Jonathan Brewer
Jonathan Brewer

IS Prime launches LD4 Matching Engine for FX and Bullion

In response to client demand, IS Prime has launched a native matching engine to provide its flagship Prime of Prime service in Equinix’s LD4 data centre.  This will enable IS Prime to deliver its best of breed liquidity and execution service in a more efficient way for clients who have their trading hardware located in Europe.

In a move that leverages the firm’s unrivalled trading and technology teams, this liquidity will be offered through a proprietary technology stack, further enabling IS Prime to deliver bespoke solutions, fully tailored to the specific requirements of its most important clients.

The technology implementation is wholly hardware and software independent from IS Prime’s NY4 infrastructure, and as such each architecture can also, if required, act as a fully redundant “hot” failover to the other.

Jonathan Brewer, Managing Partner, IS Prime commented, “Launching our Liquidity in LD4 is a meaningful development in our service.  We are very proud of our average client fill time of less than 10 milliseconds, but LD4 clients have not enjoyed the full benefit of this due to Trans-Atlantic communication latency.  This development fills a gap in our offering and enables us to continue our growth and success story.

“The independent implementation further enhances the stability of our service, which we already considered to be the most robust in the industry. Ultimately, our focus is on flexibility and choice for our clients. This deployment helps our clients, in consultation with us, to decide upon the most robust integration for their trading architecture.”

IS Prime is part of ISAM Capital Markets, which also includes IS Risk Analytics (ISRA) and IS Prime Hong Kong. IS Prime is authorised and regulated by the FCA, with a product range consisting of aggregated traditional and non-traditional liquidity in FX, bullion, Index Swaps and Bitcoin, Prime of Prime capabilities and Agency Execution.

IS Prime: Key Facts

Founded: 2014
Managing Partners: Raj Sitlani, Jonathan Brewer
Services: Tier 1 Liquidity Aggregation, Prime of Prime, Agency Execution, Non-FX Liquidity

Authorised & Regulated by: FCA
Key Differentiators: Unrivalled Liquidity, Risk Services, Bespoke Solutions
ISAM Capital Markets Group: IS Prime, IS Risk Analytics (ISRA), IS Prime Hong Kong