Gold-i Taps Modus.Trade to Offer Crypto Fund Management Services

Gold-i, a trading systems integration specialist for the financial services ‎industry, continues to enhance its services around digital assets and partnered with Modus.Trade to enter the cryptocurrency fund management sector.

According to the press release shared with Finance Magnates, Gold-i will manage Modus.Trade's entire technology infrastructure that includes providing access to crypto market makers and clearing using the Gold-i Crypto Switch™ 2.0.

Moreover, it will support Modus.Trade’s MT5 trading platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term.

“Our partnership with Modus.Trade… takes our offering to a whole new market segment,” said Tom Higgins, the Chief Executive Officer at Gold-i.

“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 Market Makers Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Market makers or called dealing desk brokers represent a type of broker that internalize flows and are taking the opposite side of a transaction submitted by their clients. The market making broker is only quoting a feed of prices to its clients. These feeds may or may not be the exact same as the prices quoted on the interbank market.Any order a client enters is processed internally and never goes out to the market, except in rare cases where a market making brokerage identifies a client as a v Read this Term and clearinghouses, and managing their entire technology infrastructure.”

Big Clients

Modus.Trade, which is a crypto fund and online trading platform, primarily targets fund managers, financial institutions, family offices and high net worth individuals as its clients. Demand for its services surged in recent months as monthly trading volume on its platform surpassed $500 million.

Nathan Sage, the Founder and CEO at Modus.Trade, said: “As part of our ongoing focus on adding value to clients, we wanted to enhance our liquidity and technology offering. 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.”

Meanwhile, crypto remained one of the key focus areas for Gold-i. Last year, the company enhanced its cryptocurrency offerings with the integration of Bitfinex liquidity and CryptoCortex’s product suite.