OKX and CoinRoutes Join Forces

The cryptocurrency exchange and Web 3 technology company
OKX has partnered with CoinRoutes, a provider of algorithmic trading strategies
and execution management, to enhance crypto trading services for institutional
clients.

Through the partnership,
institutional users with OKX accounts are granted access to an array of
API-enabled trading services, according to a statement shared by the
companies today (Thursday). One of the noteworthy features reportedly introduced by this
collaboration is the inclusion of various order types, encompassing automated
spread trading and multi-asset trading within a single order.

OKX’s Global Chief
Commercial Officer, Lennix Lai, said: “Our expanded integration with
CoinRoutes, one of the largest crypto order execution management systems (OEMS)
in the world, gives OKX institutional users a very powerful partner through
which they can optimize trading strategies.”

By integrating
CoinRoutes’ algorithms into OKX, the companies aim to enhance the trading
experience for institutional clients. CoinRoutes reportedly aims to enhance
clients’ trading strategies with optimal execution
Execution

Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co

Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co
Read this Term by leveraging OKX’s
liquidity. This coincides with the ongoing evolution of the institutional crypto trading landscape.