04.15.2020

TradingScreen Partners With Crypto Exchange SeedCXM

04.15.2020

TradingScreen and MARKTS, the all-asset class order and execution management system (OEMS), today announced a partnership and product integration with Seed Digital Commodities Market (SCXM), the licensed digital asset exchange for institutional investors.

MARKTS will bring traders simplified access to new digital asset classes and currencies through a centralized network for institutional market participants. Additionally, MARKTS will look to further build out its partnership ecosystem, specific to cryptocurrencies and digital asset exchanges.

The partnership will bring institutional investors the opportunity to securely, seamlessly and efficiently access the crypto market. The initial integration with SCXM into MARKTS’ sophisticated front-end technology will offer TS clients benefits from numerous features and capabilities. These include specific access to crypto as an asset class, settlement of the asset, as well as the ability to trade crypto via spot markets and derivatives with the same multi-asset workflow.

“SCXM’s goal is to bring buyers and sellers together in a fair and stable marketplace with low cost, low slippage, reasonable margin and deep liquidity,” said Edward Woodford, SCXM CEO.

“We are especially excited about partnering with MARKTS because of their proven technology and ability to integrate within a large network effectively. We see mutual benefits from connecting with its hedge fund, asset management and private banking clients who will offer additional participants and added liquidity across our marketplace.”

“There is no denying that obstacles related to cryptocurrency trading exist – from a host of market manipulators to cyber hacks – but TradingScreen has confronted various types of challenges as it relates to other asset-classes for more than two decades. We here at MARKTS are confident in our approach in developing new solutions for all asset classes,” said Alex Carteau, Head of MARKTS.

Source: TradingScreen

Related articles

  1. This is the first time a crypto trading business backed by an international bank has been listed by the FCA.

  2. Regulators should take steps that unleash the power of private markets while protecting investors.

  3. Fidelity continues to hire thousands to support cryptocurrency.

  4. Deutsche Borse-LSE Merger in Focus
    From The Markets

    SETL Acquired by Colendi

    The SETL/Colendi enterprise is preparing a new public blockchain infrastructure.

  5. Volatility Back 'With a Vengeance'

    In May CME Ether futures had the highest volumes since launch.