London, United Kingdom:
IKON Group has won the Most Prestigious Award of the Best ECN Broker Asia 2012 by the Global Banking & Finance Review. The award was given based on the rating of the massive online readership reviews coming from 180 countries that is comprised of CEOs, CFOs, senior decision makers from fortune 500 companies, financial institutions and Central Banks within finance industry.
This significant Award was granted because, in 2011, the IKON Group made a ground breaking improvement in its trading platform in that it launched a new state of the art technology of the IKON Non-Trading Desk Execution, being a completely and automatically trading desk with no human intervention through its own ECN. This enables all the trades of the Clients of the IKON Group to be hedged to the ECN and in turn, to IKON's liquidity providers such as Deutsche Bank, United Bank of Switzerland, JP Morgan, Citibank, Barclays, Dresdner Bank, Credit Suisse Deutsche Bank, Morgan Stanley, Bank of America and Goldman Sachs.
As a result of IKON's Automatic Trading Desk, the Execution of the Client's trades eliminated any conflict of interest between IKON and its Clients by streaming all trades directly to the ECN of our multiple liquidity providers. Every trade is placed with IKON liquidity providers who compete to provide IKON with the tightest of Forex spreads for the benefit of its Clients worldwide.
IKON Group comprises numerous companies around the globe including a number of financially regulated companies including IKON Global Markets in USA (NFA and CFTC), Multibank in Australia (ASIC), IKON Finance in UK (FSA), IKON NZ in New Zealand (FMA), IKON Financial Service Cooperation in China (Tianjin Financial Authority), and IKON Asia Limited in UAE (RAK). Moreover, IKON Group maintains over 80,000 Clients worldwide in over 90 countries, 60% of IKON business volume relates to Institutional Clients.
Being heavily financially regulated around the world, as aforementioned, the IKON Group Companies are obliged to meet the most strict capital adequacy requirements, customer care, Clients' funds segregation, robust platform and trading controls, and undertake independent financial audits together with the duty to protect the interest of its Clients as dictated and required by IKON's Financial Regulators.
About IKON Group
IKON Group is now a global leader in online financial trading, operating in over 90 countries and catering to a network of over 80,000 banks, financial institutions, and clients worldwide in 5 continents. IKON offers various trading products including Forex, CFDs, Metals (Bullion), NDF, Futures, Options and Nasdaq Gold. IKON is the absolute Nasdaq partnership in offering spot Gold trading product to both retail and intuitional clients.