IS Prime Launches Variable Spread Offering for Indices and Oil

Fazzaco learned that ISAM Capital Markets Group's subsidiary IS Prime has launched a variable spread offering for Indices and Oil.

According to IS Prime, the new offering will provide clients with even more competitive pricing and more accurately reflect the market conditions and available liquidity in these products. It is part of the Group's broader strategy to launch a range of new products, adding further value to brokers, hedge funds and professional trader clients.

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Barry Flanigan, Head of Distribution and Liquidity at IS Prime, said: "Traditionally, Liquidity Providers offer fixed spreads on indices and oil but we have seen increasing demand from clients for variable pricing. We developed our product in this area for a particular client and are rolling it out on a wider basis to enable more clients to benefit from the competitive pricing available through this model. This is a great example of how we evolve and develop our products in response to client demand."

​Earlier in April, Fazzaco reported that IS Prime has integrated its liquidity with the multi-asset trading platform of Fortex Technologies. Additionally, the company has expanded its offering of White Label solutions​ with the addition of MT5 in order to give further options to retail FX brokers.