JT Prime Reunites iS Prime Founders as Western Licence…
By Rick Steves
AI summary of the source article
Former iS Prime co-founders Raj Sitlani and Jonathan Brewer have partnered with risk specialist Jeff Wilkins to launch prime-of-prime provider JT Prime. The firm targets institutional clients with FX, metals, and CFD liquidity while seeking a major Western regulatory licence.
Key facts
- Raj Sitlani, Jonathan Brewer, and Jeff Wilkins have formed JT Prime to provide aggregated liquidity and execution across FX, precious metals, and index CFDs.
- JT Prime has applied for regulatory approval in an unnamed major Western market, while associated firm JT Markets Limited holds a Seychelles Financial Services Authority licence.
- The firm currently accepts cryptocurrency payments and plans to expand its product range into digital-asset liquidity and execution.
Source excerpt · FinanceFeeds
The founders are returning to the prime-of-prime model with a relationship-led offer, but a pending licence application and planned digital-asset expansion leave important elements of the business still to be established. JT Prime brings together Raj Sitlani and Jonathan Brewer, former senior e-FX colleagues at Goldman Sachs who co-founded iS Prime (now iSAM Securities), with Jeff Wilkins, the ris…