Wide scope of brokers to benefit from enhanced connectivity and liquidity services
London, UK, September 14, 2021 —IG Prime, the institutional prime brokerage unit of IG Group (LON:IGG), today announced its strategic collaboration with Centroid Solutions, a technology provider that combines real-time analytics, sophisticated risk-management, and advanced connectivity with extensive industry-knowledge to improve risk-adjusted performance and strengthen sustainability for brokers.
Due to its strong relationships with global tier one banks, IG Prime offers deep liquidity and real-time pricing to institutional clients worldwide. The collaboration with Centroid will offer institutional clients access to a large internal liquidity pool, created by more than 330,000 active clients making over 14 million transactions a month, as well as a wide selection of external liquidity venues. These include global banks, non-bank liquidity providers, primary exchanges, market makers, brokers and MTF dark pools.
“IG Prime has a track record in providing deep liquidity to brokers for more than two decades. This heritage, combined with our ongoing commitment to improving our offering, helps our institutional clients to execute quickly on a range of markets from anywhere in the world, and feel secure working with a company that has a long track record of serving this market. Our collaboration with Centroid is a testament to our continual investment in faster, more intelligent execution technology, and to give institutional clients the most effective channel to access dynamic, ever-changing markets.” Said Niamh Byrne, UK institutional sales leader.
“We are delighted to join forces with a world-class multi-asset liquidity provider like IG. Now, our clients gain market access via IG’s liquidity while IG’s clients benefit from our solutions in one centralised system. We look forward to working with IG to provide the best execution environment and access to global financial markets to our customers.” added Cristian Vlasceanu, CEO of Centroid Solutions.
IG Group has been at the forefront of trading innovation since 1974. Since then, we’ve evolved into a global fintech company incorporating the IG, tastytrade, IG Prime, Spectrum, Nadex and DailyFX brands, with a presence in Europe, North America, Africa, Asia-Pacific and the Middle East.
Our award-winning products and platforms empower ambitious people the world over to unlock opportunities around the clock, giving them access to over 19,000 financial markets. Today, more than 400,000 clients call IG Group home.
IG Group Holdings plc is an established member of the FTSE 250 and holds a long-term investment grade credit rating of BBB- with a stable outlook from Fitch Ratings.
About Centroid Solutions:
Centroid Solutions is a fintech innovator specialising in risk management, quantitative analytics, connectivity, complex execution strategies and P&L optimisation for multi-asset financial brokers. Centroid offers a complete suite of technology solutions and infrastructure that is specifically designed to help brokers optimise their business performance, expand their product offering and facilitate business growth.