AAX, a recently launched crypto exchange that offers over-the-counter, spot, and futures trading across a variety of digital assets, announced today that it has joined the London Stock Exchange Group’s (LSEG) Partner Platform.
It is the first cryptocurrency exchange to join the Partner Platform building on the existing technology relationship between AAX and LSEG. In November, LSEG deployed its Millennium Exchange matching engine at AAX in the first cloud-based 24-hour environment implementation of the trading solution.
LSEG’s Partner Platform offers AAX the ability to expand its services and reach institutional clients in Europe, North America and Asia over LSEG’s Global Innovation Network, a purpose-built network infrastructure to support financial services transactions.
It also offers LSEG’s connected client community of investment firms, sell-side brokerages, data and technology vendors the ability to access AAX directly over their existing connections to LSEG, simplifying and accelerating the on-boarding process. It represents a significant step forward in providing a cryptocurrency exchange trading platform to institutional capital. Read More...