Ouinex, a crypto trading platform tailored for
active and professional traders, has announced a strategic alliance with
Crossover Markets, an institutional trading venue specializing in spot
cryptocurrencies. The collaboration heralds a milestone within the crypto
sphere, as Ouinex integrates Crossover’s electronic communication network (ECN)
technology, known as CROSSx.
Ilies Larbi, the CEO of Ouinex, expressed enthusiasm
regarding the partnership: “By partnering with Crossover Markets and
harnessing their state-of-the-art technology, we are propelling ourselves
forward in delivering a unique and exceptional trading experience to our
clients.”
CROSSx, heralded as a revolutionary ECN for
digital assets, brings unprecedented speed and customization capabilities to
Ouinex’s trading infrastructure. Leveraging ultra-low-latency, quote-driven
matching technology, and intelligent order routing, CROSSx distinguishes itself
from the prevalent Central Limit Order Book model dominating the current
crypto landscape.
Anthony Mazzarese, Co-Founder and the Chief
Commercial Officer of Crossover, conveyed his sentiments, stating:
“Crossover is privileged that our flagship product, CROSSx, has been
chosen by Ouinex as the liquidity backbone for their highly anticipated
launch.”
“Both Ouinex and Crossover
recognize that active and high net worth traders globally are underserved, with
most exchanges catering solely to retail users, offering rudimentary technology
coupled with high fees. Ouinex’s emergence comes at an opportune time with a product
that aligns perfectly with market needs, and we are thrilled to contribute our
liquidity to this dynamic new platform,” Mazzarese added.
🌐 Exciting News from Ouinex!We’re thrilled to announce our strategic partnership with @crossover_mkts , integrating the innovative CROSSx ECN technology to revolutionize your trading experience.
This collaboration marks a significant milestone in the crypto industry, setting a… pic.twitter.com/En1Waep5wQ
— Ouinex (@ouinex) February 6, 2024
Ouinex Secures VASP Registration from Polish Financial
Authority
Finance Magnates reported
that Ouinex
strengthened its regulatory footing pre-launch with its first Virtual Asset
Service Provider registration from the Polish Financial Supervision
Authority (KNF). The move preceded its imminent ICO and…
