Chicago, United States, September 16th, 2024, Chainwire
Liquid Mercury’s solution will power Daler Trading’s market making of options and perpetual swaps on PowerTrade
Liquid Mercury, a leading crypto trading technology provider, is excited to announce the launch of a new algorithm designed to facilitate liquidity provision strategies for crypto derivatives. Daler Trading, a digital asset market maker, will leverage Liquid Mercury’s algo and OMS (Order Management System) platform to actively quote Bitcoin, Ethereum, and 60 altcoin options and perpetual swaps listed on PowerTrade, a cryptocurrency exchange focused on cryptocurrency options.
“Liquid Mercury is thrilled about our new collaboration with Daler Trading and PowerTrade,” said Mercury CEO Tony Saliba. “The growing crypto derivatives market greatly benefits from liquidity providers like Daler who are willing to take risk and improve the efficiency of the market. We see a continued client interest in finding tradin
