TIO Markets will get ISRA’s hosting, proprietary bridge and risk management services.
TIO Markets, the FX and CFD trading arm of crypto firm trade.io has announced teaming with IS Risk Analytics (ISRA). IS Risk Analytics is a part of ISAM Capital Markets Group and both together will offer FX & CFD solutions.
TIO Markets has selected ISRA for its NY4/LD4 hosting, proprietary bridge and risk management services. TIO’s other subsidiaries in the St. Vincent and the Grenadines will also use the ISRA’s services.
IS Risk Analytics (ISRA) offers risk management solutions, hosting technology and institutional bridging services to FX brokers and specialises in revenue maximisation solutions. The newly forged partnership with TIO Markets will focus on broad account management, enhanced trade execution and settlement.
Commenting on the partnership with TIO Markets, Jeff Wilkins, Managing Director, IS Risk Analytics said:
“We are excited to be working with TIO Markets. TIO has been an early adopter in the blockchain space and is a dynamic, next-generation firm. We are looking forward to playing a major role in helping them to achieve their global growth ambitions.”
Mike Sideras, Director, TIO Markets also commented:
“We selected IS Risk Analytics because of their technology and their reputation in the FX market. We owe it to our clients to put them in the best position possible to make efficient trading decisions, and we feel that a relationship with ISRA provides this. Additionally, ISRA provides TIO Markets with a high degree of flexibility in its offering, which we can then pass on to our clients.”
TIO Markets was earlier known as Primus Capital Markets UK which got re-branded after trade.io acquired the firm and became part of the larger group that includes a St. Vincent and Grenadines subsidiary. The firm is currently on-boarding clients through its offshore subsidiary. Trade.io officially launched its FX trading platform via TIO Markets at the end of 2018. Trade.io expects to get FCA license in the first quarter of 2019.