TradingScreen has integrated its leading OEMS solution, TradeSmart,
with Mainbloq’s cryptocurrency trading technology, allowing its users
benefit from access to global cryptocurrency liquidity and best
execution via Mainbloq Smart order Routing (SOR) and a suite of
algorithms including TWAP, VWAP, Iceberg, PEG, Basket, Percent of
Volume and Implementation Shortfall.
Increasing demand among the buy-side to trade multi-asset classes via
one centralized platform has driven the partnership. “Partnering with
TradingScreen was one of our easier decisions. From regulation to
volatility, obstacles faced by institutional investors taking part in
crypto markets are shrinking. We believe in the future of digital
assets and TradingScreen’s commitment to the future has us all truly
excited”, said Ryan Kuiken, CEO of Mainbloq.
Alexandre Carteau, Head of Crypto at TradingScreen, commented: “At TS,
we’re continuously striving to develop our offering to add value to
our clients. And combining TS’s cutting-edge technology with
Mainbloq’s cryptocurrency trading tools enables us to do exactly that.
The listed crypto market is very fractioned and it is challenging for
clients to achieve best execution on the various venues available.
Having a powerful SOR coupled with algos is paramount to achieving
“Partnering with a market-leader in the digital currency space
ultimately means that TradeSmart users can continue to trade
multi-asset classes, including crypto, all under one roof – the power
of which cannot be understated”, he added.
In 2018, TradingScreen upgraded its partnership with Imagine Software
– which offers a real-time portfolio, risk, and compliance management
solutions – to set up a checks and balances feature built into
clients’ execution workflow. The tool issues an alert when a rule or
limit is breached during the pre-trade compliance process.
In March 2019, TradingScreen launched its OEMS in Montreal. Going by
the name QUO, the platform is designed for wealth and investment
managers to add value to clients with a lighter touch OEMS that is
easy to deploy and will simplify investment management processes. QUO
is headed by Will Lawton, former executive at HSBC, Standard Chartered
and RBS, who is based in Singapore and will focus on strengthening and
extending TS’s QUO offering globally.