IS Prime Extends Liquidity Distribution via Tools for Brokers

FCA-regulated prime brokerage and execution venue IS Prime has partnered with Tools for Brokers, a software developer for FX brokers, to extend its multi-asset 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 distribution.

The combined effort will leverage Tools For Brokers’ infrastructure and IS Prime’s price aggregation and matching capabilities to expand the companies’ institutional client base while continuing to service the retail brokerage, mid-sized institutions, and active professional traders. More specifically, this collaboration enables Tools for Brokers’ clients to benefit from a reduced latency and improved pricing when they opt to take IS Prime’s liquidity.

IS Prime, part of the ISAM Capital Markets Group, is a prime of prime business owned by the London-based hedge fund International Standard Asset Management. The group offers Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term, prime of prime, agency execution, and non-fx liquidity. It has recently expanded its cooperation with a number of technology partners, including most recently with institutional trading platform Integral OCXTM.

Tools For Brokers is gaining momentum

Looking ahead, it is apparent that the brokerage is intent on entering the cryptocurrency industry, aiming to leverage its technology integration capabilities across the surging industry.

Commenting on the news, Jonathan Brewer, Managing Partner at IS Prime said: “Tools For Brokers is gaining momentum and we are seeing an increase in the number of brokers using their bridge as well as their plug-ins and apps. We previously connected to Tools for Brokers via a third party API and are delighted to have now built a direct connection to our matching engine, offering a superior trading experience for brokers.”

Albina Zhdanova, COO, Tools for Brokers added: “Tools For Brokers is very pleased to have a direct connection to IS Prime’s liquidity so that our mutual clients can benefit from faster execution and an overall better trading experience. IS Prime is one of the leading Liquidity Providers and we see high demand amongst brokers for IS Prime’s products.”