Bequant Taps Finery Markets' FM Liquidity Match for Crypto OTC Prime Brokerage

Finery Markets, a Cyprus-based OTC trading solutions provider for digital assets, announced its latest cooperation with Bequant, a regulated virtual financial assets prime broker. Bequant will use Finery Markets's new FM Liquidity Match service to be connected with different crypto liquidity providers.

Introduced in April 2023, FM Liquidity Match is a ready-to-deploy crypto trading solution that enables institutional market players and crypto businesses to access OTC institutional crypto liquidity across more than 150 crypto-to-crypto and fiat-to-crypto pairs via prime brokers including Bequant.

With FM Liquidity Match's technology and liquidity, Bequant will leverage its client relationships to offer an OTC prime brokerage service, ensuring it is able to expand its product portfolio and add OTC liquidity to its current prime brokerage services. In addition, the service was built on technology developed in-house at Finery Markets and based on the requirements of brokers, and as such provides a wide range of tools and services to manage institutional crypto transactions and follow trading activity more effectively.

George Zarya, founder and CEO of Bequant, commented: "At Bequant, we are thrilled to announce our partnership with Finery Markets, as we take the best of the FX trading infrastructure and apply it to the world of crypto. This partnership is a testament to our commitment to delivering innovative solutions that meet the evolving needs of our clients."
Konstantin Shulga, the CEO and co-founder of Finery Markets, said: "Crafted with our clients' needs in focus, FM Liquidity Match is revolutionizing institutional crypto trading. Our non-custodial trading technology solution offers market professionals a risk-managed approach, compliant reporting, and post-trade flexibility, as well as ensures access to global liquidity and optimal execution."

Konstantin added: "We are absolutely confident that we can help Bequant further boost its digital assets prime brokerage services. Additionally, Bequant can leverage our cutting-edge technology to internalize customer flows, resell global inter-dealer liquidity to their customers, or even create their own ECN."