One Trading partners with Solidus Labs 18 November 2024Netherlands Reporter: Klea Neza
Image: Smile Studio AP/stock.adobe.com
One Trading has collaborated with Solidus Labs, a crypto-native compliance and security solutions provider.
Through this partnership, the companies say One Trading further strengthens its operations to meet evolving regulatory standards, enhancing projections against market abuse and supporting its readiness for the EU’s Markets in Crypto-Assets Regulation (MiCAR).
The integration of Solidus Labs’ surveillance technology aims to enable One Trading to proactively monitor and mitigate market abuse risks across its platform, ensuring a secure trading environment for its diverse client base.
One Trading is launching a MiFID II regulated OTF (Organised Trading Facility) for perpetual futures in the EU, licensed by the Dutch Authority for the Financial Markets (AFM).
The company is now pioneering a new standard as the first in the world to offer real-time (less then one minute tick-level) settlement for all derivatives positions, accessible 24/7 across all markets.
Sam Azad, head of Compliance at One Trading, says: "At One Trading, we are dedicated to reshaping how regulated financial instruments are traded in the digital age, with a focus on innovation, transparency, and enhanced protection for both eligible retail and institutional European clients.
“Integrating Solidus Labs’ technology strengthens our ability to proactively detect and mitigate market abuse, reinforcing our commitment to market integrity, and regulatory excellence."
Asaf Meir, CEO and founder of Solidus Labs, says: “One Trading’s unique model is set to redefine the EU trading landscape with a groundbreaking approach to financial instruments. Its unrivaled innovation, technology-driven solutions, and commitment to the highest regulatory standards align seamlessly with Solidus Labs’ mission to foster a safe and regulated digital asset ecosystem.
“Our cutting-edge surveillance technology precisely detects market abuse in real-time across multiple venues and products. Leveraging this capability, One Trading can proactively manage risk and future-proof its platform to meet and exceed evolving regulatory standards like MiCA, setting a new benchmark for compliant and secure crypto trading in Europe.”
NO FEE, NO RISK 100% ON RETURNSIf you invest in only one asset servicing news source this
year, make sure it is your free subscription to Asset Servicing Times
Image: Smile Studio AP/stock.adobe.com 