Highlights:
- Highly sort after futures platform BitMEX has announced its partnership with Trading Technologies
- Trading Technologies will showcase BitMEX Futures Derivatives on its already existing platform to its customers
- This move is said to bring in more retail investors to both the platforms
BitMEX is an exchange offering derivatives products on top of Bitcoin. BitMEX is built for serious traders and cryptocurrency holders with liquidity and hedging needs. BitMEX is one oil the only derivatives exchange that stands behind its settlements and will never force-close a position or deduct profits from traders to cover its losses
Chicago-based Trading Technologies is a futures trading software developed by the Trading Technologies team. They are known in the industry to provide infrastructure and data solutions for the most discriminating capital markets professionals.
“This collaboration with BitMEX brings our award-winning trading software to a much broader cryptocurrency market. We expect this partnership will grow trading volume on BitMEX” said Rick Lane, CEO of Trading Technologies.
Through the partnership, Trading Technologies users who are eligible to trade at BitMEX now have access to all BitMEX products, including its flagship XBTUSD Perpetual Swap, through the platform. BitMEX offers the most-liquid XBTUSD market in the world, with 1,500% more bitcoin to USD liquidity than any other platform.
The partnership is said to be a mutually beneficial one, where Trading Technologies will bring in more users and capital into the BitMEX platform, while BitMEX will allows regular retail and high-risk traders to open their portfolio to cryptocurrency and their derivatives.
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