Crypto trading platform Omniex has announced a new set of clients including Circle, Jump Trading and BKCM, along with the finishing touches to its services which now include algorithmic execution and smart order routing.
Omniex provides a portfolio management system (PMS), execution management system (EMS) and order management system (OMS) and enables market access and connectivity to crypto exchanges and multiple OTC desks.
The platform said that additionally, it now provides algorithmic execution and smart order routing services, in an effort to build a more robust crypto ecosystem.
At the same time, Omniex announced eight of its new clients which also include OSL, Galaxy IP, Crescent Crypto, DV Chain and Wyre.
“Institutions across the globe have been looking for a way to seize the potential of this entirely new asset class, but have lacked the investment and trading tools catered to the scale and workflow mandates of financial institutions,” said Hu Liang, co-founder and CEO of Omniex. “We’re grateful for the industry’s support, and eager to work with our first wave of clients to pioneer crypto as a new asset class in institutional finance.”
In August, Omniex appointed former SEC chairman Arthur Levitt and former chair of the FDIC Sheila Bair to its board of advisors.
The platform has also named Maartje Bus, former head of capital markets at Thomson Reuters as director of strategic partnerships, and Tom Eidt, former head of KCG’s regulatory affairs as general counsel & chief compliance officer.