Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

35820

Taurus TDX goes live with GMEX matching engine

RELATED TOPICS​

Taurus SA (Taurus), a digital asset infrastructure provider in Europe, has adopted GMEX trading technology to support the Taurus Digital exchange (TDX), its newly launched independent regulated marketplace for digital assets.

Taurus SA (Taurus), a digital asset infrastructure provider in Europe, has adopted GMEX trading technology to support the Taurus Digital exchange (TDX), its newly launched independent regulated marketplace for digital assets.

 

Taurus received a securities firm license from the Swiss Financial Market Supervisory Authority FINMA to operate TDX, as an organised trading facility according to Swiss law. The marketplace connects banks, issuers and investors to exchange any digital asset, and meets the increasing demand to access an open and independent infrastructure for tokenised securities, cryptocurrencies, art, real-estate and other assets.

 

TDX utilises the GMEX exchange trading and market surveillance solutions, key components of the GMEX Fusion technology suite which is deployed and trusted by multiple international regulated financial institutions across the globe. Banks and other trading participants can connect to TDX through standard FIX connectivity and access digital asset segments of their choice.
 
GMEX’s exchange trading platform, with its integral high performance matching engine, facilitates TDX support for the operation of both highly liquid instruments and less liquid auction-based and request-for-quotes systems. It is fully integrated into the Taurus 24/7 blockchain node infrastructure and technology stack which encompasses digital asset token issuance, a secure storage solution, and supports any type of smart contracts issued on Ethereum or Tezos.
 
Hirander Misra, CEO of GMEX Group, says: “We are delighted to add TDX to our client base, as we are continually embracing innovation and looking for ways to integrate our institutional grade digital exchange technology with the latest market opportunities”. He added “TDX meets the increasing demand from banks and issuers to access an open and independent regulated market infrastructure for tokenised securities and private assets.”
 
Sébastien Dessimoz, Managing Partner and co-founder at Taurus, says: “We are excited to have gone live with TDX to offer market players unparalleled levels of flexibility with regards to digital asset issuance and secondary trading in a regulated environment.” He continued “Integrating the GMEX exchange trading technology into the Taurus technology stack allows TDX to offer an enterprise grade financial market infrastructure solution for digital assets with tried and tested state-of-the-art technology.”


Did you like this article? We’re holding an online digital assets summit on 10 June. Click here to claim your place…

Latest News

MainStreet Partners has released its latest quarterly GSS Bonds report “Summer Edition”. This edition of..
Pension and insurance firms have backed a public-private blended finance model to help navigate investment..
MSCI has announced the launch of MSCI Private Capital Indexes, writing that with growing investor..

Related Articles

Rod Ringrow, Invesco
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to emerging markets, according to the twelfth annual Invesco Global Sovereign Asset Management Study...
Geopolitical tension has surpassed inflation as the primary concern of sovereign investors and is prompting greater interest in allocating to..
Green energy
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six months, according to research from Bloomberg...
2024 has been the strongest ever year for green bond sales, with deals topping USD356 billion in the first six..
infrastructure headline
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the UK’s growth ambitions...
The new Labour government has launched a GBP7.3 billion National Wealth Fund which will target private capital to support the..
Tom McPhail, lang cat
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a widely predicted Labour win...
Today’s news of a landslide victory from the UK’s Labour party, finds that the markets had mostly factored in a..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by