partners, including ING, HSBC, Santander, and Bank of China. EXANTE prides itself on being innovative, inspiring others to do better and moving the needle in financial services. Currently, it has $2 billion in total assets under management (AUM) and has a network of over 1,100 servers all over the world to ensure the lowest latencies and safe data transfer.
Trading account and clear reports
EXANTE provides clients with direct market access to over 600,000 instruments in more than 50 global venues. Some of these instruments include stocks, Exchange-Traded Funds (ETFs), bonds, futures, options, and commodities. With EXANTE’s direct market access solution, banks and financial institutions can place orders directly on the exchange and always have them executed at the best possible price. The brokerage firm’s proprietary trading platform also lets clients see the big picture of the market through its comprehensive charts, ensuring they make data-driven and informed trading decisions.
Banks also gain access to granular reports through EXANTE. The broker provides fast and precise multi-currency reporting for both internal and external use. To gain access to custom reports, banks can contact their dedicated account manager.
As of the time of writing, EXANTE prides itself on offering transparent and competitive rates. The only thing the brokerage firm charges is its trading commissions and data feed costs where applicable, making it extremely accessible.
Compliance and audits
Traders will be pleased to know that EXANTE is highly regulated in all regions that it operates in. In Hong Kong, the investment firm is licensed by the Securities and Futures Commission (SFC). In the UK, it is regulated and authorised by the Financial Conduct Authority (FCA), and in Cyprus, it is licensed by the Cyprus Securities and Exchange Commission (CySEC). In Malta, EXANTE is instead licensed by the Malta Financial Services Authority (MFSA), which allows the brokerage firm to offer financial services to retail and corporate clients. This is for both trading and investment purposes.
As an investment firm operating in the EU, EXANTE is also subjected to MiFID II requirements. This is a regulatory framework that standardises financial services in the EU and protects investors, in addition to regulating over-the-counter (OTC) trades. To adhere to MiFID II regulations, EXANTE segregates its assets from the assets of its clients. This means customer funds are securely stored on separate accounts with large global banks, so clients can have peace of mind knowing their funds are safe. EXANTE also regularly undergo audits by a Big Four company.
Onboarding and customer care
Aside from its intuitive and customisable proprietary trading platform, EXANTE is proud to offer robust customer care to clients. Clients can reach EXANTE’s customer support team through email, chat, telephone, or callback requests 24/7 for any issue. Aside from working around the clock, EXANTE guarantees an answer from their support team within three minutes upon receipt of a request.
Aside from communicating in English, EXANTE provides multi-lingual customer care to clients who speak other languages. This includes German, Spanish, Portuguese, Italian, and more. The brokerage firm also accepts over 150 global licenses and client money accounts, allowing them to accommodate their client’s contractual preferences while adhering to financial regulations at the same time.
For an even more personalised trading experience, clients are given a dedicated account manager that is their entry point for trading issues. The account manager can help with OTC deals, customisation requests and other personal needs.
EXANTE provides access to high-yield private placement bonds, for margin trading and hedging purposes. These bonds include corporate and government bonds, as well as bonds from emerging markets (such as EMEA, APAC, and CIS).Clients can gain access to high-yield private placement bonds unavailable in the general market through EXANTE’s trading platform. EXANTE will add more offerings from the Exotic markets upon request.
The brokerage firm will perform an individual risk assessment so they may provide financing equivalent to open data repo with variable interests for borrowed cash. Clients can find interest rates for negative cash in their account cabinet.
For more assistance, clients can use EXANTE’s in-built Bond Screener to help them find the best bonds from their extensive list. The Bond Screener can screen up to 300 bonds from the same window, and clients can filter them through different parameters, such as quote time, session open, daily volume, maturity date, and more.
Overall, EXANTE offers a range of comprehensive solutions and services to banks and financial companies. This empowers them to thrive in the competitive financial landscape. With their expertise and commitment to delivering innovative solutions, EXANTE positions itself as a trusted partner for banks and financial institutions, enabling them to stay competitive and achieve their financial objectives.