Broctagon NEXUS, a liquidity provider, specializing in crypto aggregation, and a subsidiary of Broctagon Group, has partnered with institutional FX and crypto-trading technology solutions provider TradAir. The arrangement will focus on the delivering FX-style, deep multilateral ECN liquidity for cryptocurrencies and open up new trading platforms for NEXUS users.
TradAir, which specializes in connecting and powering the FX and crypto markets, is linked to a wide network of liquidity sources such as crypto OTC desks, crypto exchanges, market makers, and custodians.
Broctagon will benefit from TradAir’s end-to-end platform integrations for brokerages and financial institutions, which provides users with access to crypto OTC, crypto derivatives and FX liquidity with the firm’s white label HTML5 cryptocurrency native trading platform.
TradAir’s white label broker solution for trading FX and cryptocurrencies was recently upgraded with TradAir’s Smart Order Routing (SoR) infrastructure which improves liquidity aggregation execution, boosting overall performance and fill-ratios by 20%.
Kerry Gan, Chief Executive Officer of Broctagon, commented:
“In our continual strive to create a more conducive trading environment, we are pleased to partner with TradAir to provide its innovative and highly-intuitive trading platform technologies to our users.”
Ayal Jedeikin, Chief Executive Officer of TradAir, said:
“The added crypto derivatives liquidity provided by NEXUS is a valuable addition to the TradAir liquidity network. Our broker clients will be able to benefit from the NEXUS unique liquidity streams and increase their yield on all their client trading activity.”
The partnership with TradAir is proof that Broctagon NEXUS is heavily invested in the cryptocurrency offering for its customers, including crypto OTC and crypto derivatives on a single platform.
The Broctagon Network of Exchanges for Universal Settlement (NEXUS) is a liquidity aggregator built to unite the world’s crypto liquidity and seamlessly distribute it to a global network of prime exchanges, brokers, and financial institutions alike.
Broctagon NEXUS is part of the Broctagon Fintech Group conglomerate which spans comprehensive corporate consulting services and technological solutions. Subsidiary Broctagon Prime has recently made the news for launching MetaTrader 5 trading for spot FX and commodities.
The Cyprus-based multi-asset broker licensed and authorized by CySEC now provides access to expanded charting capabilities and timeframes, built-in order routing for low-latency order execution speeds, and multi-window mode for simultaneous symbol monitoring.
Broctagon Solutions, another subsidiary of Broctagon Group, has set up solutions for businesses, including initial coin offerings, exchange security, listing services, crypto exchange setup, and smart contract development.