MTG Liquidity Ltd, commonly referred to by its trade name, Match-Prime, has made use of its new Cyprus Investment Firm (CIF) license, launching a new liquidity service for contracts for differences (CFDs) and forex.
Launching A New Liquidity Service
The press release itself explained that Match-Prime is targeting licensed entities and professional clients only, doing so on a Prime of Prime model offering. Indeed, the Cypriot firm explained that it would offer its clients customized liquidity solutions, doing so for an excess of a thousand equities and trading instruments. Match-Prime stands as the only firm offering these services with a starting monthly fee of $1,000, doing so in a bid to stay competitive with other established liquidity providers.
Match-Trade Technologies will have its technologies be used with this liquidity provider. Match-Trade itself serves 130 clients, spread across both institutional and retail trading industries. Match-Trade, back in September, made an expansion into Asia, as well, setting up a new office within South Korea.
Something amusing to make note of is the fact that Match-Trade and Match-Prime are two separate, independent ventures. This comes in spite of the two startups, seemingly not knowing the other’s name sounds so similar to their own.
The Mandatory Public Statements
Andreas Kapsos stands as the CEO of Match-Prime, and gave the mandatory public statement about the matter at large. He explained that Match-Prime stands as a relatively new player in the market, but the individuals themselves are veterans, with years of Forex industry experience under their belt.
Kapsos himself stands as a prime example of it, with about a decade of financial industry experienced. He boasts tenures in CAPEX.com, BrightFX Capital, as well as Safecap Investment. Stavros Economides, the COO of the firm, had also done his fair share of experience, having spent years within several companies, TeleTrade and Q8 Trade included.
Kapsos explained this experience allows the firm to understand the need of brokers intimately, understanding the importance of liquidity source diversification. Kapsos declared that the offering they provide is an attractive one indeed, giving deep liquidity for more than 1000 equities and trading instruments, all for as little as $1,000 in monthly fees. Kapsos believes that people will check out his firm’s services should the right price conditions be met.
Kapsos finished off by highlighting the quality of his startup’s system thanks to its close partnership with Match-Trade Technologies. As such, he stands confident that firms will start to notice his startup and do business with it.