EDX Markets has commenced trading operations, and completed a fresh investment round.
Later this year, the platform plans to launch a clearinghouse to boost its market efficiency.
EDX
Markets, a new digital asset marketplace, has announced the successful
initiation of its trading operations, which is backed by a consortium of major financial
institutions. Among the mentioned companies are several Wall Street giants,
including Charles Schwab, Fidelity Investments, and Citadel Securities.
Additionally, the company
has completed a new funding round that brought additional strategic
investors on board. In a future plan to optimize the market, the platform aims
to introduce a new clearinghouse, EDX Clearing, later this year.
EDX Markets Starts
Operations Supported by Wall Street's Giants
The EDX
Markets platform began trading recently and claims it stands out from the
competition thanks to its liquidity, competitive quotes, and unique
non-custodial model. EDX Markets aims to lessen potential conflicts of
interest. EDX also brought a retail-only quote to the crypto markets, which
resulted in improved pricing for retail-originated orders.
The
platform supports the trading of the most popular digital assets, such as
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
"EDX's
ability to attract new investors and partners in the face of sector headwinds
demonstrates the strength of our platform and the demand for a safe and
compliant cryptocurrency market," Jamil Nazarali, the CEO of EDX,
commented.
"We
are committed to bringing the best of traditional finance to cryptocurrency
markets, with an infrastructure built by market experts to embed key
institutional best practices."
In line
with its launch, the platform closed a new funding round. This round introduced
new strategic investors like DV Crypto, GTS and Miami International Holdings.
These firms joined the original coalition of investors, including Wall Street
giants mentioned before, like Charles Schwab, Citadel Securities, Fidelity
Digital, Sequoia Capital and Virtu Financial.
The funds
acquired will aid in the platform's continued development and reinforcement of
its market leadership.
EDX Markets to Launch EDX
Clearing
A new
development is on the horizon for EDX Markets: the launch of EDX Clearing. This
clearinghouse will settle trades matched on EDX Markets, acting as a central
counterparty.
"Looking
ahead, EDX Clearing will be a major differentiator for EDX – and resolve an
unmet need in the market – by enhancing competition and creating unparalleled
operational efficiency through a single settlement process," Nazarali
added.
The
investment firm BlackRock has decided to venture into cryptocurrencies. Last
week, it proposed establishing its first Bitcoin ETF in the United States. This
new instrument will provide investors with secure and regulated access to the
BTC market if approved.
These moves
come at a time when there is increasing pressure from regulators on digital
asset companies in the United States. The Securities and Exchange Commission
(SEC) has filed lawsuits against the two largest exchanges in the country,
Coinbase and Binance. This has made the crypto landscape more challenging but
also illustrates the growing importance of digital assets in the financial
ecosystem.
EDX
Markets, a new digital asset marketplace, has announced the successful
initiation of its trading operations, which is backed by a consortium of major financial
institutions. Among the mentioned companies are several Wall Street giants,
including Charles Schwab, Fidelity Investments, and Citadel Securities.
Additionally, the company
has completed a new funding round that brought additional strategic
investors on board. In a future plan to optimize the market, the platform aims
to introduce a new clearinghouse, EDX Clearing, later this year.
EDX Markets Starts
Operations Supported by Wall Street's Giants
The EDX
Markets platform began trading recently and claims it stands out from the
competition thanks to its liquidity, competitive quotes, and unique
non-custodial model. EDX Markets aims to lessen potential conflicts of
interest. EDX also brought a retail-only quote to the crypto markets, which
resulted in improved pricing for retail-originated orders.
The
platform supports the trading of the most popular digital assets, such as
Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH) and Litecoin (LTC).
"EDX's
ability to attract new investors and partners in the face of sector headwinds
demonstrates the strength of our platform and the demand for a safe and
compliant cryptocurrency market," Jamil Nazarali, the CEO of EDX,
commented.
"We
are committed to bringing the best of traditional finance to cryptocurrency
markets, with an infrastructure built by market experts to embed key
institutional best practices."
In line
with its launch, the platform closed a new funding round. This round introduced
new strategic investors like DV Crypto, GTS and Miami International Holdings.
These firms joined the original coalition of investors, including Wall Street
giants mentioned before, like Charles Schwab, Citadel Securities, Fidelity
Digital, Sequoia Capital and Virtu Financial.
The funds
acquired will aid in the platform's continued development and reinforcement of
its market leadership.
EDX Markets to Launch EDX
Clearing
A new
development is on the horizon for EDX Markets: the launch of EDX Clearing. This
clearinghouse will settle trades matched on EDX Markets, acting as a central
counterparty.
"Looking
ahead, EDX Clearing will be a major differentiator for EDX – and resolve an
unmet need in the market – by enhancing competition and creating unparalleled
operational efficiency through a single settlement process," Nazarali
added.
The
investment firm BlackRock has decided to venture into cryptocurrencies. Last
week, it proposed establishing its first Bitcoin ETF in the United States. This
new instrument will provide investors with secure and regulated access to the
BTC market if approved.
These moves
come at a time when there is increasing pressure from regulators on digital
asset companies in the United States. The Securities and Exchange Commission
(SEC) has filed lawsuits against the two largest exchanges in the country,
Coinbase and Binance. This has made the crypto landscape more challenging but
also illustrates the growing importance of digital assets in the financial
ecosystem.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
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1 week to go until FMAS:24 kicks off and we couldn't skip our interviews with some of this year's sponsors 🤩 Starting off strong with Hannelé De Necker, CEO OF IFX Brokers.
See you there!
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
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Network, Learn, Grow | FMAS:24
Network, Learn, Grow | FMAS:24
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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🐦 Twitter: https://twitter.com/F_M_events
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▶️ YouTube: https://www.youtube.com/@FinanceMagnates_official
Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Get ready to mark your calendars for FMAS:24, returning this May! Take a quick glimpse of what awaits at the Sandton Convention Centre in Sandton, South Africa from May 20-22, 2024.
Don't miss out on this 5-second invite packed with energy and urgency!
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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🐦 Twitter: https://twitter.com/F_M_events
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
FMAS:24 | Sneak Peak
FMAS:24 | Sneak Peak
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Here's a sneak peek into the FMAS:24 vibrant atmosphere! Join us at Africa’s premium financial event for a transformative experience that combines the best of finance and technology.
From May 20-22, 2024, the Sandton Convention Centre in Sandton, South Africa, will be the hub for over 3,500 attendees to engage in unparalleled networking opportunities, learn from over 150 industry-leading speakers, and explore innovations from 120+ exhibitors.
Secure your free ticket now 🔗 https://events.financemagnates.com/yQx0l?utm_source=youtube&utm_campaign=fmas-is-back&utm_medium=video&RefId=FMAS24+Video+Ad+%5B1%5D
#fmas24 #fmas #fmevents #financeinafrica #traders #investors #affiliates #forexTraders #investmentOpportunities #B2BNetworking #finTech #Innovations #TradingCommunity #BusinessOpportunities #AfricanBusiness #Johannesburg #southafrica
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
📸 Instagram: https://www.instagram.com/fmevents_official
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Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Join 3500+ Attendees at FMAS:24 | Africa's Premium Financial Event
Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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Looking to expand your network in #Africa? Join 3500+ attendees at FMAS:24, where online trading, fintech, payments, and crypto meet! Connect with industry leaders and innovators for an unmatched networking experience.
20-22 MAY 2024
Sandton Convention Center, Sandton, South Africa
Register now to secure your spot: https://bit.ly/3JbUpCK
#fmas #fmas24 #fmevents #networking #finance #africa
📣 Stay updated with the latest in finance and trading!
Follow Finance Magnates for news, insights, and event updates across our social media platforms. Connect with us today:
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