STARPrime
has joined Your Bourse’s ecosystem as a Premium Liquidity Provider, giving
retail brokers access to aggregated liquidity alongside a bundle of execution
tools designed to keep infrastructure costs contained.
According
to both companies, the partnership addresses a recurring challenge for smaller
brokerages: balancing execution quality with the cost of connectivity, hosting,
and reporting infrastructure.
Brokers
using STARPrime can now route orders through Your Bourse’s matching engine and
receive up to 250 instruments, one billion dollars in notional monthly volume,
and hosted bridge infrastructure without separate licensing fees.
Targeting the Middle
Ground Between Retail and Institutional Pricing
Jay Mawji,
CEO of STARPrime, said the firm is positioning itself between tier-one
institutional providers and simplified retail solutions: “There’s a clear
space between tier-one providers and everyday brokerages.”
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“Our goal
is to fill that space with strong pricing, a solid order book, and an approach
that doesn’t punish brokers for individual aggressive clients, but
simultaneously maintains the integrity of their liquidity to ensure that their
clients experience a high quality of pricing and execution,” Mawji added.
Mawji previously worked at Infinox for more than ten years and was appointed the firm’s CEO in February. In June, however, he moved to a new role at STARPrime.
STARPrime
operates as the institutional division of STARTRADER and holds regulatory
licenses across six jurisdictions including ASIC, FCA, and SCA. The firm uses a
liquidity aggregation model that pools pricing from multiple market
participants and includes a central limit order book to match orders internally
when possible.
Your Bourse
has focused on low-latency infrastructure for retail and institutional
clients, processing
more than 500,000 order events per second with trade execution in two
microseconds. The
firm appointed Elina Pedersen
as CEO in July 2025,
with Co-Founder Andrey Vedikhin moving to Chairman.
Routing, Execution and
Reporting
Brokers
connecting through STARPrime receive a defined set of Your Bourse components
focused on essential execution functions. The bundle includes platform
connectors for MT4 and MT5, the Your Bourse Matching Engine, direct
connectivity to STARPrime as a Premium LP, and hosting for the bridge
infrastructure.
Reporting
tools include real-time system logs, FIX log parsing, and the Trade Blotter, a
customizable database that tracks all institutional flow, internalized orders,
and matched trades. The package also includes email support with a 48-hour
response time and instrument coverage for up to 250 symbols chosen by the
broker.
Kate
Rutkovskaya, Chief Revenue Officer at Your Bourse, said the program is meant to
offer an alternative to polarized pricing models.
“Many
brokers often feel they have to choose between ‘cheap but limited’ and ‘too
expensive and complex’. With this program, we want to show that there is a
middle ground, solid technology and clear pricing that actually fit their
size,” Rutkovskaya noted.
The current
CEO has emphasized the need for brokers to differentiate between trading
platforms and trade engines, arguing that execution infrastructure should be treated as a separate
layer from client-facing interfaces.
The company
has also integrated its
technology with MAP FinTech’s regulatory solutions to provide combined risk management and
compliance tools.
This article was written by Damian Chmiel at www.financemagnates.com.
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