TradingScreen (TS) has announced a partnership and product integration between its order and execution management system (OEMS) Markts and digital asset exchange Seed Digital Commodities Market.
The agreement will provide traders with access to new digital asset classes and currencies through a centralised network for institutional market participants. Additionally, TS says Markts will look to further build out its partnership ecosystem, specific to cryptocurrencies and digital asset exchanges.
“[Seed’s] goal is to bring buyers and sellers together in a fair and stable marketplace with low cost, low slippage, reasonable margin and deep liquidity,” says Edward Woodford, CEO. “We are especially excited about partnering with Markts because of their proven technology and ability to integrate within a large network effectively. We see mutual benefits from connecting with its hedge fund, asset management and private banking clients who will offer additional participants and added liquidity across our marketplace.”
Alex Carteau, head of Markts, adds, “There is no denying that obstacles related to cryptocurrency trading exist – from a host of market manipulators to cyber hacks – but TradingScreen has confronted various types of challenges as it relates to other asset-classes for more than two decades. We here at Markts are confident in our approach in developing new solutions for all asset classes.”