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Finery Markets has announced a partnership with Sage Capital Management to enhance liquidity access for institutional cryptocurrency traders, the technology provider revealed today.
Under the agreement, Sage Capital Management will become a liquidity provider on the Finery Markets platform using newly introduced "quote streams" trading via the FIX protocol. This addition makes Finery Markets the first cryptocurrency ECN (Electronic Communication Network) technology provider to offer three trading methods: RFQ (Request for Quote), order book, and quote streams.
The collaboration will enable Finery customers to access Sage Capital's liquidity pools across multiple sources as well as their proprietary liquidity through the Finery Markets platform.
Konstantin Shulga, Finery Markets CEO, said: "The industry is witnessing remarkable growth with the emergence of prime brokerage, institutional custody solutions, and advanced trading infrastructure. We have always been at the forefront, and now we are the first ECT technology provider offering a versatile trading method for our users - order book, RFQ and now - quote streams. Through our partnership with Sage Capital, we significantly contribute to this evolution by providing unparalleled and superior institutional-grade liquidity solutions."
Nathan Sage, CEO and Founder of Sage Capital Management, commented: "We're excited to become the partner streaming our unique pricing to clients through the Finery Markets 'quote streams' regime. With this we allow Finery clients to seamlessly access our premium crypto liquidity with extremely tight spreads and consistent pricing 24/7 to help support and run their chosen business models. Our live feed showcases the quality, depth, and 24/7 reliability that our clients rely on. We provide real-time pricing and data for all major digital assets, including BTC, ETH, SOL, XRP, DOGE, DOT, ADA, and over 200 more."
According to the company, Sage Capital's quote streams will be available across all Finery Markets products, including FM Marketplace, FM Liquidity Match, and FM Whitelabel.
Finery Markets, established in 2019, provides non-custodial cryptocurrency ECN and trading SaaS solutions to institutional clients in more than 35 countries. The company serves over 150 digital asset clients including payment providers, brokers, OTC desks, hedge funds, and custodians.
Sage Capital Management has been operating in digital assets since 2015 and provides liquidity solutions with risk management and customisable support.
