GCEX Partners with oneZero to Provide Liquidity Services

GCEX, a crypto trading technology provider, on Tuesday, announced its partnership with oneZero Financial Systems to offer Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term services to its client base.

Per the agreement between the two, participants of oneZero’s EcoSystem, a distribution channel for multi-asset class liquidity, will now have access to liquidity provided by GCEX for both digital currency and forex.

The ecosystem, consisting of oneZero’s Liquidity Hub and Data Source, encompasses over 200 makers and takers, including banks, brokerages, and hedge funds.

Commenting on the partnership, Lars Holst, founder and CEO of GCEX, said: “We are very pleased to have oneZero as a GCEX liquidity distribution partner. Given their excellent relationship within the institutional segment and reputation for stable connectivity, the partnership allows all global EcoSystem members to access GCEX’s unique liquidity solution.”

“GCEX’s partnership with oneZero demonstrates our ongoing efforts to provide access to a technology solution which addresses the need for regulated and compliant exposure to crypto assets for all market participants.”

Tapping a demanding area in crypto

Regulated by the Financial Conduct Authority (FCA), GCEX launched its services last October. Based in London, the firm was set up by Holst in response to financial institutions’ growing demands for access to the nascent digital assets market.

Targeting only professional clients and institutions, the firm is offering digital asset trading technologies as well, along with its onboarding tools, liquidity, and clearing solutions.

In an interview with Finance Magnates last year, Holst, who founded prime broker CFH Clearing in 2008, described his new digital asset venture as “crypto-in-a-box.”

“We are excited to have GCEX connected with oneZero's EcoSystem of top-tier Liquidity Providers Liquidity Providers A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi A liquidity provider (LP) constitutes either individual and/or institution that functions as a market maker in a given asset class. Broadly speaking, liquidity providers will act as the both the buyer and seller of a particular asset, thus making a market. In the equities space, many stock exchanges rely on liquidity providers who make the commitment to provide liquidity in a given equity. These liquidity providers commit to providing liquidity in the hopes that they will be able to make a profi Read this Term. Our clients will benefit from this partnership by accessing crypto assets and FX from a major provider,” Andrew Ralich, CEO at oneZero, added.