22 December 2020 – embargoed until 14.30 GMT - IS Prime, part of ISAM Capital Markets, has partnered with FDCTech to extend its liquidity distribution to the innovative Condor FX Pro trading platform.
A key and often overlooked issue that we have been seeing time and time again, with LPs and brokers alike, is that of inaccurate market data. In times of extreme market volatility and high volumes, such as we have experienced recently over the US election results and the announcements in the press regarding a Covid-19 vaccine, these issues have become particularly apparent.
In the last year we have seen a dramatic fall in interest from our clients and prospects, particularly retail brokers, in “True Prime of Prime” offerings , i.e. where a broker uses a Prime of Prime (PoP) purely as a credit intermediary and has ‘direct’ relationships with Tier1 Liquidity Providers (LPs).