From the desk
Practical notes on liquidity, execution and infrastructure — written for institutional partners by the team behind the platform.
Articles
Exposure management for prop firms: the problem that shows up as you scale
Why hundreds of accounts running similar strategies concentrate risk invisibly, how to separate evaluation from funded, and what to measure before the mismatch catches up with you.
How to launch a broker in Latin America: the right order of decisions
The sequence that separates an orderly launch from an expensive one: jurisdiction, structure, execution, platform, payments and client acquisition. What to decide first and which mistakes cost months.
Counterparty risk: what happens if your execution provider goes under
The four risks you take on by concentrating your execution in one entity, how to assess them before signing, and why fund segregation matters more than any clause in the contract.
How to read a liquidity agreement: the ten clauses that decide the relationship
A guide to what to look for in an execution agreement before signing it: unilateral-modification clauses, definition of prohibited flow, termination, data ownership, and the questions to take to your lawyer.
How to evaluate a FIX API before committing your integration
What to check in a FIX session beyond the version: message coverage, reconnection behavior, symbol mapping, drop-copy, and the questions that reveal whether the sandbox is worth anything.
Toxic flow and latency arbitrage: what they are and why they affect you even if you don't practice them
What makes flow count as toxic, how latency arbitrage works, why the label is sometimes used as an excuse, and how to defend yourself against having it applied unfairly.
Last look and no-last-look: the mechanism, not the villain
What the Last-Look window exactly is, why it exists, when it's abused, what No-Last-Look really costs, and the questions that separate legitimate use from the opposite.
Fill ratio and rejection rate: the two numbers that reveal your counterparty
What they measure exactly, why a low rejection rate can be a bad sign, how both metrics are manipulated, and what to ask for so they mean something.
A-book, B-book and hybrid: all three are legitimate, opacity is not
What each execution model is, when each one makes sense, why B-book isn't a dirty word, and the single question that separates a serious operator from one that isn't.
How liquidity aggregation works (and why your fill isn't the one you expected)
What an aggregator actually does between the bank's price and your client's fill: book construction, routing rules, symbol normalization, and where execution quality is lost.
LP, prime broker and prime of prime: what each one is and which you need
The three figures are constantly confused in LATAM and they aren't interchangeable. What each one does, what it demands of you, how much capital it asks for, and how to tell which one fits your operation.
Exura Prime receives FSC Mauritius approval as an Investment Dealer
Exura Prime Ltd is authorised and regulated by the Financial Services Commission (FSC) of Mauritius as an Investment Dealer (Full Service Dealer, excluding Underwriting). What the licence means, what it requires, and why it matters for our institutional counterparties.
How a broker chooses liquidity: the conversation almost nobody gets right
A practical guide for brokers evaluating where to execute: what to ask on the first call, which numbers actually mean something, and the signs that a proposal is marketing rather than infrastructure.
Best Multi-Asset Liquidity Provider — Exura Prime at FX Expo Quito 2026
Exura Prime served as Platinum Sponsor and Trading Arena sponsor at FX Expo Global Quito on May 30–31 2026 and was named Best Multi-Asset Liquidity Provider in the Liquidity Provider category — a fourth consecutive LATAM recognition.
Most Transparent Liquidity Provider — Exura Prime at FX Expo Guadalajara 2026
Exura Prime served as Platinum Sponsor and Trading Arena sponsor at the first FX Expo Global Guadalajara on February 27–28 2026 and was named Most Transparent Liquidity Provider, completing a LATAM trifecta.
How to choose a Forex and CFD liquidity provider in 2026
An evaluation guide for brokers, prop firms and funds choosing a Forex or CFD liquidity provider in 2026 — six criteria that matter, the exact questions to ask in the first call, and the provider archetypes you will meet.
Best Liquidity Solutions LATAM — Exura Prime at FX Expo Lima 2025
Exura Prime joined FX Expo Global Lima on November 19–20 2025 as Platinum Sponsor and was named Best Liquidity Solutions LATAM, the second LATAM recognition in two months.
Exura Prime named Best Liquidity Provider at FX Expo Medellín 2025
Exura Prime served as Platinum Sponsor and Trading Arena sponsor at the second FX Expo Global Medellín on October 3–4 2025, and was recognised as Best Liquidity Provider of the event.
How Forex and CFD liquidity actually works (without the hand-waving)
A clear, technical-yet-readable explanation of what liquidity is, how a liquidity provider aggregates it, why spreads and depth behave the way they do, and what latency really changes.
Inside Exura Prime: the institutional liquidity services we deliver
A walk-through of Exura Prime's four service lines — institutional liquidity, risk management, technology & APIs, and white label — and who each one is built for.
Want to talk through any of this?
Reach the institutional team directly — typical reply within one business hour.
