Matrixport Unveils 'Phoenix Prime' to Pioneer Next-Gen Crypto Prime Brokerage Era
SINGAPORE, April 3, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime. This breakthrough offers the first unified access to the crypto market, featuring a tech-enhanced trading infrastructure with minimal microsecond latency, and a quant-driven, capital-efficient system via the FIX protocol.
- The world's first prime broker offering seamless, ultra-fast access to aggregated liquidity from crypto exchanges across the spot, perpetuals and futures markets through FIX connectivity
SINGAPORE, April 3, 2024 /PRNewswire/ -- Matrixport, one of the world's leading digital assets ecosystems, today unveiled its new prime brokerage service, Phoenix Prime . - Powered by an advanced Smart Order Router (SOR), Phoenix Prime grants trading firms unparalleled, very low latency access to spot, perpetual swaps and dated futures liquidity from Binance, OKX, and Bybit.
- With its tech-powered and quant-driven prime brokerage offering, Phoenix Prime is anchored under the three pillars of excellence: Ultra-fast speed, cost-effectiveness and convenience.
- Daniel Egloff, Matrixport's Global Head of Prime Brokerage said, "As the market evolves, the crypto prime brokerage value proposition will move beyond the primitive business model of renting out exchange sub-accounts.