Back to Blog

ZagTrader and BeQuant Team Up to Help Institutions Go Crypto

Institutional order management platform ZagTrader has inked a deal with cryptocurrency trading company BeQuant. The partnership builds on the current relationship between the two companies to enable institutional investors – including market makers, quant desks and active traders – to access cryptocurrencies using the Financial Information Exchange (FIX) and robust APIs.

“Over the years, ZagTrader focused on delivering an end-to-end regulatory compliant platform to clients in the traditional market space,” company CEO Shihab Khalil said. “As regulators become more involved in the crypto space, ZagTrader is ready to deploy with all the bells and whistles to keep the client’s business running smoothly and the regulators satisfied.”

ZagTrader demonstrated its technology at FinovateMiddleEast last year. A specialized fintech that serves clients in the brokerage, investment banking, capital markets, and asset management industries, ZagTrader provides a platform that supports front, middle, and back office operations; global feeds; order management; as well as mobile and online trading. Advanced real-time analytics, market intelligence insights, and algorithmic trading  are among the platform features that help users get the best possible trade execution and performance.

BeQuant CEO George Zarya pointed to a growing interest in cryptocurrencies from institutions despite recent price pressures in the digital asset market, and said that working with ZagTrader will help them make the most of this reality. “This partnership will allow us to further engage with the institutional investment market, providing an increased quality of service for ZagTrader’s community and improved access to the numerous crypto assets available,” Zarya said.

Headquartered in Dubai, UAE, ZagTrader was founded in 2009. Last fall, the company reported that the number of crypto exchange destinations covered by its platform had climbed to more than 130. ZagTrader also announced last fall that investment solution provider Bitbloxx would go live with its cryptocurrency order management solution.

Other partnerships forged in the second half of 2018 included a deal with Digital Gamma that expanded the company’s reach into the U.S., market, and a partnership with TickerChart announced in September.