Announcing the SFOX Crypto Dark Pool — SFOX Edge

The Problem: Big Trades Can Move the Market

A large buy or sell order-say, 500 BTC-risks moving the market against itself. If that kind of quantity suddenly appears on an order book, it has the potential to constitute a buy or sell wall all on its own, pressuring the price of the asset in the opposite direction as other market participants place maker orders closer to the top of the order book than the wall in order to stand a chance of actually getting filled.

The Solution: Fully Hidden Orders on the SFOX Crypto Dark Pool

SFOX’s new crypto dark pool is a fully covert source of liquidity. The orders posted to it aren’t discoverable on any order book or API datastream . When traders looking to buy or sell a large amount of BTC or another cryptocurrency post to the crypto dark pool, their order will execute just in case another order in the crypto dark pool matches with it, mitigating the risk of the market moving in response to one’s order.

  1. Strict Privacy and Trade Anonymously. Nobody can see into the darkpool. Whether they are a user or liquidity provider, the dark pool is completely hidden.
  2. No Slippage. Trade large block orders without slippage. Keep your objectives private from the public market and execute your entire order at your intended price.
  3. All the upside of dark pools with none of the downsides. Our advanced orders like Sniper, Polar Bear, and Gorilla will place your order in the dark pool while at the same time interact with the market.
  4. Everyone benefits, even the taker orders. If you’re placing a taker order on SFOX, your order will now automatically look at both SFOX’s integrated order book SFOX’s crypto dark pool when finding the best execution opportunities. That means your SFOX account now has access to a new source of liquidity in addition to all leading cryptocurrency exchanges and OTC desks-and this new source, by design, houses some of the largest crypto orders you’ll find anywhere.
  5. No additional cost. That’s right: you don’t pay one sat extra for using the dark pool.

How to Use the SFOX Crypto Dark Pool

You can use the crypto dark pool by using SFOX’s , , or Gorilla advanced order types. They automatically work with the dark pool and will route your orders to the best possible exchange.

Like a Whisper in the Night

The last thing a sophisticated crypto trading strategy needs is to accidentally undermine itself by telegraphing its moves across the market. With SFOX’s crypto dark pool, you can count on making your crypto trades undetected, no matter how large they are.

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SFOX

SFOX

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The first crypto prime broker for sophisticated traders and institutional investors.