Modus.Trade, which operates an investor network, online learning platform, and suite of algorithmic trading strategies, has selected FinTech company Gold-i to manage its entire technology infrastructure.
This alliance supports Modus.Trade’s MT5 trading platform while providing access to crypto market makers and clearing using the Gold-i Crypto Switch™ 2.0 – part of Gold-i’s Matrix product suite. The product operates as an advanced platform that allows brokers, crypto exchanges, liquidity providers and market makers to maximize a range of opportunities.
Integrated with multiple crypto venues, Crypto Switch™ 2.0 enables tight spreads, deep liquidity and low latency. The product is also integrated with central settlement and clearing partners, providing fiat and digital asset settlement, regulatory compliance and institutional custody.
Nathan Sage, Founder & CEO, Modus.Trade explains, “The support we received from Gold-i from the outset has been exceptional and they were able to get us up and running very quickly. The team’s understanding of the crypto market and their network of market makers that we’ve been able to leverage has been above and beyond what we were expecting from a technology partner. With Gold-i’s technology and support, we are now able to scale our business.”
Commenting on the news, Gold-i CEO, Tom Higgins said: “Until now, this product has been used by FX brokers wishing to offer cryptocurrencies as an additional asset class. Our partnership with Modus.Trade, which focuses exclusively on crypto trading within the fund management sector, takes our offering to a whole new market segment. We see a huge opportunity in this sector, with Gold-i becoming the technology provider of choice for organisations launching crypto funds, connecting them to market makers and clearing houses, and managing their entire technology infrastructure.”
Gold-i, a trading systems integration specialist for the financial services industry, has recently undergone more updates and integrations that are designed to make its CryptoSwitch 2.0™ solution more dynamic for cryptocurrency providers.
In this sense, Tom Higgins revealed that they created a dedicated website, https://crypto-switch.io/ for funds, investment banks and prime brokers to find out more about their digital asset technology for institutional investors.
Earlier in 2021, the company announced a partnership agreement to integrate CryptoCortex product suite, which provides a dedicated platform to facilitate cryptocurrency trading for institutional investors.