iSAM Securities Apex Integrates Scope Prime Liquidity, Giving Brokers More Choice and Control
iSAM Securities Apex has integrated with Scope Prime, giving brokers access to Scope Prime’s institutional liquidity – including 24/7 gold, silver, oil and selected equities – through Apex’s ultra-low-latency execution platform.
For brokers, the choice of liquidity provider affects pricing, hedge costs and profitability. Scope Prime is the institutional liquidity arm of Rostro Group, providing multi-asset liquidity and prime-of-prime services across FX, precious metals, indices and commodities to brokers, funds and professional trading firms worldwide, with tailored pricing and flexible execution arrangements.
Apex clients can now add Scope Prime’s pricing to their existing liquidity arrangements and use Apex to control how that liquidity is aggregated, routed and distributed to their clients. The integration gives brokers another option as they review pricing and respond to changing market conditions.
Dennis Weissert, Chief Commercial Officer, iSAM Securities Apex, commented:
“In my view, one of Scope Prime’s key strengths is its flexibility and ability to deliver customised liquidity solutions that meet the specific needs of brokers. I’m very pleased to have them connected to Apex, giving our mutual clients direct access to their offering. It’s great to have Scope Prime as part of our growing liquidity ecosystem.”
Daniel Lawrance, Chief Executive Officer, Scope Prime, commented:
“A broker’s book is never one kind of flow, and it should not be priced as if it were. We run a set of feeds built for different types of flow – including the fast, short-horizon flow that is hardest to price – on a single margin profile. Apex gives brokers precise control over how liquidity is aggregated and routed, and that is exactly the environment those feeds were built for. Add our 24/7 gold, silver and oil liquidity, and a broker on Apex can price each part of its book on its own merits without building any new connectivity.”
iSAM Securities (USA) Inc.
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