Institutional prime of prime broker IS Prime has announced the launch of a range of Index Swap products, focusing on the most popular index and energy instruments required by retail brokers.
IS Prime’s new, institutional-only API Index Swap offering includes:
- Germany 30
- Hong Kong 50
- Wall Street 30
- UK 100
- US Tech 100
- UK and US crude oil, and
- Bitcoin USD.
The price feed has been built to allow fully flexible and customised pricing for clients.
Jonathan Brewer, IS Prime
Jonathan Brewer, Managing Partner at IS Prime comments,
Our index swaps enhance our spot FX and bullion liquidity offering and have been launched in response to client demand. What is really exciting is that the in-house built pricing engine will allow us to effectively offer a swap product on almost any liquid underlier.
This latest development from IS Prime is in line with its growth strategy of broadening its offering. The company recently announced the launch of IS Risk Analytics, following the acquisition of Think Liquidity’s assets, to provide risk management services to clients. IS Prime is also expanding globally and has opened IS Prime Hong Kong to focus on growth in Asia.
IS Prime delivers a premium suite of products to an institutional client base. Products include aggregated traditional and non-traditional liquidity, prime of prime capabilities, risk management access and bespoke integration.