Liquid Mercury to provide Crossover Markets with crypto trading platform front end
Crypto trading technology provider Crossover Markets has announced that it will be providing a graphical user interface (GUI) to Crossover Markets’ institutional clients to perform trades on their execution-only crypto ECN CROSSx. The customized platform will provide CROSSx clients with access to robust institutional order management capabilities and trading tools required by professional traders, complementing Crossover’s existing API-based trading workflows.
Thanks to the unique combination of CROSSx’s modern architecture and Liquid Mercury’s battle-tested trading technology, professional crypto traders will be able to execute trades at unrivaled speeds compared to other crypto exchanges, while enhancing enterprise risk management through the decoupling of trade execution from custody and brokerage.
Liquid Mercury CEO Tony Saliba said:
“We are thrilled to form this relationship with Crossover Markets and to serve as the client-facing gateway to this exciting new institutional crypto venue. The combination of deep traditional markets experience from both teams and shared vision of an improved marketplace through segregation of duties across trade execution, custody, and brokerage compelled Liquid Mercury to quickly deliver a solution that Crossover Markets can proudly offer to their clients.”
Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover added:
“Differentiating our offering through category-leading technology is a cornerstone of Crossover’s strategy. Having built our proprietary matching engine entirely in-house, we wanted a partner who could match our focus and speed in delivering a client front-end. Liquid Mercury’s responsiveness, collaborative approach, and strong technology are a perfect fit for CROSSx venue participants who need to trade via GUI, and we are excited to bring another facet of our ECN to market.”
About Liquid Mercury
Liquid Mercury powers professional crypto trading. Liquid Mercury is the #1 choice for sophisticated buy-side and institutional sell-side legacy trading professionals moving into crypto. Institutional grade infrastructure, access to deep liquidity, and best-in-class trading tools and workflow automation; Liquid Mercury was built by professionals for professionals.
About Crossover Markets
Crossover Markets is a digital asset trading technology firm focused on meeting the unique liquidity requirements of institutions in the cryptocurrency markets. Crossover was started by former FXCM/Jefferies prime brokerage heads Brandon Mulvihill and Anthony Mazzarese, as was exclusively reported here at FNG last year. The company and CROSSx are backed by a number of leading players in the FX and CFDs brokerage trading world including Exness, GMO and Pepperstone. CROSSx, the company’s execution only cryptocurrency Electronic Communication Network (ECN), is powered by the industry’s fastest and most advanced matching engine and includes order logic that enables clients to choose whom they want to trade with.