header banner
Default

Bloomberg: Do you look like a robot?


  • Regulators call to separate custody, market-making and trading
  • EDX model approximates practices seen in traditional finance

EDX Markets, the crypto exchange backed by Charles Schwab and Citadel Securities, is moving ahead with Anchorage Digital as its custodial partner.

The crypto exchange, which went live to clients this year, said the partnership would allow EDX to settle trades matched on their exchange through its own clearinghouse business. That clearing business is slated to go live next month, according to Chief Executive Officer Jamil Nazarali.

Up Next

Citadel Securities-Backed EDX Taps Anchorage to Custody Crypto

Sources


Article information

Author: Ronald Brock

Last Updated: 1704280445

Views: 865

Rating: 4.3 / 5 (84 voted)

Reviews: 92% of readers found this page helpful

Author information

Name: Ronald Brock

Birthday: 1956-07-15

Address: 6490 Harris Turnpike Apt. 821, East Anastad, LA 02721

Phone: +3533159370148114

Job: Civil Engineer

Hobby: Wine Tasting, Lock Picking, Cross-Stitching, Sculpting, Archery, Skydiving, Sailing

Introduction: My name is Ronald Brock, I am a risk-taking, enterprising, priceless, fearless, Precious, expert, unswerving person who loves writing and wants to share my knowledge and understanding with you.