The new link will allow FlexTrade clients to access a large pool of liquidity for digital assets.
FlexTrade Systems, a maker of multi-asset execution and order management systems, is now able to offer a direct integration with Coinbase Prime, an institutional prime broker platform for digital and crypto assets, officials say.
Coinbase Prime offers its institutional prime brokerage for crypto assets whose integrated platform supports the entire transaction lifecycle, officials say. Coinbase Prime offers multi-venue agency trade execution for 200 assets, custody for more than 300 assets, prime financing, staking and staking infrastructure, data and analytics, and reporting.
The new link to Coinbase Prime will allow FlexTrade clients to “directly access one of the largest pools of liquidity for digital assets via FlexTRADER EMS and FlexONE OEMS,” officials say. The integration offers “connectivity, consolidated depth of book, and order placement” via FlexTRADER and FlexONE.
Through FlexTrade’s multi-asset E/OMS, clients can access institutional grade trading, compliance, and analytics for “the full order lifecycle of digital assets and cryptocurrencies,” officials say. “This integration is a continued step in the development of FlexTrade’s digital asset offering.”
“At Coinbase, we empower clients to execute complex digital asset trading strategies by offering access to some of the most liquid trading venues globally,” says Brian Foster, global head of wholesale at Coinbase, in a prepared statement.
“This integration brings deep liquidity to FlexTrade’s digital asset clients including access to Coinbase’s execution algorithms,” says Uday Chebrolu, senior vice president of FX and digital assets at FlexTrade.
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