IG Prime Rolls Out White Label Platform for Institutional Partners

IG Prime, the prime brokerage and institutional offering from IG Group (LSE: IGG), has launched a white label trading platform that allows partner institutions to offer multi-asset trading services under their own brand, with an unnamed international banking group becoming the first client for the new offering.

The platform provides banking group hedge fund clients with access to IG's global trading infrastructure, while maintaining the bank's branding throughout the user experience. The arrangement represents IG Prime's push to expand beyond its traditional prime brokerage services into technology partnerships with financial institutions.

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Hedge Funds Get Multi-Asset Access

The white label solution provides access to derivatives across equities, indices, foreign exchange, commodities and fixed income markets. Partner institutions can offer their clients IG Prime's execution technology while presenting it as their own service.

The platform integrates trading, analytics and risk management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term tools within what IG describes as a secure and scalable environment. Desktop and mobile access come standard, along with connection to IG Prime's low-latency execution systems.

This is another update following the early August announcement that IG Group’s institutional unit expanded its offering to include access to data from the Australian exchange via CBOE through its FIX API.

Read more: Inside IG Group’s FY25 Results - Divestment, Marketing Costs and More

Revenue Sharing Model Drives Expansion

IG Prime's move into white label services follows a broader industry trend where established brokerages monetize their technology infrastructure by licensing it to other financial firms. The model allows partners to offer sophisticated trading capabilities without building their own systems from scratch.

"This product launch marks a significant milestone for IG Prime," said Babita Ittoo Devillers, Managing Director of IG Prime. "Our enhanced white label platform expands our institutional capabilities, delivering a highly sophisticated offering with broad market reach for our clients."

The banking group partnership gives IG Prime access to institutional hedge fund clients it might not have reached through direct sales efforts. IG Prime, the institutional arm of FTSE 250-listed IG Group, already serves institutional funds through its traditional prime brokerage operations.

The company has not disclosed the financial terms of the partnership or revealed the identity of the banking group client. IG Prime said the platform meets regulatory standards required for institutional trading Institutional Trading Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Institutional trading can be characterized as individuals or entities with the ability to invest in securities that are not available to retail traders directly.This includes specific investments such as FX forwards or swaps, among others.There are many types of players in the institutional trading space. These include central banks, retail and commercial banks, internet banks, credit unions, savings, and loan associations, investment banks, investment companies, brokerage firms, insurance compa Read this Term operations.

Earlier this week, FinanceMagnates.com reported that after five years as Chairman, Mike McTighe is stepping down from the Group. However, he will stand for re-election at the upcoming AGM despite the announcement of his departure.