Change log

March 3, 2021

Please contact your account manager for information about feature availability and enabling and testing new features.

Released

1.1 Cloud Prime Trust

1.1.1 Account statements available in Cloud Prime Trust

Cloud Prime Trust users can now download account statements. These statements were previously only found on my.primetrust, which has been deprecated. All historic statements are now available on Cloud Prime Trust.

1.2 Prime Issuance - BETA

1.2.1 Simulate physical card activation in sandbox environment

Prime Issuance integrators can use a sandbox code of “000000” to simulate a successful physical card activation response for the POST/v2/cards/{card-id}/activate-physical endpoint.

1.3 Prime Liquidity

1.3.1 Account id filter for GET quotes endpoint

This feature adds a new account id filter to the GET/v2/quotes endpoint so that integrators can query for quotes created under a specific account.

This addition solves a use case where previously in case of outages whenever there is a trade discrepancy, integrators would have to scan their entire history of trades to find trades that were lost due to discrepancies. Adding the account id filter now allows integrators to recover better by scanning users who are desynced.

1.3.2 Routing configuration

Prime Liquidity integrators can now route trades to their preferred trade desks (or even themselves) by specifying routing configurations.

Routing configurations specify how an RFQ should be routed among available Liquidity Providers. The Routing Configuration specifies “Default” and per asset configurations that override the default if specified. Configuration data include:

  • List of Trade Desks: which Trade Desks/Liquidity Providers are eligible for routing

  • Order/Priority: in which order should we try to get the Quote from the eligible Trade Desks

  • Weight: if two Trade Desks/Liquidity Providers have the same order/priority this will specify the distribution ratio among the Liquidity Providers with the same order.

Routing behavior

If a Trade Desk/Liquidity Provider is listed in the routing configuration (either default or per asset) but it does not support the asset or the trade amount, the routing algorithm skips it. Trade desks specified in an RFQ request override an account policy.

If two or more trade desks have the same order/priority, an arbitrary weight can be assigned to each desk to determine the distribution ratio. For example, if trade desk #1 has a weight of 10 and trade desk #2 has a weight of 990, then approximately 10 out of every 1000 RFQs will go to trade desk #1.

Deprecated

April 30th marks the end of my.primetrust.com and the migration to cloud.primetrust.com.