SmartTrade, SBI, Expand Partnership
Posted by Colin Lambert. Last updated: August 27, 2021
SmartTrade Technologies and Japanese FX infrastructure firm SBI Liquidity Market have extended their partnership to tap into what they say is growing Japanese retail and institutional interest in cryptocurrencies.
Under the extended deal, SmartTrade will provide support for SBI FXtrade’s cryptocurrency derivative trading operations. As part of the deal, SBI has also moved its trading facility into SmartTrade’s Tokyo data centre to leverage the firm’s managed services.
SBI has been a SmartTrade client since 2013, when the company chose LiquidityFX as its connectivity, aggregation and smart order routing partner. Three years later SBI added SmartTrade’s pricing and distribution modules to its business outside Japan to the rest of Asia.
“This unprecedented and volatile year demonstrated the need for high performance trading infrastructure capable of withstanding all circumstances,” says David Vincent, co-founder and CEO of SmartTrade.
