TradAir Integrates with Zero Hash for Digital Asset Settlement

TradAir customers will now be able to leverage the over-the-counter (OTC) trade settlement services for digital assets recently launched by Seed CX’s subsidiary, Zero Hash.

The Zero Hash settlement service allows firms to settle both digital asset and fiat trades, widen the number of counterparties with whom they can trade and streamline reconciliation, reporting and asset movements. TradAir offers trading solutions to customers to access, create, distribute and hedge unique liquidity streams via GUI and API interfaces.

“We know how important efficient trade processing is for our clients, which is why we’re so excited to work together with Zero Hash to provide the best possible trading experience for their customers,” says Ayal Jedeikin, founder and CEO of TradAir. “The integration with Zero Hash provides clients a complete electronic solution, from price discovery to post-trade processing of digital assets that institutional investors require.”

“We’ve worked in tandem to build a unique partnership between TradAir and Seed CX – integrating our technologies to bring one seamless experience for shared customers,” says Brian Liston, Seed CX co-founder and president of Zero Hash. “The result enables traders to create a single-dealer platform using TradAir’s technology, and easily settle trades executed on the platform using Zero Hash’s post-trade infrastructure – leveraging all of the benefits of our settlement-as-a-service offering.”

Zero Hash currently supports spot settlement of fiat and digital assets and plans to launch support for derivative contracts in the coming months.

Galen Stops

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