Mercury Liquid Introduces Algorithmic Market Making Solution for Cryptocurrency Derivatives Trading

Chicago, United States, September 16th, 2024, Chainwire

Liquid Mercury to Enhance Daler Trading’s Derivatives Market Making on PowerTrade Platform

Liquid Mercury, a front-runner in cryptocurrency trading solutions, is pleased to unveil a sophisticated algorithm destined to bolster the strategy of providing liquidity in the crypto derivatives market. Daler Trading, which specializes in dealing with digital assets, will implement Liquid Mercury’s innovative algorithm combined with their OMS platform. This will enable them to actively present quotes for Bitcoin, Ethereum and an array of 60 different altcoin options and perpetual swaps on PowerTrade, a crypto exchange with a focus on options.

“It’s an exhilarating moment to kickstart our alliance with Daler Trading and PowerTrade,” Mercury’s CEO, Tony Saliba, expressed. “The burgeoning market for crypto derivatives stands to gain from the advent of risk-willing liquidity contributors like Daler, which propels market efficiency. There’s a noticeable spike in client interest for trading vehicles beyond the significant coins, and also for additional platforms that cater to derivatives trading, thus we’re thrilled to facilitate access to PowerTrade.”

“Engaging with Liquid Mercury and PowerTrade presents an ideal synergy as each entity is dedicated to the continuous innovation of the crypto derivatives sector to ensure improved liquidity and trading experiences,” remarked Paul Anderson, CEO of Daler Trading. “We are eager to deploy Liquid Mercury’s advanced tools to generate excellent price points for the traders on PowerTrade.”

“PowerTrade is excited to incorporate Liquid Mercury, a powerhouse in trading technology geared towards institutions, and Daler Trading, a veteran in market making for professional derivative trades,” highlighted Co-Founder of PowerTrade, Mario Gomez Lozada. “Their fusion of skill and technology considerably elevates our platform by bringing institutional traders greater liquidity, top-tier trading tools, and an environment well-suited for complex trading strategies. This joint effort accentuates PowerTrade’s dedication to offering unmatched value and a premium trading environment for the institutional sector of the crypto derivatives market.”

About Liquid Mercury

Liquid Mercury serves as the go-to powerhouse for professionals entering the crypto trading domain. Favored by discerning institutional and sell-side figures, Liquid Mercury brings to the table enterprise-level infrastructure, access to copious liquidity, and leading-edge trading and workflow automation tools. Conceived and constructed by seasoned pros, Liquid Mercury caters to the exacting needs of the professional trader. Dive into the world of Liquid Mercury by checking out www.liquidmercury.com.

About Daler Trading

Headquartered in Gibraltar, Daler Trading is an adept digital asset market maker, extending liquidity and market-making services for a diverse span of digital assets. Engaging with over 30 centralized and decentralized exchanges, Daler Trading is committed to cultivating market fluidity and propelling the digital asset environment. Discover more at dalertrading.com.

About PowerTrade

PowerTrade stands as a premier crypto options exchange, providing the industry’s broadest variety of altcoin option markets, with a portfolio of over 60 altcoin option segments. The platform affords institutional firms and professional traders unparalleled exposure to the crypto derivatives arena with an extensive offering of over 60,000 option products.

PowerTrade’s platform masterfully merges RFQ (Request for Quote) mechanisms and order book liquidity, ensuring optimal pricing and abundant liquidity. Its users reap the benefits of SPAN portfolio margining and multi-collateral support, providing them with the ability to deploy intricate strategies while maximizing capital efficiency.

For further details, visit Power.Trade, follow PowerTrade on Twitter via their handle, or get in touch with Bernd Sischka at [email protected].

Contact

Chief Commercial Officer
Ryan Hansen
Liquid Mercury
[email protected]