LGO Markets, a non-custodial, secure and transparent trading platform dedicated to institutions, has partnered with XTRD, a technology company introducing a new infrastructure allowing banks, hedge funds, and large institutional traders to easily access cryptocurrency markets.
XTRD will integrate LGO Markets into its own ecosystem to provide easy access to the exchange’s real-time market data and execution through unified FIX API. As a result, institutional traders will seamlessly get access to new liquidity pool without significant changes in their algorithms. LGO Markets, in turn, will provide white glove support for XTRD clients.
The companies have also agreed to work together on rebuilding an ecosystem that they say will raise execution and clearing services to a new level.
“When we just started our dialogue, I was pleasantly surprised by the fact that the entire solution was being built by traditionally good French engineers,” says XTRD CTO Serg Gulko. “Besides technological stack, LGO Markets is taking seriously the regulations that are good for the company and the industry as a whole. Over time we have discovered that we might have much more to work on in common besides FIX API integration.”
Hugo Renaudin, CEO at LGO Markets, says: “We’re extremely excited to partner with XTRD, a leading infrastructure provider for traders in the cryptocurrency space. We both share the same passion for good products and excellent engineering. As our ambition is to become the reference institutional platform for trading, clearing, and settlement of digital assets, it only makes sense to work with XTRD which will provide institutional grade access to our platform.”
