Matrixport Collaborates with Trading Software Platform SignalPlus To Offer Actionable Market Analytics

CIOTechOutlook Team | Tuesday, 18 April 2023, 11:31 IST

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Announcing a landmark partnership, Matrixport, a leading global provider of financial services for digital assets, and SignalPlus, a market-leading platform for options analytics and advanced trading, will give Matrixport Prime customers access to SignalPlus' all-in-one dashboard through Matrixport Prime account credentials.
 
With the use of derivatives like options, institutional investors will have a tremendous opportunity to create sustained yield thanks to this new relationship.  
 
Daniel Egloff, Head of Prime Brokerage, Matrixport, said, "We are seeing increasing institutional adoption of crypto options. Matrixport Prime Brokerage clients, such as crypto hedge fund and asset managers, will benefit from a sophisticated options trading platform and market analytics, enabling them to devise complex trading strategies and take full advantage of the crypto derivatives market. "
 
SignalPlus offers all the reliable statistics and cutting-edge trading features necessary for successfully harvesting alpha with cryptocurrency options.
 
Chris Yu, the CEO and co-founder of SignalPlus said, "We have always believed in the potential of the crypto options market and that professional investors require advanced and sophisticated tools to navigate this rapidly evolving landscape. That is why we are thrilled to announce our collaboration with Matrixport, a company that shares our vision for the future of cryptocurrency derivatives. We believe that this collaboration will bring immense value to both of our client sets."
 
The agreement comes at a time when, according to Glassnode, open interest in bitcoin options contracts has surpassed that in futures contracts for the first time.
 
One of the biggest and most reliable financial services ecosystems for digital assets is Matrixport. Prime brokerage, Cactus CustodyTM, spot OTC, fixed income, structured products, loans, and asset management are among the services offered by the organisation. In Asia and Europe, Matrixport provides services to over 800 institutions in addition to individuals.
 
Access to well-known exchanges with top-notch fee levels, a wide selection of tokens for leveraged borrowing, and a comprehensive online interface to manage the whole lifecycle of your loan activities at a reasonable price are all provided by Matrixport Prime Brokerage.