Raven is already active on the EDX platform, providing support for spot trading and price execution. By pairing their respective technology stacks, the two firms intend to improve market efficiency for institutional investors who require reliable, low-latency performance. EDX, which operates a central limit order book, maintains a separation between trading and custody to mitigate risk for its members.
In section Releases
EDX Markets Adds High-Frequency Trader Raven to Boost Liquidity
Chicago-based digital asset exchange EDX Markets has integrated proprietary trading firm Raven into its institutional venue, aiming to deepen market liquidity and refine price discovery. The partnership combines EDX’s non-custodial trading structure with Raven’s high-frequency capabilities to support the exchange’s expansion among sophisticated institutional participants.
Tony Acuña-Rohter, CEO of EDX Markets, noted that the inclusion of specialized liquidity providers is critical for building resilient trading environments. Petar Kostov, co-founder of Raven, stated that the professional infrastructure at EDX aligns with his firm's operational requirements. Founded in 2023 by former Wintermute executives, Raven currently operates from Milan and Sofia, backed by investors including Coinbase Ventures and Hack VC.
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