Gemini

Gemini Joins Itiviti’s NYFIX Order Routing Network

Gemini Gemini - Routing NetworkTrust Company is now enabling cryptocurrency holders to trade with their counterparties via NYFIX, Itiviti’s world-class FIX-based order routing network. Gemini joins over 60 worldwide Itiviti partners who utilize the NYFIX platform to offer integrated trading solutions and the cryptocurrency exchange and custodian is not the only firm within the crypto sphere that leverages the expansive NYFIX order routing network.

Drew Candres, Head of Technical Exchange Services at Gemini, commented: “We are excited to extend access to our platform to the NYFIX community which consists of an extensive network of asset management firms globally. We are focused on creating technology and services that help financial firms interact with crypto in ways similar to traditional asset class exchanges. Integrating with NYFIX helps our mutual customers seamlessly access the Gemini platform in a safe and familiar way.”

Jason Landauer, Head of Network Sales at Itiviti, said: “Having Gemini connected is an exciting step for Itiviti. As the cryptocurrency space continues to grow, we look forward to providing connectivity for exchanges like Gemini and their counterparties.”

NYFIX is a broker independent, vendor agnostic FIX community that connects buy-side, sell-side and trading venues in the industry’s most stable and flexible order routing network – delivered as a managed service. Itiviti’s client base includes over 800 institutional firms.

Also part of Itiviti’s FIX community is Seed CX, an institutional exchange and settlement platform for digital assets. Global Alliance Program (GAP) is the umbrella under which Itiviti manages all partner relationships globally, enabling clients to leverage a highly integrated network of technology providers. Seed CX joined the program in late 2019 to provide NYFIX customers with advanced analytics, monitoring, and post-trade processing tools in the digital asset space.

Gemini has been very active in expanding its crypto business worldwide. The firm’s European division has most recently joined the Innovate Finance community whose mission is to accelerate the UK’s leading role in the financial services sector by directly supporting the next generation of technology-led innovators. Gemini is currently in the process of applying to be regulated by financial regulators in Europe.

The European division of Gemini has recently hired Blair Halliday as Chief Compliance Officer and Money Laundering Reporting Officer. Halliday joined the UK and European affiliate of Gemini Trust Company from cryptocurrency platform Circle, where he was Chief Compliance Officer for the EMEA region. In this role, he led the remediation and renewal of the company’s global anti-money laundering (AML) program.