B2C2 and Swissquote companion to reinforce liquidity on SQX

Digital belongings market maker B2C2 has partnered with Swiss on-line banking and monetary providers supplier Swissquote to deepen liquidity on the latter’s alternate.

Swissquote Change (SQX) is a central restrict order guide (CLOB) which presents liquidity alongside an setting to commerce cryptocurrencies to a variety of market members.

Customers are capable of commerce, maintain, and switch crypto belongings of their Swissquote account, backed by the safety related to a regulated Swiss financial institution.

Since launching in October 2022, SQX has expanded its choices to incorporate greater than 40 cryptocurrencies.

In line with the agency, B2C2 offers liquidity throughout market circumstances, and presents bid ask spreads which allow merchants to execute trades with minimal worth influence in addition to environment friendly settlement and improved capital effectivity via acceptable credit score choices.

“SQX has confirmed itself as the most important and strongest digital belongings alternate in Switzerland main with higher liquidity and quicker execution for our prospects, strengthening our place as a recognised chief in crypto buying and selling,” mentioned Jan De Schepper, chief gross sales and advertising officer at Swissquote. 

“We’re delighted to have B2C2 as a strategic companion at our facet. Collectively, we’re dedicated to offering superior execution, enhanced transparency and an excellent higher general buying and selling expertise.”

The collaboration between SGX and B2C2 seeks to assist create a strong, liquid, and engaging market in digital belongings for institutional buyers and different market members, which might finally enhance buying and selling exercise and bettering operational effectivity.

The addition of B2C2 on SGX will increase the liquidity accessible to merchants, whereas SGX will hyperlink new market members to B2C2’s buying and selling ecosystem.

“We’re happy to deepen liquidity on the SQX alternate, offering purchasers with enhanced buying and selling alternatives and reinforcing our aggressive edge within the business. Collectively, we’re poised to unlock new development avenues via liquidity options,” mentioned Thomas Restout, group chief govt of B2C2.