Crossover Markets Group, Inc. will now work as the primary digital asset execution partner for Tradu, a cutting-edge multi-asset platform and a subsidiary of Stratos Group International, LLC, wholly owned by Jefferies Financial Group Inc.
Moreover, Tradu’s crypto flow will now be through Crossover’s CROSSx electronic communication network (ECN), providing a sophisticated infrastructure for tailored liquidity, high-speed execution, maximum throughput, and tight spreads. This strategic partnership aligns with Tradu’s commitment to extending institutional pricing benefits to retail traders.
Crossover Chosen by Tradu as Key Digital Asset Partner
Brendan Callan, CEO of Tradu, expressed excitement about meeting client demands for streamlined multi-asset experiences, including digital assets. “Assembling the right technology platform for our customers was a key objective, and CROSSx is the only crypto execution venue today that delivers the speed and throughput required to help us bring down trading costs,” said Callan. He believes that the distribution capabilities of Tradu, coupled with CROSSx’s technical skills, form one of the most compelling digital asset trading offerings in the market.
Brandon Mulvihill, Co-Founder and CEO of Crossover, lauded Tradu as a bold and disruptive offering that resets the future of online trading for retail clients. He emphasized CROSSx’s capability to match 99% of orders in under 10 microseconds and process over 1 billion quotes per day. Mulvihill expressed honor in Tradu, selecting CROSSx as the preeminent institutional crypto trading venue, and looked forward to delivering their value proposition to all Tradu clientele.
Tradu, officially launched in November 2023, is headquartered in London and has a global presence through its various offices. Stratos Group International, Tradu’s parent company, also operates FXCM, an FX and CFD platform established in 1999. Stratos has affirmed its commitment to continue offering FXCM services alongside Tradu’s multi-asset platform.
This collaboration between Tradu and Crossover also marks a significant stride in advancing the landscape of digital asset trading, combining innovation, speed, and efficiency to provide a compelling experience for retail traders globally.
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