Exante Services for Banks and Financial Companies
While there are plenty of brokers that can service individual investors and traders, the same is not true for servicing banks and financial institutions. In fact, it can be quite daunting for financial institutions to look for a safe and reputable broker. Fortunately, banks and large financial companies that are looking to leverage third-party brokerage platforms and services, look no further than Exante. Through this investment firm, you can benefit from regulatory compliance, fast setup and onboarding, market-tested technology, easy deployment, and granular deployment. Read this Exante broker opinion to learn more about this topic.
Exante’s Background
Exante is a global investment company that provides its clients with direct access to the financial markets through its multi-currency trading account. As of the time of writing, it has $60 million in equity and $1.6 billion in assets under management (AUM). Established in 2011, Exante has over a decade of experience working with professionals, be they brokers, individual traders and investors, financial instructions, or high-net-worth individuals.
Regulations, Audits, and Licenses
For clients worried about Exante’s reputation, you will be happy to know that the investment firm is regulated and licensed in all the regions it is based in. This means that clients can choose a jurisdiction that best fits their requirements. For instance, in Malta, Exante is licensed by the Malta Financial Services Authority (MFSA) and authorised by the Financial Conduct Authority. This means it can provide financial services to retail and corporate clients, including for both trading and investing purposes. In the UK, Exante is instead authorised and regulated by the Financial Conduct Authority, whereas in Hong Kong, Exante is licensed by the Securities and Futures Commission under the Securities and Futures Ordinance. In Cyprus, the firm is licensed by the Cyprus Securities and Exchange Commission. Additionally, as an EU-based investment firm, Exante is also subjected to MiFID II requirements.
The MiFID II is a legislative framework implemented in the EU to regulate financial markets and improve protection for investors. This means it covers virtually every asset and profession in the EU financial services industry. MiFID II also regulates off-exchange and over-the-counter (OTC) trading, as well as targeting high-frequency trading. This means algorithms used for automated trading must be registered, tested, and have circuit breaks included, making it safer for traders to use. All in all, the aim of the MiFID II is to standardise financial practices across the bloc and restore confidence in the sector. In accordance with this, Exante segregates its assets from its client’s assets. This means customer funds are securely stored on separate accounts with large global banks, meaning traders can have peace of mind knowing their funds are extremely secure.
Bank and Financial Companies’ Account
Exante stands out from its competitors by having a single account. Clear fees and reports which are instantly accessible to clients. Their granular reports can be used for internal and external use and are incredibly fast and precise. To find out more about these multi-currency reports, clients should contact their account manager for custom reports.
The brokerage firm also offers transparent and competitive rates when it comes to trading its financial instruments. The only thing they charge is trading commissions and data feed costs, wherever applicable.
Exante also provides clients with direct market access to over 50 global exchanges, and over 600,000 instruments. These include stocks, ETFs, bonds, precious metals, and funds. There are even instruments from derivative traders, such as futures and options, and even fiat and cryptocurrencies. These can all be accessed directly from a single multi-currency account.
Bond Screener
When it comes to trading bonds, Exante has its clients covered. For starters, clients can access high-yield and private placement bonds, margin trading, and hedging. Exante offers an ample selection of bonds ranging from liquid corporate, government bonds, exchange-traded and OTC, in both developed and emerging markets. For instance, traders can take advantage of US Corporate/Government bonds, European Corporate/Government bonds, Euronext Bonds and more. Exante will even go the extra mile to add more offerings from exotic markets upon a trader’s request.
The bond screener is a powerful tool that allows users to find bonds and filter them by several criteria all at once. Users can find a specific bond by typing its name, description, or ISIN in the search bar, and can screen up to 300 bonds in the same window. Some of the criteria users can sort through (and there are over 39 different criteria to display) include the ask size, quote time, session open, daily volume, maturity date, and more.
Additionally, Exante will also conduct an individual risk assessment on clients. Depending on the results, Exante may provide financing equivalent to open date repo with variable interests for borrowed cash. Clients can find interest rates for negative cash in your account cabinet.
Customer Care
One thing that Exante prides itself on is its onboarding process and customer care. According to Exante, this is because their clients operate at the highest degree of excellence, which means they expect the same service from the firm. As such, Exante provides a private, personalised, tailored, and premium experience to all customers. This means there is a dedicated account manager for each client, meaning clients can visit them in person in their offices either in Europe or Asia. The account manager is there to guide clients during their trading journey and will think outside the box to address your financial needs.
Additionally, Exante provides fast multilingual support. Exante’s support team is available around the clock for any type of queries needed and can be contacted either on the phone, by email or by chat. If English is not your first language, do not fret. Exante’s support team can also support you in languages such as German, Italian, Portuguese, Russian, Spanish, and more. According to Exante’s website, they also boast that the first response comes within 3 minutes for 70% of clients’requests, with a one-touch resolution in the first response for 87% of those cases.
Exante further accepts over 150 global license and client money accounts and can accommodate their client’s contractual preferences while adhering to any regulations needed.