The forex and CFDs arm of trade.io, TIO Markets announced that the company is partnering with IS Risk Analytics. The news comes only a couple of months after the crypto exchange announced the acquisition of the retail broking arm with an FCA license.
TIO Markets also has a subsidiary in the St. Vincent and the Grenadines. Both companies will be using the NY4/LD4 hosting, bridge and risk management solutions from ISAM. Commenting on the news, the Director of TIO Markets, Mike Sideras said that the firm is aiming to deliver to its clients the best possible quality of services.
“ISRA provides TIO Markets with a high degree of flexibility in its offering, which we can then pass on to our clients,” Sideras said.
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Rebranding to TIO Markets
Last year, after raising over $30 million in an ICO, trade.io acquired Primus Capital Markets UK. The firm got rebranded to TIO Markets and became part of the larger group that includes a St. Vincent and Grenadines subsidiary.
So far, the firm has only been on-boarding clients via its offshore subsidiary with the FCA license expected to get activated in the first quarter of 2019. Trade.io officially launched its FX trading platform via TIO Markets at the end of 2018.
The newly announced partnership between TIO Markets and IS Risk Analytics focuses on broad account management, enhanced trade execution, and settlement. The solution delivered to the forex and CFDs arm of the crypto exchange also includes institutional liquidity and risk-consulting solutions.
“TIO has been an early adopter in the blockchain space and is a dynamic, next generation firm. We are looking forward to playing a major role in helping them to achieve their global growth ambitions,” said the Managing Director of ISRA, Jeff Wilkins.