Stater Global Markets (SGM), an institutional prime of prime brokerage firm, announced this Wednesday that it has added Gold-i Matrix Net as a Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term distribution channel for its clients. The addition will provide a welcome boost to SGM’s service offering as it attempts to improve the tier-1 bank and non-bank liquidity it provides to clients.

Matrix Net is a part of Gold-i’s multi-asset liquidity management platform, Matrix. The latter service offers routing and aggregation solutions to users, with connections to more than 70 Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term. Clients using Matrix can also access a number of different asset classes, including cryptocurrency, contracts-for-differences, and FX.

Gold-i, a technology provider to the trading industry, launched Matrix Net just three months ago. The service enables prime of prime brokers to distribute liquidity to brokers who use Gold-i’s Matrix, MT4 Bridge, and MT5 Gateway products.

A new product for an existing partnership

Prior to this new agreement, Gold-i and SGM already had an existing partnership. As reported by Finance Magnates, last year SGM announced that it would be using Gold-i’s MT4 Bridge, a solution that offers brokers, who use an MT4 white label offering, access to different liquidity providers and revenue streams.

SGM is fairly new to the prime of prime brokerage industry. Founded in 2016, the firm is headed up by CEO Ramy Soliman, a former Citi and IG Markets salesman.

Soliman commented on the new deal with Gold-i, noting that it would enable his firm to reach new clients. “We are continually assessing opportunities with market leading companies in order to be an early adopter of premier technology which can improve our ecosystem.” Said Soliman, “The addition of Gold-i Matrix Net for liquidity distribution is a perfect example of this."