Recently Beaxy exchange released details of a partnership with XTRD. Since then we were asked the same question several times: “How will this partnership work?”. So, we decided to clarify this!

There are significant synergies between XTRD and the Beaxy exchange.

First, we will be happy to include Beaxy in our execution pathways. One of the reasons we want to do it is because Beaxy has the OneTick CEP engine behind them. We have experience working with OneTick and are more than aware what they are capable of.

The CEP engine is a state of the art piece of software plus hardware designed to process millions and millions of transactions per second. Like XTRD, Beaxy is taking mature financial technologies and bringing it to the crypto markets. With this tech in place, they will be far ahead of their competitors. And, of course, we want to be a part of it.

Secondly, our companies will exchange best practices in API creation. We will also explore the possibility to become a FIX API vendor for Beaxy.

And last but not least — Beaxy will be part of our Dark Pool project by taking or making liquidity on it.