Get Custom Quotes, Info & More from Multiple Providers At Once.
LiquidityFinder
May 11, 2022

Etana Custody & Spotex Partner to Offer Secure, Enhanced Market Access to Digital Assets

May 11, 2022 - FX and precious metals ECN Spotex LLC, and Etana Custody, a Chartered Trust company, announced that they have executed the first fully funded and physically settled cryptocurrency trades between two Etana Custody held clients.

Etana’s custody and trade support solutions for fiat and digital assets provide clients with flexibility and peace of mind. As an independent, regulated custodian, Etana allows institutions to buy and sell fiat and digital assets directly from custody, eliminating risky transfers and inefficient transactions.

Spotex’s FIX compliant technology infrastructure paves the way for traditional financial participants to cross over into decentralised financial markets. Given the need for a reliable 24/7 execution network, adding digital assets to Spotex's product base was a logical progression.

Brandon Russell, CEO of Etana Custody, commented, “Partnering with Spotex’s established ECN and existing Institutional client base has enabled Etana Custody to broaden its Institutional client reach. As Institutional adoption of digital assets continues to grow, having a reliable partner in Spotex that provides Institutional grade pre- and post-trade execution services is vital to our growth in this sector.”

“We are excited to have entered the digital space with an accredited, regulated custodian like Etana Custody,” said John Miesner, CEO of Spotex LLC. “Whether digital or fiat, Institutional clients have expressed significant concern regarding the safety of their assets. Etana fulfills those needs for financial institutions entering the digital marketplace, from the custody of assets to buying power to physical settlement.”

Following this announcement, Etana Custody and Spotex LLC will broaden their partnership to create additional opportunities and innovative solutions for clients pursuing a simpler, more secure experience in the digital asset class.

Spotex enables institutions to trade in a low latency ECN central limit order book (CLOB) or their own disclosed DMA liquidity pools with preferred liquidity providers. Leading Sell-side and Buy-side liquidity providers are connected to Spotex.

Spotex provides foreign exchange electronic execution, liquidity solutions, and digital technology to participants of global foreign exchange and digital markets. The Spotex ECN is supported by leading banks, hedge funds, proprietary trading firms, broker-dealers, prime brokers, and digital custodians.

Spotex technology and liquidity solutions enable brokers and institutional market participants to create innovative FX and Digital trading paradigms. These include disclosed DMA liquidity pools for institutions, discrete liquidity hubs for Brokers, and direct access to a low latency ECN.

Etana Custody Ltd. is a Colorado chartered trust company regulated by the State of Colorado Division of Banking. Etana offers global custody and trade support solutions for institutions, corporations, exchanges, and individuals as an independent, qualified custodian.

Etana’s industry-leading custody and trade support solutions allow clients to manage their fiat and digital assets from one location in a secure environment linked to many service provider options.

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started

LiquidityFinder

LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.