LR: Your growth has been meteoric. What were the key milestones? Raj: For the first two years we focused heavily on client acquisition and, based on the strength of our offering, quickly attracted many of the largest brokers in the world including from ASIC, CYSEC and FCA regulated entities. After trading for two years, we…
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LeapRate Exclusive... LeapRate has learned that FX liquidity and prime brokerage services provider IS Prime, part of ISAM Capital Markets, has embarked on a campaign which is seeing it offer negative balance guarantees to Retail FX brokers, on a case by case basis. The FCA regulated Prime of Prime brokerage has apparently developed this offering following requests…
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LeapRate has learned that FCA regulated FX liquidity and prime brokerage services provider IS Prime is set to announce results for its Fiscal 2017 year (ended March 31), showing impressive growth and profitability figures. IS Prime will report a nearly threefold increase in Revenues, and a 900% increase in operating profit: Revenues of £16.6 million…
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LeapRate Exclusive... LeapRate has learned from industry sources that FX liquidity and prime brokerage services provider IS Prime has returned £3 million in capital to its major shareholder, International Standard Asset Management (ISAM). FCA regulated IS Prime is controlled by ISAM, an alternative asset manager which specializes in quantitative investing. ISAM set up IS Prime…
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ThinkLiquidity Managing Director Jeff Wilkins will continue as Managing Director of IS Prime Risk Services.
Read morePrime-of-Prime FX services provider IS Prime has announced the expansion of its new connectivity and aggregation infrastructure with the launch of an LD4 hosted data center. The new infrastructure, launched this week, will enable clients to cross connect to IS Prime’s matching engines in either NY4 or LD4 through multiple price execution and delivery channels. IS…
Read moreIS Prime Limited has announced that Robert Buxton has joined the company where he will focus on driving the agency execution business. Robert has 8 years of experience gained within a sales environment at Bloomberg. Latterly he was focused on e-FX Sales to a broad range of clients predominantly across EMEA. Jonathan Brewer, Managing Partner at IS…
Read moreThe new offering allows clients to offer a full-scale Prime of Prime service by white labelling the IS Prime front to back infrastructure.
Read moreRaj Sitlani takes a look at his 28 year career which spans across Goldman Sachs, Sucden and the founding of ISPrime with ISAM's Lord Fink, covering the evolution of an entire industry in great detail
Read moreIS Prime explained to LeapRate that many client losses in the industry were so pronounced yesterday was due to an absence of liquidity on the bid in EURCHF and USDCHF, meaning that clients could not close out positions. IS Prime was bid throughout the most volatile period of the day in both pairs.
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