Crossover Markets Group, Inc. has been selected as the primary digital asset execution partner of Tradu, part of Stratos Group International, LLC, a wholly-owned subsidiary of Jefferies Financial Group Inc.
Tradu crypto flow will be routed to Crossover’s CROSSx electronic communication network (ECN), which will provide tailored liquidity, high-speed execution, maximum throughput and tight spreads. CROSSx offers institutional and intermediary clients a dynamic technology platform to execute spot cryptocurrencies and is a natural fit for Tradu and its goal to bring institutional pricing to retail traders.
“We are thrilled to respond to client demand for streamlined multi-asset experiences—including digital assets—with the launch of Tradu,” said Brendan Callan, CEO of Tradu. “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.”
“Tradu is a bold and disruptive offering that resets the future of online trading for retail clients,” said Brandon Mulvihill, Co-Founder and CEO of Crossover. “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 from the best providers in their respective markets. CROSSx brings unrivaled speed and performance to the table, matching 99% of orders in under 10 microseconds while processing over 1 billion quotes per day. We are honored that Tradu selected CROSSx for its position as the preeminent institutional crypto trading venue, and we look forward to bringing our value proposition to all Tradu clientele.”
Tradu, which was officially launched in November 2023, is headquartered in London with offices around the world.
Stratos also operates FXCM, an FX and CFD platform founded in 1999. Stratos says it will continue to offer FXCM services alongside Tradu’s multi-asset platform.
