According to Crowdfund Insider, digital asset technology company Crossover Markets and digital asset trading agency technology provider Talos announced that Crossover's CROSSx crypto exchange has been integrated with the Talos trading platform and joined Talos' existing supplier network. CROSSx is said to be the first ECN (Electronic Communication Network) integrated with Talos.
Through the integration, Talos users will “be able to access CROSSx’s customized liquidity, high-speed trade execution, and tight bid-ask spreads. CROSSx not only seeks to reduce transaction costs, but also seeks to reduce market impact in the process, a key metric that Talos provides to clients in its post-trade analytics suite.”