Bitget Unveils Institutional Liquidity Service for Pro Traders
Bitget, a cryptocurrency exchange, has launched a new institutional liquidity service for pro traders. The platform is geared towards quantitative trading desks, proprietary trading firms, investment funds, brokers, and professional traders with significant trading volumes.
The infrastructure provides straight-through processing (STP), multi-level liquidity, low-latency execution, and FIX API. This setup enables automated trading operations requiring a direct connection with trading systems and constant access to market liquidity, Bitget said.
The company aims at companies utilizing quantitative models, high-frequency strategies, futures, and spot arbitrage, as well as Expert Advisor (EA)-based systems. This could involve rapid trading and greater 'liquidity depth' (amount of trading volume) as more people trade.
Bitget will execute trades on the client's orders based on a 100% STP mechanism, which fills in the system without human intervention. This enables institutional users to link their trading activity with the liquidity sources available via an automated pathway of execution.