In this episode of The Flow, host Konstantin Shulga, CEO and Co-Founder of Finery Markets, sits down with Tom Higgins, CEO of Gold-i, to discuss the evolution of trading technology in both FX and crypto markets. Tom reflects on his journey from working in traditional finance to founding Gold-i in 2008, sharing insights on building cutting-edge technology for brokers and liquidity providers. They cover how the FX space has evolved and how similar trends are now shaping the crypto world.
Tom and Konstantin explore the challenges posed by crypto’s fragmented market structure, the increasing importance of prime brokerage models, and the difficulties faced by early crypto exchanges in providing reliable liquidity. Tom also shares his views on the future of last-look liquidity, the rise of market makers, and the ways in which technology has had to adapt to meet institutional demands.
This episode offers a deep dive into the parallels between the FX and crypto markets, the impact of no-last-look execution, and the ways trading platforms are evolving to meet the growing needs of institutional players.
Books mentioned in the episode:
1. The Hitchhiker's Guide to the Galaxy by Douglas Adams
2. No Bullshit Strategy by Alex Smith
The Flow by Finery Markets
In this branded podcast series, we dive into the exciting world of institutional crypto trading. Each episode explores the currents shaping the digital asset markets, offering listeners a unique blend of expert insights, industry trends, and forward-thinking strategies. Hosted by Finery Markets' thought leaders and featuring a roster of distinguished guests from across the financial and technological landscapes, The Flow navigates through the complexities of electronic trading infrastructure, regulatory landscapes, and the evolving dynamics of liquidity and market making.
About Finery Markets
Finery Markets, a premier non-custodial crypto ECN, provides cutting-edge trading infrastructure for institutional players in over 30 countries. We seamlessly connect clients across LATAM, North America, Europe, Asia, and Africa. Our goal is to power trading technology behind world's leading brokers, exchanges, OTC desks, payment providers and custodians.
Since our launch in 2019, we have been growing our ecosystem, serving 100+ digital asset players, including payment providers, brokers, OTC desks, hedge funds, and custodians. We connect digital asset players and provide them with seamless access to a vast network of partners, enabling them to navigate their operations smoothly and efficiently.
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