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Cryptocurrency startup Coinbase partners with Trading Technologies International

Cryptocurrency exchange startup Coinbase has entered into a strategic partnership with Trading Technologies International (TT), a provider of high-performance professional trading software.

Under this partnership, the companies will work towards providing professional cryptocurrency trading functionality and market access to the institutional trading world. Beginning March 2018, the partnership will allow TT customers to trade both spot and derivative markets side by side for the first time.

“We are pleased to partner with Coinbase, the leading digital asset exchange, so that cryptocurrency traders of all styles are able to leverage our robust and powerful suite of trading tools. Furthermore, we have begun collaborating to deliver enhanced and asset-class-specific functionality on the TT platform for cryptocurrency trading,” Rick Lane, CEO of TT, said.

Coinbase is the owner and operator of GDAX cryptocurrency exchange. It is regulated under the New York Department of Financial Services BitLicense as well as 30+ state money transfer regimes. The company is going to launch a custodian offering, Coinbase Custody, which will provide strict financial controls and secure storage for institutional investors wanting to trade digital currencies like bitcoin and ether.

With this partnership, TT users, comprising some of the largest futures and commodity traders in the world, will be able to view market data, submit orders, and leverage a market-leading suite of charting and automated trading tools to trade cryptocurrencies on GDAX.

“The partnership between Coinbase and Trading Technologies will provide essential trading and hedging tools across the market,” offered Adam White, General Manager of GDAX. “The offering is timed perfectly, just as futures on Bitcoin are taking form. TT provides one of the most powerful and ubiquitous tools to today’s futures trader. This, paired with GDAX’s crypto-spot market liquidity, will provide thousands of institutional investors a seamless and secure way to trade digital assets.”

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