Crypto Exchange BitMEX Owner, Trading Technologies Partner To Provide Direct Market Access

News | April 18, 2019 By:

Professional trading infrastructure firm Trading Technologies (TT) has partnered with HDR Global Trading, the owner of crypto trading platform BitMEX, to offer its trading tools to crypto derivatives traders.

TT creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers. The firm also offers domain-specific technology for crypto trading and machine-learning tools for real-time trade surveillance.

Founded in 2014, HDR Global Trading, owns and operates BitMEX, a bitcoin mercantile exchange-based cryptocurrency derivatives trading platform that allows investors to access global financial markets. The company also offers a sandbox testing exchange for new users to practice placing, executing, and cancelling orders of various order types and sizes.

The partnership will allow TT to offer its market tools to BitMEX traders through its TT platform. TT users who are eligible to trade at BitMEX will now have access to all BitMEX products, including its flagship XBTUSD Perpetual Swap, through the TT platform.

“Like Trading Technologies, BitMEX is committed to providing innovative financial products and a seamless experience for sophisticated traders,” said Arthur Hayes, CEO of BitMEX. “By combining our robust technologies, this partnership will not only extend BitMEX’s unique services to Trading Technologies’ discerning clients, but advance our mutual vision to unlock access to cutting-edge cryptocurrency products.”

“This collaboration with BitMEX brings our award-winning trading software to a much broader cryptocurrency market,” said Rick Lane, Chairman and CEO of Trading Technologies. “We expect this partnership will grow trading volume on BitMEX, not only through our existing clients who want access to cryptocurrencies, but also through new users keen to leverage professional trading software and enjoy better trading experiences.”