Share this article
BTC
$83,460.50
-
0.39%ETH
$1,804.16
-
1.01%USDT
$0.9998
+
0.02%XRP
$2.1439
+
0.38%BNB
$592.68
-
0.78%SOL
$120.00
-
1.81%USDC
$1.0002
+
0.03%DOGE
$0.1686
-
1.37%ADA
$0.6533
-
1.71%TRX
$0.2367
-
0.79%LEO
$9.1244
-
0.66%LINK
$12.81
-
1.44%TON
$3.2565
-
4.31%XLM
$0.2520
-
3.33%AVAX
$17.80
-
2.48%SHIB
$0.0₄1231
-
0.54%SUI
$2.2027
-
2.22%HBAR
$0.1621
-
1.53%LTC
$82.52
-
2.51%OM
$6.2837
+
0.29%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Crypto Trading Firm Wintermute Plugs Into CoinRoutes Smart-Order Routing System
CoinRoutes won a patent in February for a “cryptocurrency smart-order router” designed to help trading firms reduce the costs of storing large reams of historical data.
Wintermute, a London-based crypto trading firm and liquidity provider, said it has integrated with CoinRoutes, a startup that aims to help crypto hedge funds and other investors get the best price on trades.
The integration “will allow CoinRoutes customers to benefit from greater choice and flexibility in terms of the liquidity providers they can access through the platform,” according to a statement from Wintermute.
STORY CONTINUES BELOW
In February, CoinRoutes won a U.S. patent for a “cryptocurrency smart-order router” that lets trading clients use their own servers, but with reams of data on historical crypto trades stored on regional servers. The setup allows traders to avoid the cost of storing the data on their own servers, a price tag that can reach $25,000 in some cases, co-founder Dave Weisberger told CoinDesk in March.
“Our deep liquidity, combined with CoinRoutes smart-order routing will help market participants achieve a higher quality of trading and more efficient execution," Marina Gurevich, chief operating officer of Wintermute, said in the statement.
Bradley Keoun
Bradley Keoun is CoinDesk's managing editor of tech & protocols, where he oversees a team of reporters covering blockchain technology, and previously ran the global crypto markets team. A two-time Loeb Awards finalist, he previously was chief global finance and economic correspondent for TheStreet and before that worked as an editor and reporter for Bloomberg News in New York and Mexico City, reporting on Wall Street, emerging markets and the energy industry. He started out as a police-beat reporter for the Gainesville Sun in Florida and later worked as a general-assignment reporter for the Chicago Tribune. Originally from Fort Wayne, Indiana, he double-majored in electrical engineering and classical studies as an undergraduate at Duke University and later obtained a master's in journalism from the University of Florida. He is currently based in Austin, Texas, and in his spare time plays guitar, sings in a choir and hikes in the Texas Hill Country. He owns less than $1,000 each of several cryptocurrencies.
