Nexo Prime Integrates oneZero’s Institutional Hub
Nexo Prime, which is the institutional arm of the crypto lending platform Nexo, has enhanced its offering with the integration of oneZero’s Institutional Hub. Announced on Thursday, the integration will boost Nexo Prime’s offering for institutional spot and margin digital asset trading.
Next Prime Enhances Offering with oneZero Hub Integration
Nexo launched Nexo Prime earlier this year, targeting institutional corporate, and high-net-worth investors (HNWIs). It uses Nexo Smart Routing System for trading services, offering cost-effective execution of orders «smoothly and reliably with competitive trading fees.» It also tapped BitGo, Fireblocks, Ledger Vault, and Fidelity Digital Assets for custodial purposes.
Now, the integration of oneZero’s trading technology will offer the clients of Nexo Prime access to two popular trading platforms, MetaTrader 4 and MetaTrader 5, along with cross-connections to other bridges globally.
Additionally, Nexo Prime clients will benefit from rapid execution speeds, low latency, high throughput, and real-time order transmission, minimizing the risk of slippage. On top of that, clients can take advantage of an end-to-end solution that can be set up «easily and fully integrated with Nexo Prime.»
oneZero Expanding Offerings to Institutions
oneZero is a prominent trading technology provider and was founded in 2009. It launched Institutional Hub last year as an extension to its existing retail and liquidity hubs. The institution-focused service allows clients to define all trading criteria with advanced aggregation, price formation, customized distribution, risk management and systematic hedging.
Check out the recent London Summit session on «Mixed Trends» where oneZero’s Founder and CEO, Andrew Ralich, was a panelist.
«At the core of our partnership with oneZero is Nexo Prime’s commitment to continually refine our offering and enable institutional clients, financial brokers, and digital asset exchanges on the oneZero network to better control trading on their venue,» Nexo stated.
«The integration enables parties to analyze liquidity provider performance and client trading behavior on one side while boasting minimum latency and high throughput at the same time.»