Liquid Mercury Offers Trading Platform Front End to Crossover Markets

Liquid Mercury, a leading crypto trading technology provider, has teamed up with Crossover Markets, a digital asset technology firm focused on meeting the unique liquidity requirements of institutions. In this partnership, Liquid Mercury provides a graphical user interface (GUI) to Crossover's institutional clients to perform trades on their execution-only crypto electronic communication network (ECN), CROSSx.

With Liquid Mercury's GUI, CROSSx clients are able to access robust institutional order management capabilities and trading tools required by professional traders, complementing Crossover’s existing API-based trading workflows.

According to the official press release, CROSSx's modern architecture has been combined with Liquid Mercury’s battle-tested trading technology, enabling professional crypto traders to execute trades much faster compared to other crypto exchanges, while enhancing enterprise risk management through the decoupling of trade execution from custody and brokerage.

"We are thrilled to form this relationship with Crossover Markets and to serve as the client-facing gateway to this exciting new institutional crypto venue," said Liquid Mercury CEO, Tony Saliba. "The combination of deep traditional markets experience from both teams and shared vision of an improved marketplace through segregation of duties across trade execution, custody, and brokerage compelled Liquid Mercury to quickly deliver a solution that Crossover Markets can proudly offer to their clients."

"Differentiating our offering through category-leading technology is a cornerstone of Crossover's strategy," said Anthony Mazzarese, Co-Founder and Chief Commercial Officer of Crossover. "Having built our proprietary matching engine entirely in-house, we wanted a partner who could match our focus and speed in delivering a client front-end. Liquid Mercury's responsiveness, collaborative approach, and strong technology are a perfect fit for CROSSx venue participants who need to trade via GUI, and we are excited to bring another facet of our ECN to market."

The latest collaboration follows Crossover Markets' entering a partnership with Hidden Road​, the global credit network for institutions providing prime brokerage, clearing and financing across traditional and digital assets, to provide Hidden Road clients with streamlined access to CROSSx for the purposes of executing spot cryptocurrency transactions.