IS Prime Launches Execution Services for Forwards and NDFs

Monday, 25/06/2018 | 14:06 GMT by David Kimberley
  • The new service was launched in response to demand from institutional clients
IS Prime Launches Execution Services for Forwards and NDFs
Reuters

IS Prime announced this Monday that it is launching an execution facility for forwards and non-deliverable forwards. The Prime of Prime and execution services provider is launching the new service in response to growing demands from its institutional client base.

Since launching in 2014, IS Prime has made huge headway in the prime of prime brokerage industry. The company is owned by ISAM Capital Markets, a financial services firms. Based in London, the company also operates IS Risk Analytics and IS Prime Hong Kong.

Over the past 4 years, IS Prime has continually offered execution services as well as an array of Liquidity 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.

Building on positive results

Today’s announcement follows in the wake of positive financial results from 2017. The firm’s co-founder, Jonathan Brewer, also told Finance Magnates last year that the firm was looking to develop its “technology and service offering.”

Another key figure within the company, Raj Sitlani, commented on the launch of forward and NDF execution services today. Sitlani, formerly of Goldman Sachs, is currently a Managing Partner at the firm, having helped found the firm with Brewer

“As a top tier multi-asset institutional brokerage we continue to look at opportunities to broaden our offering.” Said Sitlani, a Managing Partner with IS Prime, “The addition of NDFs and Forwards in our Agency Execution business shows a steadfast commitment to doing all we can to meet our institutional clients’ growing demands.”

IS Prime announced this Monday that it is launching an execution facility for forwards and non-deliverable forwards. The Prime of Prime and execution services provider is launching the new service in response to growing demands from its institutional client base.

Since launching in 2014, IS Prime has made huge headway in the prime of prime brokerage industry. The company is owned by ISAM Capital Markets, a financial services firms. Based in London, the company also operates IS Risk Analytics and IS Prime Hong Kong.

Over the past 4 years, IS Prime has continually offered execution services as well as an array of Liquidity 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.

Building on positive results

Today’s announcement follows in the wake of positive financial results from 2017. The firm’s co-founder, Jonathan Brewer, also told Finance Magnates last year that the firm was looking to develop its “technology and service offering.”

Another key figure within the company, Raj Sitlani, commented on the launch of forward and NDF execution services today. Sitlani, formerly of Goldman Sachs, is currently a Managing Partner at the firm, having helped found the firm with Brewer

“As a top tier multi-asset institutional brokerage we continue to look at opportunities to broaden our offering.” Said Sitlani, a Managing Partner with IS Prime, “The addition of NDFs and Forwards in our Agency Execution business shows a steadfast commitment to doing all we can to meet our institutional clients’ growing demands.”

About the Author: David Kimberley
David Kimberley
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About the Author: David Kimberley
  • 1226 Articles
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