Meet Deriv - Proud Platinum Sponsor at iFX EXPO International 2023

iFX EXPO: Tell us a bit about your company! When was it founded? Where are you based? Etc

Alexandros Patsalides, Head of Deriv Prime: ?

First of all, thank you for hosting me for this interview and for the great work that you are doing within the financial services sector.

Deriv Prime is the institutional arm of the Deriv Group, which is one of the world’s largest investment firms in the financial industry. Deriv Group is continuously expanding its range of products, services, and trading platforms, catering to millions of clients and partners worldwide.

Given Deriv’s strong global presence, abiding and operating successfully in multiple jurisdictions within a multi-regulated framework, it was only a matter of time before we started catering to the institutional market.

Deriv Prime offers an innovative liquidity solution that provides small and large financial entities, brokerage firms, and corporations access to exclusive liquidity pools.

Deriv has offices in 23 global locations, with headquarters located in Malaysia. The core team behind Deriv Prime operates from Limassol, Cyprus, a pivotal hub in Europe's Forex industry.

iFX EXPO: What sets you apart from the competition?

Alexandros Patsalides, Head of Deriv Prime: ?

At Deriv, we’re aware that liquidity provision needs a transformative overhaul.

Deriv Prime is a liquidity provider that democratises liquidity provision to other regulated financial institutions, no matter their size, ensuring a level playing field. This underscores our commitment to rectifying the shortcomings of the prevailing model.

Deriv Prime is backed by cutting-edge technology, offering seamless integration with existing systems, fast execution with intelligent order routing, reliable access to deep liquidity pools, and dedicated support.? Through Deriv Prime, institutions can offer a broader range of financial products that can be tailored to their trading needs as per their own business models.

With strong financial backing from the Deriv Group, Deriv Prime is perfectly positioned to positively disrupt the liquidity provision space, offering fair liquidity pricing and standing by our partners, helping them grow every step of the way.

Our strategic network of Prime-of-Prime and Tier-1 counterparties affords us exceptional market depth and ultra-fast execution.

iFX EXPO: Who from your team will be at the event?

Alexandros Patsalides, Head of Deriv Prime: ?

Apart from the Cyprus-based Deriv Prime team, which includes myself, Alexandros A. Patsalides, and Debbie Georgiou, we are excited to have key members of the Deriv Group Management team also attend the IFX Expo.

This includes Rakshit Choudhary, our Chief Operating Officer; Mohamed Bouzoubaa, Vice President of Trading Operations; Prakash Bhudia, Head of Dealing; Derek Swift, Head of Marketing and Payments Solutions; and Simo Dafir, Head of Structuring and Quants.

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iFX EXPO: Do you have news or releases coming out that you would like to share?

Alexandros Patsalides, Head of Deriv Prime: ?

We sure do. Even though Deriv Prime has been operating in soft launch mode, the official launch will take place during the iFX EXPO International 2023 in Cyprus.

We could not have wished for a better event or venue for our launch. We eagerly anticipate engaging with potential institutional clients to discuss their liquidity requirements. Deriv Prime will be at Booth 10 where we will also have some exciting giveaways.

iFX EXPO: As one of our Exhibitors and Sponsors, what would you say is the highlight of iFX EXPO events for you?

Alexandros Patsalides, Head of Deriv Prime: ?

Without a doubt, the engaging panel discussions held at the Speaker Hall and Idea Hub at all iFX EXPO events. The information freely provided within said sessions is second-to-none and provides insights into different topics and aspects within the financial services industry.

I encourage everyone to attend the Trade Tech: The Golden Compass Towards Win-Win panel session on Thursday, 21 September, in the Speaker Hall at 14:00, where I and several industry peers will have an engaging discussion.

You can meet Deriv, a proud Platinum Sponsor, at iFX EXPO International 2023, Booth 10.