TradingScreen Inc. (TS) subsidiary MARKTS, a digital asset order and execution management system (OEMS), announced on Wednesday it has teamed up with OSL, an Asian digital asset platform, to launch OSL Exchange and OSL intelligent Request for Quote (iRFQ) trading services on MARKTS.
According to MARKTS, OSL Exchange and iRFQ connect directly into TradingScreen’s all asset class Order and Execution Management Systems (OEMS). The connectivity notably allows institutional investors to price, buy, and sell the top digital assets by market capitalization. The partnership comes as demand to trade digital assets increases globally, with Asian traders accounting for almost 70% of all digital asset trading volumes globally. While sharing more details about the collaboration, Alexandre Carteau, Head of MARKTS at TradingScreen, stated:
“Our integration with OSL Exchange is a key part of our ongoing drive to aggregate high-quality liquidity across the world. As the digital asset market continues to evolve across Asia, ensuring institutional investors can trade digital assets seamlessly regardless of location is imperative.”
OSL CEO, Wayne Trench, then added:
“Collaboration with proven partners like TradingScreen provides existing market participants with an institutional grade trading experience and will also help introduce new entrants to the growing global digital asset community. Our integration with the MARKTS platform reinforces our commitment to delivering our services to a rapidly increasing number of institutional investors worldwide.”
MARKTS describes itself as a TradingScreen company, is a cloud-based ‘software-as-a-service’ platform that offers users the ability to employ institutional-grade tools for trading digital assets in one integrated and compliant solution.