Crypto exchange One Trading employs Solidus Labs compliance and security solutions
One Trading, a regulated European crypto-asset exchange and the EU’s first perpetual futures trading venue, has announced a partnership with Solidus Labs, which provides crypto-native compliance and security solutions. Through this collaboration, One Trading said it further strengthens its operations to meet evolving regulatory standards, enhancing protections against market abuse and supporting its readiness for the EU’s Markets in Crypto-Assets Regulation (MiCAR).
One Trading is launching a MiFID II regulated OTF (Organised Trading Facility) for perpetual futures in the EU, licensed by the Dutch Authority for the Financial Markets (AFM). It is the only regulated derivatives venue in the EU accessible to eligible retail clients, offering unmatched conditions to both its institutional and retail users. Leveraging the technology that positioned One Trading as the world’s fastest trading venue in early 2024, the company is now pioneering a new standard as the first in the world to offer real-time (<1-minute tick-level) settlement for all derivatives positions, accessible 24/7 across all markets.
To further support the high standard of service, the integration of Solidus Labs’ cutting-edge surveillance technology will enable One Trading to proactively monitor and mitigate market abuse risks across its platform, ensuring a secure trading environment for its diverse client base.
Sam Azad, Head of Compliance at One Trading said,
“At One Trading, we are dedicated to reshaping how regulated financial instruments are traded in the digital age, with a focus on innovation, transparency, and enhanced protection for both eligible retail and institutional European clients. Integrating Solidus Labs’ technology strengthens our ability to proactively detect and mitigate market abuse, reinforcing our commitment to market integrity, and regulatory excellence.”
Asaf Meir, CEO and Founder of Solidus Labs said,
“One Trading’s unique model is set to redefine the EU trading landscape with a groundbreaking approach to financial instruments. Its unrivaled innovation, technology-driven solutions, and commitment to the highest regulatory standards align seamlessly with Solidus Labs’ mission to foster a safe and regulated digital asset ecosystem. Our cutting-edge surveillance technology precisely detects market abuse in real-time across multiple venues and products. Leveraging this capability, One Trading can proactively manage risk and future-proof its platform to meet and exceed evolving regulatory standards like MiCA, setting a new benchmark for compliant and secure crypto trading in Europe.”
As the MiCA regulation brings new market abuse requirements into effect by December 30, 2024, Solidus Labs is actively supporting major players active in the crypto asset markets across Europe in preparing for MiCAR compliance. Through its MiCA Masters Resource Center, which provides expert resources, guidance, and insights shaped by discussions with leading EU regulators, Solidus Labs helps VASPs and investment firms develop robust compliance frameworks and ensure trade surveillance readiness to meet the upcoming requirements.