The following is an interview with Christos Miltiadous, Trading Manager at Match-Prime, conducted and originally published by Finance Feeds.
Finance Feeds: Match-Prime recently announced 24/7 CFD access to Gold, Oil, and major US Indices. Traditional markets have operated on rigid schedules for decades. What was the exact tipping point that made you think: the B2B brokerage space is ready for continuous asset availability?
Christos Miltiadous: The reality of 24/7 global risk has been building for a while, but it really crystallized over the last few quarters. Traditional equity markets operate for roughly 32.5 hours a week, leaving investors completely exposed during long weekend stretches when major geopolitical events or macroeconomic shifts unfold.
We started seeing clear data. When traditional venues like the CME are closed, massive volume surges occur on modern, alternative on-chain derivatives protocols. Take the geopolitical escalation in the Middle East in early March – off-hours trading volumes for crude oil derivatives skyrocketed to billions of dollars globally. Traders were actively pricing risk while traditional desks were stuck waiting for Monday morning’s opening bell.
Our view, as a CySEC-regulated B2B Liquidity Provider, is straightforward: market risk doesn’t take the weekend off, so your liquidity provider shouldn’t either. Brokers were asking us for an institutional-grade, regulated bridge to capture this parallel volume, and that is exactly what we’ve built.
Finance Feeds: One of the biggest concerns brokers have when looking at highly innovative products is the tech integration headache. How has Match-Prime managed to offer 24/7 asset availability without requiring brokers to completely overhaul their current MT4/MT5 or institutional bridge setups?
CM: This is exactly the operational bottleneck we anticipated, and our primary goal from day one was to make that complexity entirely invisible to our clients. If a brokerage firm has to reorganize its core infrastructure, manage fragmented multi-venue APIs, or interface directly with the unique microstructures of alternative crypto derivatives venues and certain systematic market makers, the operational risk and engineering overhead render the project unviable.
We solve this integration problem by handling all the heavy lifting on our side. Our infrastructure continuously manages the non-stop data feeds, real-time risk calculations, and formatting adjustments required to bridge these worlds. Think of it as us managing all the complex background mechanics – shifting funding rates and counterparty risks with systematic market makers – and delivering the entire flow as a clean, institutional-grade stream.
Through our strategic partnership with Match-Trade Technologies, we deliver this aggregated, highly resilient liquidity stream directly into the broker’s existing ecosystem via standard institutional FIX APIs or our in-house MT4/MT5 bridges. The broker doesn’t need to alter their core clearing mechanisms, establish digital asset custody solutions, or develop custom middleware. To their risk desk and their retail clients, these products look, feel, and trade exactly like a traditional CFD contract – just without the weekend gaps or market closures.
Finance Feeds: Stepping back to the commercial picture – how does adding 24/7 TradFi contracts fundamentally change a broker’s unit economics and competitive positioning in today’s tight market?
CM: It shifts the whole equation around their Customer Lifetime Value (LTV) and client retention metrics. Right now, retail brokers face high client acquisition costs (CAC) and fierce competition. When a major market-moving event happens on a Saturday, a retail trader wants to trade it immediately. If their traditional CFD broker is closed, that trader opens an account on a crypto-native platform or a decentralized perpetual venue. Once that capital leaves the traditional brokerage ecosystem, it rarely comes back.
By unlocking 24/7 access to gold, crude oil, and indices like the S&P 500, brokers can transform the weekend from an operational dead zone into a high-revenue period. And because these are perpetual derivative structures, there are no clunky monthly rollovers or complex physical delivery mechanics. It’s an exceptionally clean, capital-efficient vehicle for retail traders, allowing brokers to offer higher leverage safely within predefined Net Open Position (NOP) limits.
Finance Feeds: Trading traditional macro assets over the weekend, when primary underlying exchanges are closed, raises natural questions about liquidity depth. Alternative crypto derivatives venues and systematic market makers are growing fast, but their volumes don’t yet match the deep pools of traditional legacy exchanges. How does Match-Prime approach pricing stability and risk mitigation for brokers during those off-market hours?
CM: I think it’s important to be realistic about market microstructure here. We openly acknowledge that weekend or off-hours liquidity pools on alternative networks are still in their scaling phase and don’t match the deep, established volumes seen during peak sessions on traditional exchanges. But what they do offer is a highly active, organic parallel flow that responds in real time to global events, while traditional desks are completely dark.
To address those inherent differences in liquidity depth, we don’t rely on a single data feed or synthetic price models. Instead, our infrastructure aggregates pricing from multiple digital derivatives venues and systematic market makers to construct a more robust, diversified pricing composite.
Our risk management framework is designed to help insulate brokers from typical off-market vulnerabilities – not to offer absolute guarantees. We employ a series of calibrated safeguards that adapt to changing market conditions.
With dynamic spread settings, during thinner weekend intervals, our liquidity engine automatically adjusts and widens spread parameters to reflect true underlying liquidity conditions, helping absorb sudden volatility. We also implement automated price bands and rate-limiting protocols to buffer the order book against erratic data points or artificial price spikes. Finally, we work closely with our institutional clients to align their weekend trading availability with appropriate Net Open Position (NOP) limits and margin adjustments.
At the end of the day, our goal isn’t to claim we’ve completely neutralized market risk – no one can. What we’re providing is a sophisticated, compliance-focused infrastructure that aims to minimize exposure to toxic arbitrage and pricing anomalies, allowing brokers to offer extended hours responsibly.
Finance Feeds: There’s clearly a broader trend here – centralized and decentralized markets are converging, and even giants like Binance are pushing heavily into regulated TradFi perps out of hubs like Abu Dhabi. Where does Match-Prime sit in this regulatory evolution, and what does your CySEC framework bring to the table?
CM: The convergence is accelerating rapidly, but the institutional market can’t afford to compromise on compliance. Alternative crypto platforms are building impressive liquidity, but they frequently leave brokers exposed to significant counterparty, legal, and regulatory risks.
Match-Prime operates strictly under CySEC license 390/20. Every single transaction, clearing mechanism, and collateral requirement fully complies with the European MiFID II frameworks. When a broker clears their 24/7 TradFi volume through us, they’re dealing with a heavily capitalized, audited Cyprus Investment Firm – not an offshore entity or a fully permissionless smart contract.
What we’re really offering is the best of both worlds: the structural efficiency, 24/7 availability, and deep liquidity of next-generation on-chain financial markets – delivered with the rigorous downside protection, regulatory safety, and legal protection that institutional boards require.
