IS Prime Creates Variable Spread Indices & Oil

Posted by Robert Buxton on Jul 13, 2021 4:26:10 PM

13 July 2021 – IS Prime has created a new spread index swap offering, allowing clients of the ISAM Capital Markets Group to trade indices and oil with variable spreads. 

Exclusive: IS Prime’s Raj Sitlani on MT5 white labels, managing COVID, and more

Posted by Robert Buxton on Jul 9, 2021 4:46:30 PM

FNG Exclusive Interview… As the trading volumes (and number of new clients, products being offered…) at Retail FX and CFD brokers has grown by leaps and bounds during the COVID era, so too has the business activity of many of the leading service and product providers to the brokers.

IS Risk Analytics' View From the Desk - June 2021

Posted by Fred Gewirtz on Jul 8, 2021 1:13:37 PM

June was a rocky month for most brokers as an overall lack of volatility in markets depressed both volumes and profits. Most of the month’s revenues were concentrated around the US FOMC meeting mid-month. Gold was the main driver of profitability as brokers were positioned correctly while the price fell from over $1,900 to finish the month at $1,770

IS Risk Analytics' View From the Desk - May 2021

Posted by Fred Gewirtz on Jun 8, 2021 12:57:29 PM

May was a below average, but respectable, month in terms of profitability as a handful of strong days drove overall figures for the month. The rallies in gold and EURUSD were the primary sources of revenue for most brokers. Volumes also ended up subpar as a result of low volatility range bound markets in the latter part of the month.

IS Risk Analytics' View From the Desk - April 2021

Posted by Fred Gewirtz on May 7, 2021 2:09:29 PM

April was a disappointing profitability month for the vast majority of brokers. The month began with markets retracing the USD moves from late March that had driven most of that month’s profitability. Market conditions became more favorable as the month moved along, but it was still a below average months in terms of PL per million. Overall, volumes were down from recent months, in part due to depressed volatility in the days surrounding the Easter holiday.

IS Prime Adds MT5 White Label Solutions

Posted by Robert Buxton on Apr 15, 2021 12:39:00 PM

14 April 2021 - IS Prime, part of ISAM Capital Markets, has added MT5 to its White Label solutions to give further choice to retail FX brokers.

IS Risk Analytics' View From the Desk - February 2021

Posted by Fred Gewirtz on Mar 11, 2021 6:02:07 PM

February volumes were in line January’s totals and with 2020 monthly averages. Profits, on the other hand, were much improved over January’s subpar figures. Gold was the primary driver of profitability as the majority of retail clients were long into sharp downward movements early and late in the month. GBP pairs were also profitable for brokers as they broke from January ranges. Unlike other instruments, indices were primarily range bound and therefore not a consistent source of profits for most brokers.

Exclusive: IS Prime’s Will Robbins on the Asia FX market

Posted by Robert Buxton on Mar 11, 2021 10:21:00 AM

FNG Excusive Interview
London based Prime-of-Prime institutional FX services provider IS Prime set up shop in Hong Kong four years ago, and has seen significant growth as the Asia region has continued its emergence on the global FX scene. FX News Group spoke to Will Robbins, IS Prime’s Head of Asia in Hong Kong, to find out more about the trends in the region and the reasons behind the firm’s success.

IS Risk Analytics' View From the Desk - January 2021

Posted by Fred Gewirtz on Feb 4, 2021 1:41:11 PM

January volumes were in line with 2020 monthly averages, but profits slipped rather markedly. Losses were driven by a rebound in USD and EUR retracement. Gold volumes were up primarily from its move lower early in January, and gold showed consistent profitability for brokers overall during the month. The latter part of the month was relatively flat but closed with an uptick in volume due to US equity volatility impacting the broad market.

IS Risk Analytics' View From the Desk - December 2020

Posted by Fred Gewirtz on Jan 14, 2021 5:29:08 PM

Activity in the first two weeks of December was enough to make the month a relatively strong one for brokers despite volatility waning as the month progressed. Early month profitability was driven by retail clients shorting EURUSD into what ended up being a broad-based USD selloff. As the holidays approached, markets became range bound and profitability and volumes suffered, but full month figures ended up in line with 2020 averages.