MTG Liquidity Ltd, known by its tradename Match-Prime, has launched liquidity services for the forex and contracts for differences (CFDs) industry after gaining a Cyprus Investment Firm (CIF) license with number 390/20.
According to the press release shared with Finance Magnates, Match-Prime is exclusively targeting professional clients and licensed entities on a Prime of Prime model offering.
The Cypriot company detailed that it is offering customized liquidity solutions to its clients combining multi-asset liquidity. It is offering deep liquidity for over 1,000 trading instruments and equities. To compete with other established Liquidity Providers , Match-Prime is only offering its services with a starting monthly fee of $1,000.
The new liquidity provider is using the technologies of Match-Trade Technologies, which serves over 130 clients in the retail and institutional trading industry. Finance Magnates reported in September about Match-Trade’s expansion into Asia with a new office in South Korea.
It is to be noted that, despite the similarities in their names, Match-Trade and Match-Prime are separate and independent ventures.
Onboarding Experts
“We are a new company on the market, but the people who create Match-Prime are experts with many years of experience in the Forex industry,” Match-Prime CEO, Andreas Kapsos told Finance Magnates.
Indeed, Kapsos himself has around a decade of experience in the financial industry with tenures at BrightFX Capital, CAPEX.com, and Safecap Investments. The Chief Operating Officer, Stavros Economides, spent years with Q8 Trade, TeleTrade, and a few more companies.
“We perfectly understand brokers' needs, so we know how important it is to diversify their liquidity sources. We enter the market with a very attractive offer. We offer our clients deep liquidity for over 1000 trading instruments and equities with a minimum monthly fee starting from $ 1000. We hope that the right price conditions encourage customers to check our services,” Kapsos added.
“I'm very confident that our clients will appreciate our system's quality as we work closely with Match-Trade Technologies, a renowned technology provider for Brokers and institutional clients.”