BSO, the global infrastructure and connectivity provider, has extended its collaboration with CryptoStruct, the market data and trading solution provider for algorithmic traders in cryptocurrency markets, to provide seamless low-latency connectivity between cryptocurrency exchanges and to deliver consolidated market data through a single aggregated feed.
BSO and CryptoStruct’s engineering teams have been working together since 2020 to build a robust, institutional-grade solution targeting high-frequency and algorithmic crypto traders across the globe.
CryptoStruct’s specialised crypto trading platform, which aggregates market data from leading cryptocurrency exchanges including Binance, OKX, Coinbase, and BYBIT, also offers high-frequency trading capabilities, dynamic market dashboards and comprehensive order and position management. To facilitate in-depth order book analysis and back-testing, normalised historical market data is also available.
“Our software’s primary aim is to allow traders to concentrate on creating profitable trading strategies. We handle all the technical aspects, eliminating the need for trading firms to manage exchange setups,” Iain Clarke, Head of Sales at CryptoStruct, tells TradingTech Insight. “We normalise all the market data and order entry, and our Strategy Development Kit empowers firms to write their own strategies.”
He continues: “We have successfully integrated different global crypto exchanges into a single, comprehensive order book, achieving not only top-level aggregation but also full-depth consolidation. Collaborating with BSO and their outstanding low-latency network enables us to ensure effective distribution across the required locations.”
With a focus on speed, efficiency and a small data centre footprint with regional network interconnection, the joint offering is expected to be particularly attractive to cryptocurrency firms looking to trade on new venues or expand into new markets.
A key component of the joint offering is BSO’s Crypto Cloud Connect, the ultra-low latency cloud connectivity backbone. “We’ve built up a very strong community within the crypto and digital asset trading world,” says Matthew Lempriere, Head of UK, ME & APAC at BSO. “To have a new product like this that we’ve been asked for a number of times by our community of existing clients and new prospects is a very exciting addition to be able to offer.”
Subscribe to our newsletter