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LGO Markets, XTRD unite to onboard institutional traders

Tony Zerucha

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Institutional trading platform LGO Markets and XTRD are partnering in a deal which sees LGO Markets integrated into the XTRD ecosystem.

XTRD will integrate LGO Markets into its own ecosystem to provide access to the exchange’s real-time market data and execution through unified FIX API. 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.

Hugo Renaudin

The companies also agreed to work together on rebuilding the ecosystem to improve execution and clearing services. LGO Markets started with uncompromising respect to regulations from day one what makes it the perfect partner according to XTRD.

“When we just started our dialog, I was pleasantly surprised by the fact, that the entire solution was being built by traditionally good French engineers. Besides technological stack, LGO Markets is taking seriously on regulations what is good for company and industry as a whole,” said XTRD CTO Serg Gulko. “Over the time we discovered that we might have much more to work in common besides FIX API integration.”

“We’re extremely excited to partner with XTRD, a leading infrastructure provider for traders in the cryptocurrency space,” LGO Markets CEO Hugo Renaudin said. “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.”

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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