LONDON, April 30, 2024 /PRNewswire/ -- CoinRoutes, a
premier provider of algorithmic crypto trading strategies and a
market leading OEMS platform, announced that it has established
connectivity with Coinbase International Exchange, a licensed
digital asset exchange.
This collaboration enables institutional traders in eligible
jurisdictions to access the deep liquidity of Coinbase
International Exchange using CoinRoutes' advanced execution
algorithms and smart order routing strategies.The integration
arrives amid a surge in trading volumes for crypto derivatives,
with record highs observed on several exchanges recently.
CoinRoutes embeds a proprietary price-predictive signal in all
algorithms, allowing traders to execute passively under normal
conditions but flex to be aggressive or super passive during high
volatility. Popular features allow traders to earn maker fees
instead of paying taker, trade thin instruments without impact,
track exchange volumes precisely, capture basis by spreading,
perform delta-neutral portfolio hedging, and automate treasury
management trades.
Ian Weisberger, CEO of
CoinRoutes, commented: "After CoinRoutes executed a record
$18B of notional volume for clients
in March, we are thrilled to welcome Coinbase International
Exchange to the CoinRoutes network, reinforcing our commitment to
expanding access to the highest quality trading platforms."
Michael Holstein, CRO of
CoinRoutes, added: "This will greatly enhance liquidity,
capital efficiency and counterparty risk mitigation for our clients
who trade a combination of perpetual future instruments and spot
crypto. Our partnership with Coinbase International Exchange
provides traders with everything they need."
Usman Naeem, CEO of Coinbase
International Exchange, commented: "This integration marks
another milestone in the ongoing global adoption of digital asset
trading by institutional players. As we collaborate with
CoinRoutes, we empower institutions worldwide with advanced tools
and access to liquid markets, driving forward the evolution of the
crypto economy."
About Coinbase International Exchange
Coinbase International Exchange is a licensed digital asset
exchange that provides perpetual futures and spot trading for
institutional clients in eligible jurisdictions and powers
perpetual futures trading for eligible retail users on Coinbase
Advanced.
As a regulated exchange, Coinbase International Exchange brings
trust and security to global crypto markets and expands crypto
derivatives access to institutions and professional traders with
robust APIs, liquidity incentives for high volume users, and an
expanding list of tradable assets.
About CoinRoutes
CoinRoutes was built from the ground up to handle the unique
market structure of crypto-assets as a leading provider of
algorithmic trading strategies and execution management
systems.
With CoinRoutes you can achieve best execution by trading on
over 65 major CEXs, DEXs and Liquidity Providers covering more than
3,000 assets (spot, perpetuals, futures) via a single API or our
trading app. In a single order you can trade across DeFi and CeFi,
using CEXs, DEXs and LPs.
CoinRoutes' patented distributed architecture allows our clients
to keep control over their digital wallets and keys. Our advanced
algorithms, that include automated spread trading and multi-product
trading in a single order, will achieve the lowest costs while
minimizing market impact and filling orders faster to reduce
slippage. Additionally, our built-in transaction cost analysis
(TCA) will help you evaluate your trading performance.
For media enquiries, please contact iva@coinroutes.com
View original
content:https://www.prnewswire.co.uk/news-releases/coinroutes-partners-with-coinbase-international-exchange-to-improve-institutional-access-to-perpetual-futures-302132017.html