Invast Blog

Invast Global deepens liquidity offering by adding Lucid Markets to PurePrime

Invast Global is proud to announce a new partnership with Lucid Markets, the world’s first non-bank FX market maker. In 2009, Lucid Markets established itself as the world’s first alternative FX liquidity provider, offering an SLA equivalent to top tier banks. Clients of the Invast Global multi-asset prime services facility, PurePrime, will now have access to unique proprietary FX pricing from the renowned market making firm.

 

Lucid Markets is a discrete, specialised quantitative-driven FX market maker. Formed by the former heads of FX algorithmic trading at Deutsche Bank and Goldman Sachs, Lucid Markets streams unique prices uncorrelated to bank or other liquidity sources. As Lucid Markets is a genuine creator of liquidity and warehouser of risk, client orders are executed with minimal market impact.

 

Paul Lonsdale, Partner at Lucid Markets states, ‘Lucid Markets is honoured to be chosen by Invast Global to help support their already award winning prime services facility”.

 

The partnership with Lucid Markets expands Invast’s PurePrime to over 20 unique FX and metals liquidity providers. The impressive suite of non-bank market-makers Invast Global has assembled within the PurePrime facility is unique in the industry and include names such as Citadel Securities, XTX Markets and Virtu Financial. This line-up represents a new era of access for clients. Never before have clients without direct Tier 1 PB relationships been able to access the liquidity provided by the non-bank market-making giants.

 

Offering a tailored solution for institutional clients, brokerages, hedge funds and sophisticated traders, PurePrime offers access to disclosed bank, non-bank and ECN liquidity via multiple trading GUIs or API, all backed by 3 Tier 1 Prime Brokers.

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