TradingScreen’s MARKTS has secured a partnership with Seed Digital Commodities Market (SCXM), a licensed digital asset exchange for institutional investors.
The partnership will bring institutional investors the opportunity to securely and efficiently access the crypto market.
The initial integration with SCXM into MARKTS’ front-end technology will offer TS clients 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're targeting an institutional client base. That lets us do things that some markets can't do – or at least can't do easily." Our co-founder Brian Liston on the @DisruptorDaily podcast: https://t.co/wO3Z4sfZJC
— Seed (@SeedCX) November 25, 2019
“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.”
Alex Carteau, Head of MARKTS, was also quick to reveal his delight at the partnership, stating that TradingScreen has “confronted various types of challenges for more than two decades.”
Carteau added: “We here at MARKTS are confident in our approach in developing new solutions for all asset classes.”
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.