Gold-i Partners with Modus.Trade
Posted by Colin Lambert. Last updated: January 20, 2022
Crypto investor network Modus.Trade has selected Gold-I to manage its technology infrastructure, including providing access to market makers and clearing to users of Gold-I’s Crypto Switch product.
Modus.Trade is a crypto fund and online learning platform, with a suite of algorithmic trading strategies. It says its client base consists predominantly of fund managers, financial institutions, family offices and high net worth individuals and is trading over $500 million a month in Bitcoin.
“Cryptos are all about efficiency and taking out the middleman and we provide software which lets investors know when to get in and out of the markets and provides them with access to liquidity,” says Nathan Sage, founder & CEO, Modus.Trade. “We’ve built an impressive community of investors and offer trading strategies, risk management advice and learning tools, too.
“As part of our ongoing focus on adding value to clients, we wanted to enhance our liquidity and technology offering,” he continues. “We originally accessed crypto market makers and technology through a broker but, as we grew, were unable to access the large ticket sizes we needed. With Gold-i as our technology partner, this is no longer an issue. We now have access to large ticket sizes, a wide choice of market makers and better pricing and, by having our own MT5 server, can also provide clients with enhanced performance.”
In spite of its claim to service fund managers, Modus.Trade selected MT5 as its trading platform as its strategies are built using MetaQuotes language – which is largely used in the retail space.
“We have always seen ourselves as a pioneer in the digital assets world, having launched our Crypto Switch in 2017,” says Tom Higgins, CEO, Gold-i. “Until now, this product has been used by FX brokers wishing to offer cryptocurrencies as an additional asset class. Our partnership with Modus.Trade, which focuses exclusively on crypto trading within the fund management sector, takes our offering to a whole new market segment.
“We see a huge opportunity in this sector, with Gold-i becoming the technology provider of choice for organisations launching crypto funds, connecting them to market makers and clearing houses, and managing their entire technology infrastructure,” he adds. “This is a significant evolution for our business and, as such, we have created a dedicated website for funds, investment banks and prime brokers to find out more about Gold-i’s digital asset technology for institutional investors.”