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Screenshot of a breaking news alert e-mail from Q2 2017
LeapRate Exclusive… LeapRate has learned that a new EU regulated provider of liquidity and risk management services has launched, based in Cyprus, called INFLYX.
Seeking to broaden the scope of liquidity services to Forex and CFD brokers, INFLYX has launched a programme of comprehensive solutions for managing liquidity risk. This programme is intended to minimise exposure and maximise revenue for small and medium-sized brokers who do not wish to operate resource-heavy dealing rooms or conduct time-intensive risk management.
INFLYX is a trade name of CySEC regulated ICC Intercertus Capital Limited. ICC is also the parent company of regulated Retail FX broker EverFX.
Volatility in forex and other markets is not new, but periods of volatility have certainly on the whole become more pronounced over the past few years. This is the main driver of INFLYX’s expansion of its services in response to clients’ requests. The management team at INFLYX stated that it is well-positioned to work closely with brokers to manage their risk, having decades of collective experience in risk-related capacities.
The competitive advantage of INFLYX’s risk management is transparency. With open pricing models and full technological and integration support, INFLYX said that its services are designed with the client in mind.
INFLYX’s Chief Risk Officer Marios Antoniou said to LeapRate:
This is a big leap forward for INFLYX and also for our clients. Sourcing liquidity with risk management services means that brokers can minimise the costs that can otherwise be associated with maintaining full dealing departments and expensive technology. It also fits into INFLYX’s central mission of focusing on transparency in all matters, with our main effort being the closest and most honest possible cooperation with our clients to manage risk.
On the liquidity side of its business, INFLYX has no minimum volume requirements, so that brokers can source as much or as little liquidity as required for any instrument offered. INFLYX collaborates with PrimeXM and oneZero Financial to streamline institutional access to liquidity. The company’s use of the Financial Information eXchange (FIX) protocol and direct market access helps to guarantee the highest possible speed of execution for clients.
INFLYX’s customers also include professional traders, who utilize INFLYX for direct access to its deep order book across a variety of different CFD classes including rarer forex minors.
INFLYX’s management team includes Executive Director Maria Stylianou, who has experience on both the trading and compliance side of the FX business with EverFX and Windsor Brokers. Other executives include the aforementioned Chief Risk Officer Marios Antoniou, and Head of Finance Avgoustinos Athiainitis.