CryptoCurrency
OKX and Deltix Boost US Institutional Trading
Major crypto exchange OKX has joined hands with Deltix to expand institutional trading capabilities for clients across the U.S. Per the announcement, the companies in this country will be able to access, for the first time, regulated digital-asset liquidity via the same infrastructure they use for equities and FX.
Deltix is a division of EPAM Systems, which provides digital development, software engineering, and product design services among others.
Moreover, this particular division offers institutional-grade trading and quantitative research platforms to funds, brokers, and trading firms across markets.
According to Ilya Gorelik, CEO of Deltix, the integration provides clients with a unified trading experience across traditional and digital markets.
Also, per the OKX press release, the partnership connects the worlds of traditional and digital asset markets. The former brings “mature infrastructure, sophisticated risk management, and regulatory guardrails,” while the latter boasts “innovation, transparency, and opportunity.”
Moreover, “several” quant funds and algorithmic trading firms already use the integration to extend digital-asset exposure within their quantitative and execution frameworks, the companies note.
One of them is Windy Financial. Its Head of Digital Strategies, Brian Petersen, commented that the partnership provides “a seamless, institutional-grade solution that lets us execute digital strategies […] without venturing into offshore or unregulated markets. It’s a powerful step forward for quantitative and institutional firms seeking high-performance, compliant market access.”
Digital and Traditional Markets on the Same Infrastructure
Institutions increasingly look to participate in digital-asset markets, the partners say. They expect the same level of governance, reliability, and performance as in TradFi.
“This partnership brings digital assets directly into the same infrastructure that professional traders and funds already rely on every day,” says Roshan Robert, OKX US CEO. It gives U.S. institutional clients regulated, onshore access to digital-asset markets.
At the same time, these institutions gain access to the liquidity and execution quality through OKX’s global shared order book.
U.S. institutional clients can now access OKX’s spot markets available via Deltix. They can integrate digital asset trading into existing quant and execution workflows.
Moreover, they can execute against OKX’s global shared order book. This way, they gain liquidity and performance necessary for institutional-grade trading, OKX says. They can test, trade, and deploy quantitative strategies for digital assets alongside their TradFi workflows.
Then, the clients can leverage the exchange’s APIs for execution and market-data connectivity.
Additionally, clients route activity through OKX’s licensed U.S. entity, which provides them with full regulatory compliance.
Finally, they can manage risk, analytics, and reporting within their native infrastructure.
“The partnership fills a critical gap in end-to-end infrastructure for quantitative, fund, and proprietary-trading firms seeking efficient digital-asset execution, research, and analytics,” the announcement concludes.
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