MARKTS Teams With XTRD To Increase Access Tto Cryptocurrencies For End-Users

News | July 30, 2020 By:

Cryptocurrency order and execution management system (OEMS) MARKTS has teamed with orders routing and connectivity provider XTRD in order to increase access to digital assets for investors.

MARKTS, a subsidiary of TradingScreen cryptocurrency OEMS, is a cloud-based ‘software-as-a-service’ platform that offers users the ability to employ institutional-grade tools to facilitate order routing of digital assets in one integrated and compliant solution.

XTRD is introducing a new infrastructure to allow banks, hedge funds, and large institutional traders easy, reliable access to any cryptocurrency market they choose. By building a low-latency infrastructure with a unified FIX API across multiple liquidity points, XTRD is taking an industry-standard technology used within global financial markets – namely FIX – for over 25 years and introducing it to the cryptocurrency market.

The goal of the partnership is to enable seamless connectivity to a further 20+ exchanges and expand the already extensive list of venues enabled on the MARKTS platform. The two companies will ensure reliable connectivity for institutional investors to digital assets by providing clients with alternative routes to liquidity and facilitating efficient trading of various top tier coins and tokens.

“We are happy to announce our partnership with MARKTS today to remove the barriers hindering reliable connectivity and access to digital assets for the institutional sector. Through this partnership we will provide institutional-grade solutions for traders of all kinds,” said Serg Gulko, Co-Founder and CTO at XTRD.

According to MARKTS, the XTRD partnership will address the long-standing issue of reliable connectivity to digital assets for the institutional sector and facilitate multi-venue access.

“In a market where liquidity is fractionated and reliable connectivity is essential, accessing multi-venues is paramount,” said Alexandre Carteau, Head of MARKTS. “Alongside our current set of TS connections, XTRD services will provide our clients with choice and key alternative routes to access liquidity. We are excited to partner with XTRD which complements our set of institutional-grade connections to various crypto venues.”