Gate launches CrossEx, a cross-exchange trading platform, to create a unified account and clearing and settlement system.
According to CoinWorld, cryptocurrency exchange Gate.com has announced the official launch of its cross-exchange trading and clearing platform, CrossEx. This platform targets professional investors, quantitative trading teams, and institutional clients, aiming to break down operational barriers between multiple exchanges, achieve a unified account system and cross-exchange fund coordination, and improve strategy execution and capital utilization efficiency. CrossEx allows users to access major exchanges through a single account, currently supporting Gate.com, Binance, and OKX. Its underlying architecture is compatible with the financial rules of different exchanges and adopts a unified API standard, significantly reducing system access and maintenance costs. The platform supports cross-exchange margin sharing and profit/loss offsetting, and trading volume can be aggregated to optimize capital efficiency and fee structure. In terms of performance and risk control, CrossEx employs a low-latency matching and standardized clearing and settlement architecture to ensure the stable execution of high-frequency and large-volume trades. In terms of application scenarios, CrossEx is suitable for cross-exchange arbitrage and CTA strategies, enabling simultaneous order placement and liquidity allocation across multiple exchanges, providing institutions with a more efficient and transparent multi-market trading experience.