IS Prime Taps Reactive Markets for New Trading and Risk System

IS Prime, a prime brokerage and execution venue, launched on Monday a new trading GUI and risk system, which is targeted towards its growing client base of FX hedge funds and asset managers.

The prime of prime brokerage detailed that the services allow its clients to combine their position management, charting, technical analysis, 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, and trading across several asset classes. Traders can view and manage their risks in a single place.

Additionally, the services are allowing IS Prime clients to access trade Analytics Analytics Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt Read this Term, including slippage and latency statistics, for efficient trading.

According to the press release shared with Finance Magnates, the FCA-regulated broker has partnered with trading technology company Reactive Markets for the introduction of the new services.

Commenting on the development, Jonathan Brewer, IS Prime’s Managing Partner, said: “This is a significant strategic development for IS Prime, enabling us to expand our ever-growing number of FX hedge fund and asset manager clients in addition to providing an enhanced offering for our existing client base of banks, brokers and professional traders. It further cements our position as a global market-leading Prime of Prime.”

Another Tech Provider in the Trading Industry

Reactive Markets, which was founded in 2019, is a relatively new player in the trading technology space. The company is expanding its small team and onboarded Henry Durrant earlier this year, who joined the firm from FXSpotStream.

“Reactive Markets is delighted to be partnering with a market leader like IS Prime as we roll out Crossfire, our cloud-based high-performance trader desktop,” said Phil Morris, Co-founder of Reactive Markets. “It's been a privilege to work with the IS Prime team whose input has been invaluable in helping us build our functionally rich multi-asset trading and analytics UI.”

“We are very excited for what the future holds for this partnership and look forward to continuing to deliver innovative trading technology solutions for IS Prime.”