Mercury Digital Assets

An alternative trading system (ATS) is a broker-dealer-operated securities venue that matches buyers and sellers without registering as a national securities exchange. It can provide controlled access, specialized liquidity, or trading workflows outside a public exchange order book.

The page compares alternative trading systems (ATSs) with national securities exchanges, noting that both match buy and sell orders and are regulated by the SEC.

The page discusses institutional digital asset trading platforms and compares them by execution workflow, RFQ and stablecoin support, liquidity access, risk controls, settlement model, and RWA readiness.

Liquid Mercury LLC announced that BitGo Inc. and BitGo Bank & Trust, N.A. will serve as its Crypto-as-a-Service provider.

Liquid Mercury's Trading Infrastructure to Power New Sports-Focused Investment Marketplace for CVP

Third-party analyst coverage of Liquid Mercury's institutional trading infrastructure, product suite, and market positioning.

Liquid Mercury builds digital asset trading infrastructure for OTC desks, market makers, and asset issuers. Founder and CEO Tony Saliba is a former CBOE floor trader, and the company is headquartered in Chicago.

Tony Saliba is a derivatives trader with over 40 years of experience. Tony was a CBOE floor trader, founded fintech companies with multiple nine-figure exits, and received the U.S. Options Lifetime Contribution Award.

The company traces its roots to Chicago's trading ecosystem, from the floors of the Chicago Board of Trade to building technology for modern markets. It brings decades of institutional expertise to digital assets.

The company routes inquiries to the appropriate team and replies within one business day.

Integrated with the venues and custodians institutional desks already trust