US Finance Moguls Launch EDX Markets, A New Platform for Trading Crypto

EDX Markets will incorporate digital assets in traditional finance using trusted intermediaries and address the demand for digital asset trading. The platform will be powered by MEMX technology with best practices from traditional financial markets and tighter spreads enabled by greater liquidity, to support secure, fast. The cryptocurrency ecosystem will also provide a marketplace for retail brokers who will trade crypto on a live traditional platform to maximize liquidity within the crypto markets. Trader’s orders can be worked on faster than what is happening in the traditional markets. According to the innovators, this will get rid of conflicts of interest affecting the current cryptocurrency exchanges by separating responsibility for operating the exchange from the entities trading on it. The EDXM’s Board of Directors hailed the initiative as a great one.