IS Prime On-Boards Terry Gill in Newly Created Senior Sales Role

IS Prime has strengthened its sales operations by on-boarding Terry Gill, the former Director at Edgewater Markets. He joins IS Prime’s Agency Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term team as part of a newly created role in its Institutional Sales segment, per a group statement.

The addition of MGill follows on the heels of IS Prime's recent expansion of NFDs and forwards. Indeed, the Prime of Prime and execution services provider has been emphasizing its Agency Execution business as of late, catering more extensively to its institutional client base.

This trend is hardly a new phenomenon for the group. The past four years have seen IS Prime continually offering execution services as well as an array 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 solutions. Since its founding, the firm has managed to on-board mid-tier and small banks, hedge funds, and voice traders who use the firm for its liquidity services.

Veteran hire

Gill joins IS Prime with a lengthy background in sales, operations, and support. He has been a part of the FX industry for over a decade, initially beginning at Tullett Prebon as an FX Money Broker. Over the next decade, he ventured into the sales space in 2012 with Rosenthal Collins Group (RCG).

Raj Sitlani, Managing Partner, IS Prime commented on the hire, “Terry has a strong agency background, great contacts and a proven track recording in growing a global client base. He will be an asset to the firm as we continue to grow our Agency Execution team and broaden our product portfolio for institutional clients.”

In 2013 he helped launch Edgewater Markets, maintaining an integral role with the group’s rise and development. His experience will be an asset in his new role as IS Prime looks to continue to develop its institutional offering.

“I have been watching the rapid rise of IS Prime since its inception and am excited to have joined such a dynamic and fast growing firm to play a key role in developing their agency desk. IS Prime’s Agency Execution business has been built out of its thriving Prime of Prime offering, leveraging the firm’s relationships with top tier banks and its exceptional technology and quant resources. They have a compelling offering for institutional clients,” added Gill.