XTRD SPA, OR SINGLE POINT OF ACCESS, IS SERVICE THAT WILL ALLOW TO TRADE ACROSS MULTIPLE EXCHANGES USING XTRD LIQUIDITY POOLS BY OPENING JUST ONE ACCOUNT.
XTRD is working on a single unified point of access to aggregate liquidity across exchanges for traders. This aggregation allows traders to clear at the best possible prices while delivering the lowest possible transaction costs as well as atomic swap capability – all with just one client-side account.
XTRD SPA will be facilitated via Joint Venture (JV) partnerships with existing exchanges to minimize the regulatory hurdles as XTRD will function purely as a technology provider. Exchanges will fulfill the custodial function, while XTRD will clear balances from its inventory accounts at other exchanges to close the trades made by clients within the JV exchange. XTRD has already secured a partnership with a major active exchange that facilitates trading in primary currencies and will soon do the same for alternative ERC20 tokens.
XTRD is focused on becoming the de-facto trusted, US-based technology platform for large financial players to easily execute on crypto. XTRD will generate revenues via execution fees, market data sales, VPS services, software licensing, and other ancillary income streams. Operational funds for creating the platform and the balance sheet required to execute across multiple exchanges will be raised via a token generation event.
Leverage XTRD’s FIX API and XTRD PRO to access multiple markets easily and simultaneously. This allows for increased fill rates and deeper liquidity.
REDUCE YOUR RISK
By utilizing a consolidated market data and execution feed, you can lower slippage and filter out bad ticks.
Leverage XTRD’s worldwide, low latency server network to route orders seamlessly and quickly to your existing crypto exchange accounts and liquidity pools.