Tradu Selects Crossover Markets for Digital Assets
Posted by Colin Lambert. Last updated: December 14, 2023
Tradu, a broker set up by a company called Stratos Group International, which in turn is a wholly-owned subsidiary of Jefferies Financial, has selected Crossover Markets as its “primary” digital asset execution partner.
Tradu was recently announced and launches in the UK this month and internationally early in 2024, under the agreement crypto flow from Tradu – typically a retail platform – will be rounded to Crossover’s CrossX ECN.
Stratos is parent company to FXCM and Tradu, and Brendan Callan, CEO of both firms, says, “Assembling the right technology platform for our customers was a key objective and CrossX is the only crypto execution venue today that delivers the speed and throughput required to help us bring down trading costs. We believe that our distribution, coupled with CrossX’s technical prowess, creates one of the most compelling digital asset trading offerings on the market.”
Brandon Mulvihill, co-founder and CEO of Crossover, explains, “On the front end, Tradu provides retail clients the ability to trade multiple asset classes in a seamless fashion, while on the back end, Tradu sources market data, liquidity management and trade execution.”