Talos, the provider of digital asset trading technology for institutions, and One Trading, a crypto trading venue headquartered and regulated in the European Union, announced an integration designed to expand liquidity access for institutions.
As part of the collaboration, One Trading joins the Talos network of liquidity providers, expanding the possible destinations “for their shared clients looking to achieve best execution.”
Talos users will now be able “to access One Trading’s high-speed trading platform, with a matching engine time of just 1 microsecond.”
In addition to expanding its potential reach to Talos’s institutional clients, One Trading also adopts the Talos trading platform “as a sell-side client to support its OTC trading desk.”
The award-winning Talos trading platform “will help One Trading efficiently source liquidity to better serve its clients’ needs.”
The multi-faceted relationship between the two firms highlights “the different ways that the Talos network and platform can enhance a partner’s business.”
Daniel Packham, VP and Head of Operations, EMEA, said:
“We are thrilled to welcome One Trading into the Talos network of liquidity providers. They have built a leading regulated trading venue in Europe using cutting-edge technology to build an incredibly fast and secure exchange, holding themselves to the highest standards of security and transparency that are important to Talos and our institutional clients. In addition, as a client themselves using our trading platform, One Trading is a great example of how an OTC dealer can leverage Talos to help manage liquidity efficiently.”
Joshua Barraclough, CEO of One Trading said:
“Talos shares our goal of bridging the gap between traditional and crypto asset trading. That’s why we’re excited to integrate with Talos as a liquidity provider as well as a sell-side trading client. They provide us with the same institutional grade of technology that we seek to provide to our own clients.”
One Trading is an EU-based trading venue “built by a highly experienced ex-TradFi team. One Trading provides an institutional-grade digital asset exchange for both retail customers and institutional clients, with a focus on achieving market-leading execution speed, deep order books, and low fees.”
The exchange provides zero fees “for both maker and taker transactions. One Trading operates a regulated spot trading venue and an OTC business with plans to roll out a MiFID II regulated derivatives business in the near future.”
As the Markets in Crypto Assets (MiCA) European regulation elevates “the importance of best execution, Talos’s integration with One Trading will empower shared clients with an additional option for sourcing the best available liquidity.”
