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, SCXMCEO.
“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.
MARKTS, a TradingScreen company, is a cloud-based ‘software-as-a-service’ platform that offers users the ability to employ institutional-grade tools for trading bitcoin and other cryptocurrencies in one integrated and compliant solution.
Operating in the cloud for nearly two decades, TS is a leading expert on SaaS trading technology. TradeSmart OEMS offers workflow efficiency, and seamless integration with the buy-side and connecting with markets globally and providing traders the access and information they need to optimize their trading performance. For more information visit www.tradingscreen.com
Seed Digital Commodities Market offers a spot market for institutional trading and settlement of digital assets.