Sheer Markets Taps Match-Prime as Liquidity Provider

On January 13, Match-Prime, a
 
 Liquidity 
provider licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), announced that Sheer Markets, a FX broker based in Cyprus, has tapped its services as a liquidity provider. Match-Prime joins Sheer Market as the top global liquidity providers to enhance the fintech firm’s trading experience and strengthen its asset availability. The partnership will see Match-Prime giving Sheer Market full access to deep, multi-assets liquidity for more than 1,000 instruments, including equities, thus supporting a broad range of Sheer Market’s products. The collaboration will enable Match-Prime to expand Sheer Market’s liquidity resources to further enhance the trading experience for Sheer Market’s users.

Match-Prime is known for providing excellent services and products in the financial landscape. It offers liquidity access to 1,000+ trading instruments and 7 asset classes on a single account including equities, commodities, ETFs, metals, cash indices, energies, forex, and future indices. The firm provides its clients with comprehensive solutions and offers an individual approach to each of its customers to ensure the highest quality of offered solutions.

Sheer Market, a new
 
 fintech 
firm, which recently obtained a regulatory license from the CySEC, provides clients with a wide range of financial instruments, including emerging market currencies (EMFX), non-deliverable forwards (NDFs), stock induces, commodities, equities, and crypto CTDs.

Howard Carr, the CEO of Sheer Markets, talked about the development and said: “As an entity regulated by CySEC, we strive to provide the highest quality services to our clients. Therefore, we are constantly looking for trustworthy partners who share our philosophy. We searched for a suitable liquidity provider for a long time and finally decided to cooperate with Match-Prime. We were convinced by their approach to us as partners, and their offer is constantly expanding. We try to deliver an innovative product ourselves, which includes traditional CFDs on Foreign Exchange, Commodities, Stocks, Cryptocurrencies and Stock Indices, that’s why we needed a partner to rely on that understands modern business. Currently, we are in constant contact, and the cooperation is very good. I’m certain it will remain so in the future.”

Meanwhile, Andreas Kapsos, the Chief Executive Officer of Match-Prime Liquidity, also commented about the development and stated: “Sheer Markets, just like our company, is a relatively new established organization, which is also regulated by the Cypriot Regulator; therefore, we have a common understanding, knowing which are the potential problems that may arise. We are glad that such a team of professionals has trusted us. I am sure that our businesses will grow together. I believe that our deep, multi-level liquidity will help them take the next step in the right direction.”

Why Financial Markets Need Liquidity

The development by Match-Prime comes at a time when liquidity providers in forex and other markets are critical. Without liquidity, financial activities would be chaotic, highlighted by gaps and jumps in prices. However, a highly liquid market creates a smooth entry and exit transition, thus making it desirable for all players in the market to participate from large institutions and to small speculators. Liquidity is normally created by a liquidity provider, which is typically a market broker or institution which behaves as a market maker in a chosen asset class. To help others make better decisions, liquidity providers share their quotation data with other market players.

Investment and commercial banks normally offer bid-ask quotes for all currency pairs they make in the market. They provide the tightest spreads for such currency pairs to the best and biggest customers, and often resort to trading their pairs on behalf of their customers, rather than depending on just the bid-ask spreads to make profits. Some of the major commercial bank liquidity providers include HSBC, Societe Generale, Deutsche Bank, Citibank, Union Bank of Switzerland, among others. Meanwhile, brokers and non-bank institutions such as Jump Trading brokerage company, Citadel Securities, XTX Markets, and others, also do provide secondary liquidity to smaller financial institutions and brokers. So, due to establishing additional connections, various fintech firms benefit from improved aggregated liquidity and expanded market depth.

On January 13, Match-Prime, a
 
 Liquidity 
provider licensed and regulated by the Cyprus Securities and Exchange Commission (CySEC), announced that Sheer Markets, a FX broker based in Cyprus, has tapped its services as a liquidity provider. Match-Prime joins Sheer Market as the top global liquidity providers to enhance the fintech firm’s trading experience and strengthen its asset availability. The partnership will see Match-Prime giving Sheer Market full access to deep, multi-assets liquidity for more than 1,000 instruments, including equities, thus supporting a broad range of Sheer Market’s products. The collaboration will enable Match-Prime to expand Sheer Market’s liquidity resources to further enhance the trading experience for Sheer Market’s users.

Match-Prime is known for providing excellent services and products in the financial landscape. It offers liquidity access to 1,000+ trading instruments and 7 asset classes on a single account including equities, commodities, ETFs, metals, cash indices, energies, forex, and future indices. The firm provides its clients with comprehensive solutions and offers an individual approach to each of its customers to ensure the highest quality of offered solutions.

Sheer Market, a new
 
 fintech 
firm, which recently obtained a regulatory license from the CySEC, provides clients with a wide range of financial instruments, including emerging market currencies (EMFX), non-deliverable forwards (NDFs), stock induces, commodities, equities, and crypto CTDs.

Howard Carr, the CEO of Sheer Markets, talked about the development and said: “As an entity regulated by CySEC, we strive to provide the highest quality services to our clients. Therefore, we are constantly looking for trustworthy partners who share our philosophy. We searched for a suitable liquidity provider for a long time and finally decided to cooperate with Match-Prime. We were convinced by their approach to us as partners, and their offer is constantly expanding. We try to deliver an innovative product ourselves, which includes traditional CFDs on Foreign Exchange, Commodities, Stocks, Cryptocurrencies and Stock Indices, that’s why we needed a partner to rely on that understands modern business. Currently, we are in constant contact, and the cooperation is very good. I’m certain it will remain so in the future.”

Meanwhile, Andreas Kapsos, the Chief Executive Officer of Match-Prime Liquidity, also commented about the development and stated: “Sheer Markets, just like our company, is a relatively new established organization, which is also regulated by the Cypriot Regulator; therefore, we have a common understanding, knowing which are the potential problems that may arise. We are glad that such a team of professionals has trusted us. I am sure that our businesses will grow together. I believe that our deep, multi-level liquidity will help them take the next step in the right direction.”

Why Financial Markets Need Liquidity

The development by Match-Prime comes at a time when liquidity providers in forex and other markets are critical. Without liquidity, financial activities would be chaotic, highlighted by gaps and jumps in prices. However, a highly liquid market creates a smooth entry and exit transition, thus making it desirable for all players in the market to participate from large institutions and to small speculators. Liquidity is normally created by a liquidity provider, which is typically a market broker or institution which behaves as a market maker in a chosen asset class. To help others make better decisions, liquidity providers share their quotation data with other market players.

Investment and commercial banks normally offer bid-ask quotes for all currency pairs they make in the market. They provide the tightest spreads for such currency pairs to the best and biggest customers, and often resort to trading their pairs on behalf of their customers, rather than depending on just the bid-ask spreads to make profits. Some of the major commercial bank liquidity providers include HSBC, Societe Generale, Deutsche Bank, Citibank, Union Bank of Switzerland, among others. Meanwhile, brokers and non-bank institutions such as Jump Trading brokerage company, Citadel Securities, XTX Markets, and others, also do provide secondary liquidity to smaller financial institutions and brokers. So, due to establishing additional connections, various fintech firms benefit from improved aggregated liquidity and expanded market depth.

Source: https://www.financemagnates.com/fintech/sheer-markets-taps-match-prime-as-liquidity-provider/