TP ICAP's Fusion Digital Assets Gains 4OTC Low-Latency Connectivity for Crypto Liquidity
4OTC has integrated
its Libre Liquidity Bridge with TP ICAP’s Fusion Digital Assets exchange,
allowing liquidity providers to stream spot cryptocurrency liquidity to the
venue. London's trading industry is coming home! The integration
follows TP ICAP’s expansion of Fusion Digital Assets under its matched
principal model. In April, Finance Magnates reported that crypto market maker B2C2 had joined the venue as a
liquidity provider
under the new structure. Separately, 4OTC’s Libre Liquidity Bridge was
connected to LMAX Exchange in 2024 to support low-latency FX liquidity streaming. Fusion Digital Assets Expands Crypto
Coverage The connection gives
liquidity providers a route to Fusion Digital Assets without requiring them to
develop a direct exchange API connection. 4OTC said its technology supports
low-latency price distribution and execution. Under the matched
principal model, participants can trade without prefunding and face TP ICAP as
the intermediary. The structure is intended to reduce counterparty and
operational requirements while improving capital efficiency for participants. The model also
supports an expansion of the assets and currencies available on Fusion Digital
Assets. The exchange plans to add USDC and SOL,
alongside further fiat currency pairs and, in the future, tokenised real-world
assets. Alexis Atkinson,
Co-Founder at 4OTC, said the connection was part of the firm’s work to provide
connectivity infrastructure for institutional digital asset trading. Atkinson said,
“Digital asset trading is maturing fast,” adding that the company’s focus was
on providing institutional participants with “trusted and reliable connectivity
infrastructure”. TP ICAP Outlines Digital Asset
Connectivity Alongside the asset
expansion, the venue is extending its operating hours in response to
institutional demand. Trading will move from 23 hours a day, five days a week,
to continuous weekday trading, with weekend coverage planned for a later stage. Chay Pollard, Director
of Digital Assets Electronic Broking at TP ICAP, said the partnership would
allow liquidity providers to connect to Fusion Digital Assets through 4OTC’s
Libre service “without the need to undertake any exchange API development work”. Pollard added that the
partnership reflected TP ICAP’s focus on bringing the “standards, connectivity
and market structure of traditional wholesale markets into digital assets.”
This article was written by Tareq Sikder at www.financemagnates.com.