GCEX, the digital asset and FX solutions provider, has partnered with Swiss-based market operator RULEMATCH to offer institutional clients what it claims to be one of the world’s fastest crypto trading venues. Through the collaboration, GCEX clients, including hedge funds and algorithmic traders, gain access to ultra-low latency trading with 25-microsecond execution times, integrated post-trade settlement, and multilateral clearing. The joint solution setup aims to enhance capital efficiency and reduce settlement risks.
RULEMATCH operates as a neutral platform, ensuring liquidity via regulated market makers and providing a transparent, anonymous trading experience through a Central-Limit Order Book (CLOB), and utilises Nasdaq’s technology for pre-trade risk management and market surveillance, aiming to ensure secure and compliant trading. This partnership aligns with GCEX’s commitment to delivering advanced digital asset trading solutions and complements its XplorDigital suite, which offers end-to-end digital asset and FX brokerage technology for institutional needs.
Lars Holst, CEO of GCEX, commented: “We are continually looking to push boundaries and extend our offering. Our partnership with RULEMATCH presents a fantastic opportunity for our clients. RULEMATCH is built on state-of-the-art institutional grade technology that offers ultra-low latency trading of cryptocurrencies, with ultra-competitive fees and consistent execution latency down to 25 microseconds. Their offering is very impressive and we share the same ethos in terms of market integrity and professionalism.”
David Riegelnig, CEO, RULEMATCH added: “Observing the market today, it is very clear that many of the most active trading firms in the FX market are seeing great opportunities in cryptocurrencies as well – which is understandable given the similarities in the market structure. Our partnership with GCEX as a digital prime broker and sponsor means they can now access the ultra-fast trading venue of RULEMATCH and leverage its multi-lateral clearing and settlement capabilities. With this powerful combination, they can employ many of the same strategies from FX markets for trading crypto assets, including stablecoins.”
GCEX is regulated in the UK, Denmark, and Dubai.
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