Bullish, one of the regulated digital asset exchanges, announced it has integrated with algorithmic crypto trading execution tool provider Anboto Labs, to enhance the trading experience for institutional investors.
Mutual customers can now leverage Anboto Labs’ Order Execution Management System (OEMS), a “suite of advanced trading features, directly on the Bullish Exchange.”
In addition, Anboto Labs’ algorithm, which provides traders with optimized liquidity and pricing across “a range of connected venues, now benefits from accessing the liquidity and low-cost execution offered by the Bullish Exchange.”
Chris Tyrer, Head of Institutional at Bullish said:
“By incorporating Anboto Labs’ advanced OEMS, we are amplifying our ability to deliver Bullish’s extensive liquidity and competitive pricing more efficiently, further solidifying our position as a leading digital asset exchange. Anboto Labs’ shared focus on helping increase adoption of digital assets and making it easier and more cost-efficient for traders to navigate the market makes them a strategic partner for Bullish.”
Anboto is described as an algorithmic trading platform trusted by trading firms, crypto hedge funds, and crypto traders “to achieve a strategic edge by utilizing advanced trading features, accessing optimal liquidity, and ensuring precise execution across a broad network of connected venues.”
By integrating Bullish Exchange into its platform, Anboto enhances its offering, “enabling customers to trade digital assets with the best liquidity, pricing, and execution efficiency available.”
Guillaume Forcade, Anboto Labs CEO & Co-Founder added:
“This partnership aligns with our commitment to providing sophisticated traders with the best execution and liquidity options. Bullish’s unique liquidity and regulated environment offer significant advantages to our clients.”
Bullish Exchange, which has reportedly surpassed “$1.1 trillion in cumulative trading volume since its launch in November 2021, continues to expand its offerings to meet institutional and retail demand.”
In 2H 2024, the platform recorded “average daily trading volumes exceeding $2 billion.”
Bullish claims that it has become an established institutional-focused digital assets exchange, reportedly “known for leveraging its automated market-making (AMM) technology to offer execution trading, liquidity, and tight spreads in the largest digital asset pairs in crypto.”
The integration is live and available to current Bullish and Anboto Labs customers.
With a focus on developing products and services for the institutional digital assets sector, Bullish has rewired the traditional exchange “to benefit asset holders, enable traders and increase market transparency.”
Supported by the Group’s treasury, Bullish’s digital asset spot and derivatives trading services utilize high-performance “central limit order matching and proprietary market making technology to deliver deep liquidity and tight spreads within a compliant framework.”
Launched back in November of 2021, the exchange is available in “50+ select jurisdictions in Asia Pacific, Europe, Africa, and Latin America.”
Bullish prioritizes compliance and “safeguarding customer assets through robust security measures and regulatory oversight.”
The business is licensed by the German Federal Financial Supervisory Authority (BaFin) and the Gibraltar Financial Services Commission.
As mentioned in the announcement, Anboto Labs is a research and trading lab headquartered in Singapore, “building algorithmic execution tools across CeFi and DeFi.”
Anboto’s mission is to provide crypto traders with “institutional grade algorithmic execution to improve their trading experience with substantial cost savings.”