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"There's a Clear Space Between Tier-One Providers and Everyday Brokerages," Says STARPrime's Jay Mawji

Wednesday, 10/12/2025 | 08:36 GMT by Damian Chmiel
  • Retail brokers working with STARPrime can now access institutional-grade liquidity alongside bundled execution infrastructure from Your Bourse.
Jay Mawji

STARPrime has joined Your Bourse's ecosystem as a Premium Liquidity Provider, giving retail brokers access to aggregated liquidity alongside a bundle of execution tools designed to keep infrastructure costs contained.

According to both companies, the partnership addresses a recurring challenge for smaller brokerages: balancing execution quality with the cost of connectivity, hosting , and reporting infrastructure.

Brokers using STARPrime can now route orders through Your Bourse's matching engine and receive up to 250 instruments, one billion dollars in notional monthly volume, and hosted bridge infrastructure without separate licensing fees.

Targeting the Middle Ground Between Retail and Institutional Pricing

Jay Mawji, CEO of STARPrime, said the firm is positioning itself between tier-one institutional providers and simplified retail solutions: "There's a clear space between tier-one providers and everyday brokerages.”

“Our goal is to fill that space with strong pricing, a solid order book, and an approach that doesn't punish brokers for individual aggressive clients, but simultaneously maintains the integrity of their liquidity to ensure that their clients experience a high quality of pricing and execution," Mawji added.

Mawji previously worked at Infinox for more than ten years and was appointed the firm’s CEO in February. In June, however, he moved to a new role at STARPrime.

STARPrime operates as the institutional division of STARTRADER and holds regulatory licenses across six jurisdictions including ASIC, FCA, and SCA. The firm uses a liquidity aggregation model that pools pricing from multiple market participants and includes a central limit order book to match orders internally when possible.

Your Bourse has focused on low-latency infrastructure for retail and institutional clients, processing more than 500,000 order events per second with trade execution in two microseconds. The firm appointed Elina Pedersen as CEO in July 2025, with Co-Founder Andrey Vedikhin moving to Chairman.

Routing, Execution and Reporting

Brokers connecting through STARPrime receive a defined set of Your Bourse components focused on essential execution functions. The bundle includes platform connectors for MT4 and MT5, the Your Bourse Matching Engine, direct connectivity to STARPrime as a Premium LP, and hosting for the bridge infrastructure.

Kate Rutkovskaya
Kate Rutkovskaya

Reporting tools include real-time system logs, FIX log parsing, and the Trade Blotter, a customizable database that tracks all institutional flow, internalized orders, and matched trades. The package also includes email support with a 48-hour response time and instrument coverage for up to 250 symbols chosen by the broker.

Kate Rutkovskaya, Chief Revenue Officer at Your Bourse, said the program is meant to offer an alternative to polarized pricing models.

"Many brokers often feel they have to choose between 'cheap but limited' and 'too expensive and complex'. With this program, we want to show that there is a middle ground, solid technology and clear pricing that actually fit their size," Rutkovskaya noted.

The current CEO has emphasized the need for brokers to differentiate between trading platforms and trade engines, arguing that execution infrastructure should be treated as a separate layer from client-facing interfaces.

The company has also integrated its technology with MAP FinTech's regulatory solutions to provide combined risk management and compliance tools.

STARPrime has joined Your Bourse's ecosystem as a Premium Liquidity Provider, giving retail brokers access to aggregated liquidity alongside a bundle of execution tools designed to keep infrastructure costs contained.

According to both companies, the partnership addresses a recurring challenge for smaller brokerages: balancing execution quality with the cost of connectivity, hosting , and reporting infrastructure.

Brokers using STARPrime can now route orders through Your Bourse's matching engine and receive up to 250 instruments, one billion dollars in notional monthly volume, and hosted bridge infrastructure without separate licensing fees.

Targeting the Middle Ground Between Retail and Institutional Pricing

Jay Mawji, CEO of STARPrime, said the firm is positioning itself between tier-one institutional providers and simplified retail solutions: "There's a clear space between tier-one providers and everyday brokerages.”

“Our goal is to fill that space with strong pricing, a solid order book, and an approach that doesn't punish brokers for individual aggressive clients, but simultaneously maintains the integrity of their liquidity to ensure that their clients experience a high quality of pricing and execution," Mawji added.

Mawji previously worked at Infinox for more than ten years and was appointed the firm’s CEO in February. In June, however, he moved to a new role at STARPrime.

STARPrime operates as the institutional division of STARTRADER and holds regulatory licenses across six jurisdictions including ASIC, FCA, and SCA. The firm uses a liquidity aggregation model that pools pricing from multiple market participants and includes a central limit order book to match orders internally when possible.

Your Bourse has focused on low-latency infrastructure for retail and institutional clients, processing more than 500,000 order events per second with trade execution in two microseconds. The firm appointed Elina Pedersen as CEO in July 2025, with Co-Founder Andrey Vedikhin moving to Chairman.

Routing, Execution and Reporting

Brokers connecting through STARPrime receive a defined set of Your Bourse components focused on essential execution functions. The bundle includes platform connectors for MT4 and MT5, the Your Bourse Matching Engine, direct connectivity to STARPrime as a Premium LP, and hosting for the bridge infrastructure.

Kate Rutkovskaya
Kate Rutkovskaya

Reporting tools include real-time system logs, FIX log parsing, and the Trade Blotter, a customizable database that tracks all institutional flow, internalized orders, and matched trades. The package also includes email support with a 48-hour response time and instrument coverage for up to 250 symbols chosen by the broker.

Kate Rutkovskaya, Chief Revenue Officer at Your Bourse, said the program is meant to offer an alternative to polarized pricing models.

"Many brokers often feel they have to choose between 'cheap but limited' and 'too expensive and complex'. With this program, we want to show that there is a middle ground, solid technology and clear pricing that actually fit their size," Rutkovskaya noted.

The current CEO has emphasized the need for brokers to differentiate between trading platforms and trade engines, arguing that execution infrastructure should be treated as a separate layer from client-facing interfaces.

The company has also integrated its technology with MAP FinTech's regulatory solutions to provide combined risk management and compliance tools.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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