Binance Integrates with oneZero to Expand Liquidity Offering
Binance VIP and Institutional announced its integration into the oneZero ecosystem on Monday. oneZero is a developer of multi-asset enterprise trading technology for retail and institutional brokers, banks and liquidity...
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Binance VIP and Institutional announced its integration into the oneZero ecosystem on Monday. oneZero is a developer of multi-asset enterprise trading technology for retail and institutional brokers, banks and liquidity providers.
The integration follows the launch of the Binance Link Programme, a scheme that enables enterprise clients to build their businesses with Binance technology while earning commission from trading fees by leveraging Binance's liquidity and market depth.
Through the partnership, Binance explained financial brokers and digital asset exchanges on oneZero’s network can gain access to its spot, margin and futures liquidity markets. “The integration will allow institutional clients to deliver pricing and trading over MetaTrader 4 and 5 servers and cross-connections to other bridges globally,” the crypto exchange explained.
However, the cryptocurrency and blockchain infrastructure provider pointed out that the service is only available to clients of both institutions and is subject to a successful application'.
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Recent oneZero Integrations
Binance’s new integration comes about three months after Invast Global, a Sydney-headquartered multi-asset prime brokerage, opted for oneZero to meet its core trading technology needs across its global institutional business.
In 2021, oneZero onboarded a number of trading-related firms onto its platform. In April last year, IHS Markit, TRAction and Tradefora joined oneZero. On top of that, the trading technology developer welcomed three post-trade regulatory vendors, EMIREP, SteelEye and Point Nine and gained direct access to its Data Source.
In March 2021, AFTX Connect, the institutional arm of the forex and CFDs broker, AFTX expanded its liquidity offering through oneZero’s technology. A month earlier, FDCTech, a forex and CFD trading technology provider, integrated its Condor FX Pro trading platform with oneZero’s infrastructure to reach a wider client base.
Meanwhile, in March last year, oneZero launched the Algorithmic Pricing Module, its proprietary price creation tool that uses broker’s data constructs and algorithms to generate customized pricing. Furthermore, the developer launched its institutional hub in early 2021 to facilitate trading services for institutional brokers, prime of prime providers and banks.
This article was written by Solomon Oladipupo at www.financemagnates.com.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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