DXtrade has partnered with Sage Capital Management to provide cryptocurrency liquidity to brokers, with the aim of providing better trading conditions and efficient settlement for brokers and their clients.

Enhancing Cryptocurrency Liquidity

Sage Capital Management provides institutional-grade cryptocurrency spot and perpetual liquidity, with a focus on priority execution and competitive pricing. Under the agreement, all trades will be centrally managed with pre-agreed margins for all digital assets, both exchange-traded and spot, streamlining the trading process and increasing efficiency.

Jon Light, Head of OTC Trading Platforms at Devexperts, said: "This is a huge win for our clients. We have been working hard to enhance our cryptocurrency liquidity services and wanted to secure a partner with a solid and outstanding service to continue to achieve this."

The DXtrade platform was developed by Devexperts and features tools such as trading logs, performance dashboards, responsive charts and a user-friendly interface. In addition, DXtrade offers mobile trading apps for Android and iOS, giving traders the flexibility to manage their investments.

Last month, FXCubic integrated DXtradet to enhance its services. The trading connectivity solutions provider is looking to enhance its brokerage services by combining its liquidity provision services with DXtrade. Risk Management Risk management is one of the most common terms used by brokers and refers to the practice of identifying potential risks in advance. Most commonly, this also involves risk analysis and risk management.

DXtrade Expands Services

Earlier this year, DXtrade also formed a partnership with TradingView to improve the services offered to broker partners and traders. The partnership gives brokers using DXtrade direct access to the trader community and TradingView charting capabilities.

In addition, Devexperts has integrated BizCuits, a provider of trading and risk management tools, IT, customer service, payment processing and marketing solutions for the FX and CFD industry, into DXTrade, enabling both platforms to support prop trading firms and CFD brokers.

Devexperts licenses DXtrade to brokers and prop trading firms, and the trading platform's partnership with BizCuits comes at a time when demand for trading platforms for prop trading is on the rise.