Crypto Liquidity Service Announced By Forex Broker Swiss Markets

Announcements, News | June 15, 2018 By:

Forex broker Swiss Markets has announced a new cryptocurrency liquidity business-to-business (B2B) service aimed at third-party brokers.

Swiss Markets is a trading name for BDS Markets Ltd, which is authorized and regulated by the Mauritius Financial Services Commission. Swiss Markets was established in 2016 with the aim to create a competitive environment within which its clients could facilitate secure, transparent and reliable straight-through processing (STP) trading. The company’s platform gives traders the ability to trade in fiat currencies, metals, energies, commodities and indices.

Called Swiss Markets Prime, the new crypto liquidity service will enable brokers to offer full-fledged cryptocurrency trading to their clients. The new service will allow brokers to tap into the potential of a multi-trillion-dollar market and expand their contract for difference (CFD) offering with deep liquidity on major cryptocurrencies, such as bitcoin, ripple, NEO, Dashcoin, OmiseGO, Zcash, EOS, Iota, Monero, Bitcoin Cash, ethereum and Litecoin.

“Brokers opting for Swiss Markets Prime crypto liquidity service will simply need to choose between a fully branded MT5 solution or integrate their existing platform with Swiss Markets Prime’s liquidity pool to establish a FIX Bridge Connection that will allow for full integration, STP connectivity and instantaneous order execution,” the company said. “Swiss Markets Prime will also provide long term maintenance and support to their clients, to ensure a first-rate crypto liquidity offering.”

The new service also features an STP model that allows brokers to connect to a liquidity provider and forward all client orders to a third party without having to worry about suffering any losses in times of major volatility.

“Swiss Markets Prime provides brokers with the best possible rates, real market depth and executable quantities,” the company said. “All transactions are processed using instant STP with the lowest possible slippage and an available high leverage of 2:1.”