Bittrex Partners with Rialto Trading to Create New Digital Trading Platform
Bittrex fans know that Bittrex recently partnered with Ripple to provide liquidity for the XRP/USD pair and to further strengthen Ripple’s xRapid system. Now, Bittrex has announced on Twitter another top-tier collaboration, this time with Rialto Trading.
The main purpose of this partnership between one of the leading crypto exchange platforms and Rialto Trading is the creation of a new and allegedly innovative digital securities trading platform.
Rialto Trading is a new-age Alternative Trading System that provides its users with three fixed income products (Optimization, BondCross, and Seeker), each one of which provides different types of liquidity.
The new digital trading platform will provide its users with a compressive set of amendments such as advisory services, custody, trading, and placement. The provided services are designed to primarily cater to the needs of investors, accredited investors, corporations, and broker-dealers, mainly the ones interested in digital trading securities in the United States.
Leaders of both companies commented favorably on the partnership
Rialto Trading’s CEO, Shari Noonan, expressed his views on the partnership hinting at the fact that this would expand the company’s client offerings – a very good thing, by all accounts.
“We are excited to share Rialto’s expertise in building networks and trading solutions in the regulated securities industry to develop this new venture in partnership with Bittrex,” Noonan said.
Bill Shihrara, the CEO of Bittrex shares Noonan’s views and ideas as he declared: “It takes a unique combination of advanced technology and financial expertise to build and launch an efficient, reliable and secure platform for trading securities, and we found the ideal partner in Rialto and its CEO Shari Noonan.”
The CEO also expressed the fact that the US-based cryptocurrency platform will be merging all its blockchain and cybersecurity expertise with Rialto’s immense experience and knowledge in the securities sector.