iSAM Securities Apex has integrated with Evenox, giving brokers access to institutional multi-asset liquidity tailored to their trading flow and business requirements.
No two brokers have exactly the same liquidity needs. Differences in client activity, trading volumes and hedging strategies mean that a standard liquidity offering may not always provide the best fit.
Evenox, formerly known as LP Prime, takes a customised approach to liquidity provision, working directly with brokers to structure liquidity pools and pricing around their requirements. The company provides access to more than 2,500 instruments across FX, precious metals, equities, indices, energies and ETFs, combining liquidity from multiple institutional sources with flexible execution arrangements and direct access to its team.
Through the integration, Apex clients can access Evenox's liquidity alongside their existing providers, without changing their execution infrastructure. Apex's aggregation and routing tools allow brokers to incorporate these various liquidity sources into their pricing and hedging strategies, while retaining control over how orders are executed.
Dennis Weissert, Chief Commercial Officer, iSAM Securities Apex, commented:
“I'm very happy to welcome Evenox to Apex, having known several members of their team for quite some time. It's great to see what they're building. I'm confident we'll be hearing a lot more about Evenox in the years ahead, and I'm excited to have them as part of our growing liquidity ecosystem.”
Stavros Economides, Managing Partner, Evenox, commented:
“Thank you to Dennis and the iSAM Securities team for the warm welcome. Joining Apex puts Evenox’s tailored liquidity directly in front of brokers who value flexibility and control. We’re looking forward to working closely with Apex clients and showing what a genuinely customised liquidity relationship looks like.”
Evenox liquidity is now available to brokers using iSAM Securities Apex.
iSAM Securities (USA) Inc.