Broctagon Deploys NEXUS 2.0 Aggregation Engine to Enhance Crypto Exchange Liquidity

Multi-asset liquidity provider Broctagon Fintech Group today announces the deployment of its NEXUS 2.0 aggregation engine in the multi-currency digital assets exchange BTSE. The collaboration will enhance crypto liquidity for the exchange through NEXUS 2.0, Broctagon’s proprietary crypto liquidity aggregation and Straight-Through Processing (STP) engine.

Through the NEXUS 2.0 framework, BTSE can directly connect to the world’s largest crypto liquidity network, raising its liquidity pool to the level of top-tier exchanges. Access to this network means that traders on BTSE can directly execute the best bid/ask price quotes provided via Smart Order Routing within the combined liquidity pool of the industry’s largest exchanges.

Since its deployment of NEXUS 2.0 in December 2020, BTSE has experienced a notable eight-fold increase in trading volume, with more than 10,000 trades made across six crypto markets within the first month.

Liquidity remains a big challenge in cryptocurrency trading and no single exchange allows traders to access the entire crypto market with unified price discovery. With NEXUS 2.0’s aggregated orderbook, globally-sourced best prices are now made possible.

Broctagon’s inspiration for NEXUS 2.0 comes from their background in FX. The STP engine framework functions in a similar fashion to the FX markets’ interbank liquidity. The aggregator also works like a hub complete with hedging functions and risk management models.