Copy link
Increase text size
Decrease text size
Link copied

Fintech TradingScreen, MARKTS partner with SCXM to help institutional investors access crypto market

Image by TradingScreen

Fri, 17 Apr 2020, 01:40 am UTC

Fintech TradingScreen Inc. (TS) and its cloud-based ‘software-as-a-service’ (SAAS) platform MARKTS are partnering with Seed Digital Commodities Market (SCXM), the licensed digital asset exchange for institutional investors.

In a press release detailing the new partnership, they will be working together to bring a fair and stable marketplace for buyers and sellers. They want both to enjoy mutual benefits using MARKTS’ technology and TradingScreen’s expertise.

MARKTS will give the traders simplified access to new digital asset classes and currencies through a centralized network for institutional market participants. It will also work on improving its partnership ecosystem specifically to cryptocurrencies and digital asset exchanges.

The partnership will enable institutional investors to access the crypto market securely, conveniently, and efficiently. The initial integration with SCXM into MARKTS refined front-end technology offers TS clients various benefits from numerous features and capabilities including access to crypto as an asset class, settlement of the asset, and ability to trade crypto via spot markets and derivatives while maintaining the same multi-asset workflow.

“SCXM’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,” said Edward Woodford, SCXM 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, is pleased with the partnership. He admitted that there are obstacles related to cryptocurrency trading from market manipulators to cyber hacks, but TradingScreen knows how to manage it, so he is confident with their partnership.

“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,” Carteau said.

Meanwhile, fintech Revolut has decided to make cryptocurrency available to its seven million customers as a safe haven amid the coronavirus outbreak. It considered crypto as an “alternative to real money during the times of quantitative easing and currency devaluation following the 2008 financial crisis.”

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • Moses
  • 2020.06.26 15:54:45
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .......
  • 0
  • ·
  • 0
More
  • Bitcoin (BTC) $13,848.90 (+2.17%)
  • Ethereum (ETH) $388.20 (+1.10%)
  • XRP (XRP) $0.224600 (+0.84%)
  • Bitcoin Cash (BCH) $263.06 (+0.66%)
  • Chainlink (LINK) $11.22 (-0.43%)
  • Bitcoin (BTC) $13,848.90 (+2.17%)
Feb 21, 2020 (Friday)
12:01
Paxos launches blockchain-based securities settlement solution with Credit Suisse and Instinet
12:00
Brazil to launch new payment system in response to cryptocurrencies
11:59
Digital currency exchange Coinbase Pro lists Kyber Network token
11:57
Norwegian Air to soon start accepting crypto payments
10:21
Swedish central bank begins CBDC pilot with Accenture
09:51
Italian soccer team Juventus launches ethereum-based digital collectibles with Sorare
Feb 20, 2020 (Thursday)
14:16
Telecom companies complete cross-carrier mobile payments using blockchain
11:53
National Stock Exchange of Australia to develop DLT-based digital securities trading platform
11:00
South Korean ICO project discontinued, to return $7.5M to token holders
10:36
Samsung maintains crypto support in soon-to-launch Galaxy S20
09:41
BIS appoints Innovation Hub heads to lead Singapore and Switzerland
09:15
Coinbase becomes first crypto company to receive Visa principal membership
08:59
Dubai Economy and six banks launch KYC Blockchain Consortium
08:26
Crypto Technicals: ETH/USD under downside pressure after 'Bearish Engulfing' pattern
07:12
Tim Draper buys $1M worth of Aragon Tokens to create digital courts for DAOs
06:13
Renewable energy firm Acciona commits to take CBI’s blockchain-based carbon credits trading platform global
05:02
Crypto Technicals: BTC/USD trades below 21-EMA, break below 4H 200 MA (9386) to trigger further downside
04:56
Crypto exchange Coinfloor to launch a simplified bitcoin buying service
04:35
Indonesia’s customs department joins IBM- Maersk blockchain shipping platform “TradeLens”
Feb 19, 2020 (Wednesday)
12:46
Crypto custodian BitGo acquires digital securities startup Harbor
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.
PUBLISHsoft