Crossover selected Tradu partner for streamlined crypto execution, offering tailored liquidity and high-speed trading for digital assets.
Crossover selected Tradu partner for streamlined crypto execution, offering tailored liquidity and high-speed trading for digital assets.
Crossover Markets Group, Inc. has selected Tradu as its primary digital asset execution partner, marking a pivotal development in their collaboration—a Stratos Group International, LLC subsidiary wholly owned by Jefferies Financial Group Inc.
In this partnership, Crossover’s cutting-edge CROSSx electronic communication network (ECN) will seamlessly direct Tradu’s crypto flow, providing a bespoke trading experience characterized by tailored liquidity, high-speed execution, maximum throughput, and tight spreads. Renowned for its dynamic technology platform, CROSSx is designed to cater to the execution needs of spot cryptocurrencies, making it an ideal fit for Tradu’s vision of extending institutional pricing to retail traders.
Brendan Callan, CEO of Tradu, expressed enthusiasm about meeting client demands for streamlined multi-asset experiences, including digital assets. Moreover, He highlighted the significance of CROSSx as the sole crypto execution venue, delivering the speed and throughput required to reduce trading costs. The synergy between Tradu’s distribution capabilities and CROSSx’s technical prowess positions the partnership as a compelling digital asset trading offering in the market.
Brandon Mulvihill, Co-Founder and CEO of Crossover, described Tradu as a bold and disruptive force in online trading for retail clients. Tradu offers a seamless trading experience across multiple asset classes for retail clients while simultaneously sourcing market data, liquidity management, and trade execution from top providers in their respective markets. CROSSx, with its unparalleled speed and performance, matches 99% of orders in under 10 microseconds and processes over 1 billion quotes per day.
Trade, officially launched in November 2023 and headquartered in London with a global presence, has positioned itself as a forward-thinking player. Stratos Group International, Tradu’s parent company, also oversees FXCM, an FX and CFD platform founded in 1999. Lastly, The company affirms its commitment to maintaining FXCM services alongside Tradu’s multi-asset platform, reinforcing its comprehensive approach to serving a diverse range of clients in the evolving landscape of online trading.
Also, Stay Updated with us for more News on Broker News.