Exclusive: Linear Investments Enters FX Prime Broking Space

The CEO of Linear Investments, Paul Kelly, shared exclusively with Finance Magnates that the company is expanding its FX product offering. The specialist prime broker signed a deal with Integral and is deploying for its clients Integral BankFX.

Linear has also signed an agreement with Barclays Bank. The product has been in the making for some time with the company entrusting its FX business to industry veteran Christopher Laird.

Laird was instrumental in the development of the offerings of ODL Securities and Walbrook Capital Markets (also knows as FXCM Securities).

“Whilst this project has been 12 months in the making, we were determined from the outset to avoid the pitfalls of marrying in haste. We examined a variety of options and in selecting the Integral platform are confident we are providing our clients with a genuine ‘best of breed’ offering,” Laird explains.

Institutional Clients Focus

While foreign exchange is not the core service of Linear Investments, Laird also shared that the company is confident that the addition of this new capability will complement its portfolio of products.

“Our goal is to enable our clients to transact all their business under one roof allowing the easier flow of business, one point of contact and the financial benefits of scale,” Laird elaborated.

Linear Investments is providing to its client base the same level of service and functionality for FX that it already offers for equities, derivatives, and fixed income. The prime broker, which is based in London’s West End, is entering the market with an eye for professional and institutional clients.

The company is delivering to market a direct market access (DMA) offering across a broad spectrum of investment products.

The deployment of Integral’s cloud-based platform, BankFX, enabled Linear Investments to design and customize every aspect of its FX platform. The product comes with sophisticated pricing and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools fully integrated with the broker’s existing systems.

Integral's OTCXM

BankFX seamlessly integrates with Integral OCXTM, which is the technology provider’s FX OTC exchange. Over 250 banks, brokers and asset managers are directly connected into the ECN. Integral’s OCX brings pools together FX market participants into a single integrated network of Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term to deliver a significant capability to Linear’s product offering.

“We are excited to partner with such an innovative company as Linear. By leveraging BankFX and OCX to meet their clients’ FX needs, Linear Investments is positioned even more strongly to compete and grow their business,” said Vikas Srivastava, Integral’s Chief Revenue Officer.

Linear Investment clients can now manage currency risk across all asset classes and deploy FX hedging strategies to meet their own investment requirements. This shows the company’s commitment to the prime broker market and its clients.