Market Synergy can now be used by brokers and hedge funds, offering digital assets to their client base, for institutional standard cryptocurrency connectivity and security and take a FIX feed or ISP link to Bitfinex’s digital asset gateway. Institutional firms and professional traders can now connect to Bitfinex through Market Synergy.
Swiss-based Market Synergy was selected to design and build a bespoke network for Bitfinex back in July 2018.
James Banister, CEO, Market Synergy commented:
Since we announced our plans to provide institutional standard connectivity for Bitfinex, we have had significant interest from global brokers and hedge funds to connect through our network to Bitfinex’s digital asset gateway. I am delighted that we are going live today and that institutional clients worldwide can benefit from our high performance connectivity to Bitfinex. We can also now offer colocation services to any Bitfinex institutional client.
Paolo Ardoino, CTO, Bitfinex added:
At Bitfinex we are constantly innovating to provide the most sophisticated trading platform in the market, and working with Market Synergy, we have been able to take a pioneering step forward with our data migration to dedicated private servers. It has been a considerable undertaking but one we felt was integral to provide a service that matches our ambition and market expectation. We are glad to have been able to collaborate with Market Synergy to provide a solution that promises even greater speed and security across our platforms.