Direct access technology vendor Ffastfill has signed City-based arcade Advance Trading Group to its fully managed ASP trading service.
Advance Trading Group has been delivering trading facilities to locals and proprietary traders since January 1999 and provides direct access to Eurex, Cbot, Euronext London, Euronext Paris and EDX London.
David Dressel, co-owner of Advance, says the FFastFill service "will help us to grow our business by building a reputation for offering market leading trading facilities in terms of speed, reliability and price".
Ffastfill says Advance is the fourth new customer for its hosted trading service.
To coincide with the deal, Ffastfill has formally relaunched its business as an application service provider. Ffastfill executive chairman Keith Todd believes brokers can save up to 30% of trade execution and management costs through the on-demand technology model, while substantially increasing customer numbers and order flow.
He says: "I am convinced that all market technology will be deployed in this way in the future".