CryptoTrading Technologies Unveils Voyager Institutional For Investors to Rival Coinbase and Circle
CryptoTrading Unveils Voyager Institutional As Glenn Barber Is Appointed As Chief Investment Officer
CryptoTrading Technologies, LLC launched a new institutional service, Voyager Institutional, this Thursday to enhance traders’ interest towards crypto exposure on over the counter (OTC) trading markets. The company has released its beta phase and will launch the full service in Q4 2018.
Voyager Institutional, a new service from CryptoTrading Technologies, LLC, was unveiled this week on Thursday by the Voyager subsidiary. The product will focus on the institutional trading customers with the retail customer registration already ongoing across the US for a few months.
This new institutional service is to assist professional investors, hedge funds, brokerages, buy-side firms and market makers. According to the release, the platform enables huge institutional investors to offer retail trading customers cryptocurrency market trading through its seamless connection to its infrastructure through dedicated APIs. This will be done without incurring transaction and commission fees.
This recent involvement of Voyager in luring institutional investment and cryptocurrency exposure to these firms will face stiff competition from already established entities like GDAX, from Coinbase and CircleTrade, from Circle. Voyager recent involvement at appealing to institutional investors shows the current trends most crypto firms are taking as more and more institutional investors accept blockchain technology. Voyager’s app will trawl through multiple cryptocurrency exchanges and trading venues to find the best buy and sell price or that is closest to the price that had been offered to the user.
Glenn Barber Appointed As Chief Investment Officer At Voyager Institutional
The new Voyager Institutional service has appointed Glenn Barber, formerly at Deutsche Bank to head the company in the role of Chief Investment Officer. Glenn has vast experience in the financial and investment industry as he served Deutsche Bank in capacity of director of equities and the co-head of the New York based sales desk app. Furthermore, Mr. Barber has a career in management across various firms in the world. The new head of Voyager Investment, has served as Managing Director at Lehman Brothers, a few investment companies around Europe and other equity positions in Asia, Europe and the Americas.
Glenn has great connections and networks within the financial industry which will help Voyager Investment move with speed in providing its services to customers. Voyager CEO and co-founder, Stephen Ehrlich commented on the recent appointment with pleasure as Glenn offers the company attributes to create optimal solutions for this critical universe of investors. CEO Voyager, Stephen Ehrlich Said:
“Glenn’s capital markets acumen and deep industry relationships are exactly what we need to create optimal solutions for this critical universe of investors. He is an accomplished relationship manager and business-builder who has a proven track record of harnessing technology to improve the client experience and bottom line.”
Stephen is a former CEO and founder of Lightspeed Financial who also previously ran the professional trading arm of online stock broker E*Trade. The head of Voyager is helped by a strong team of professionals who helped co-found Voyager, Phillip Eytan, one of the first Uber investors and co-founder of Voyager, and Oscar Salazar, former CTO of Uber and co-founder of Voyager.
The coinciding of Glenn’s appointment and the launch of Voyager Institutional arises from the immediate and increasing institutional demand that Voyager has experienced since it announced plans this summer to launch its first offering later this year – a commission-free mobile trading application for retail investors that delivers best execution via smart order routing technology.