AMSTERDAM & GRAZ, November 14, 2023 – Amsterdam-based digital asset liquidity provider, Hyphe, has integrated with the leading institutional order management system, Trever, whose clients can now gain access to Hyphe’s proprietary liquidity pool and extensive digital asset inventory.
Hyphe has integrated with Austria-headquartered Trever to provide highly-regulated, low-risk digital asset liquidity to the financial institutions who use Trever’s order management system (OMS) to handle their trading activity. Clients include banks, brokers and asset managers. Hyphe is registered with the Dutch national bank (DNB); the company’s German subsidiary recently received a securities trading licence from Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), which brings the highest standard of regulatory supervision available in Europe – a priority for traditional banks entering the digital asset space for the first time.
Trever provides clients with a seamless trading, order, and execution management system, allowing financial institutions large and small to operate retail brokage platforms, innovative investment products, and complex algorithmic trading strategies, all via a single user interface.
For clients integrated with Trever, Hyphe now offers a chance to trade independently of exchanges, significantly reducing counterparty risk. Hyphe’s proprietary price discovery technology, Clear-Calculus, determines the fair market price for assets, 24/7, and forms the basis of Hyphe’s banking-grade Best Execution Policy. Meanwhile uptime on the platform is assured at over 99.5%.
Dolf Diederichsen, Hyphe Co-Founder & CEO: “Many financial institutions don’t want to build their own internal order management system, but instead look for a trusted software provider to orchestrate and execute digital asset trades. Trever’s service is state-of-the-art and highly reliable. I’m very pleased Hyphe is now integrated on the platform and able to provide the deep liquidity that Trever’s clients need to operate their own digital asset products and services.”
Hans-Jürgen Griesbacher, Trever Co-Founder & CEO: “I’m delighted to welcome Hyphe onto the Trever platform. Their solution is already proving popular with our existing clients, who appreciate the reliable pricing and banking-grade availability. I look forward to extending Hyphe’s digital asset coverage to new clients keen to benefit from our tried-and-tested trading infrastructure.”