Institutional traders are constantly seeking innovative solutions that enhance execution efficiency, reduce risk, and unlock deeper liquidity. Today, we’re proud to announce a strategic collaboration designed to deliver exactly that: our new partnership with Hidden Road Partners, a leading global credit network for institutional market participants. This integration empowers Hidden Road’s prime brokerage clients with seamless access to advanced trading capabilities on our platform—specifically through the integration of Nitro Spreads, our sophisticated venue for executing basis trades, futures spreads, and funding rate arbitrage strategies.
This alliance marks a significant step forward in bridging institutional infrastructure with next-generation trading tools. By embedding Nitro Spreads into Hidden Road’s prime brokerage ecosystem, we’re enabling qualified institutions to execute complex, multi-leg strategies with greater speed, certainty, and capital efficiency.
👉 Discover how institutional traders are unlocking new execution possibilities.
Enhanced Execution for Institutional Clients
At the heart of this partnership is the seamless delivery of deep, reliable liquidity and guaranteed execution mechanics. Hidden Road’s institutional clients now gain on-demand access to a powerful suite of trading advantages:
- Deep liquidity pools for both makers and takers across major derivatives markets
- Leg risk elimination: All orders on Nitro Spreads are atomic—meaning they either fill completely across all legs in matched quantities or not at all
- Pre-trade spread certainty: Traders can lock in exact spreads before execution, significantly reducing slippage risk
- Instant matching and settlement: Trades are executed and settled in real time, improving capital turnover
These features are particularly valuable for strategies like delta rolls, cross-exchange arbitrage, and basis trading—where timing, precision, and counterparty reliability are critical.
The integration ensures that institutions no longer need to navigate fragmented liquidity or manage multiple counterparties to achieve optimal fills. Instead, they can leverage a unified, low-latency environment built for high-performance trading at scale.
Powering Advanced Strategies with Nitro Spreads
Nitro Spreads has emerged as one of the most dynamic venues for structured derivatives trading. In March 2024 alone, monthly futures spreads trading volume surged to nearly $5 billion, marking an all-time high and underscoring strong institutional demand for efficient spread execution tools.
To further enhance usability, we recently introduced Quick Trading mode on Nitro Spreads. This feature allows users to instantly select the “Top of Book” on any spread or side with just a double-click—eliminating manual order entry and reducing latency during fast-moving markets. For time-sensitive strategies, this small change delivers outsized impact.
This growth isn’t accidental. It reflects our ongoing commitment to refining the institutional experience—offering not just infrastructure, but intelligent tools that align with real-world trading workflows.
👉 See how traders are leveraging advanced execution tools to optimize performance.
Why This Partnership Matters
In today’s competitive landscape, prime brokers must offer more than custody and financing—they need to provide differentiated trading access and risk-mitigated execution venues. By integrating Nitro Spreads into its service stack, Hidden Road strengthens its value proposition by delivering:
- Reduced operational friction in executing multi-leg trades
- Improved capital efficiency through guaranteed fills and faster settlement
- Greater transparency in pricing and execution outcomes
For institutions navigating volatile markets or deploying systematic strategies, these benefits translate into measurable improvements in performance and risk control.
Moreover, this collaboration exemplifies a broader trend: the convergence of decentralized-style innovation with traditional financial infrastructure. As institutions increasingly adopt digital asset strategies, they require platforms that combine institutional-grade reliability with cutting-edge functionality—precisely what this partnership delivers.
Core Keywords Driving Institutional Adoption
This initiative is built around several key themes shaping modern digital asset trading:
- Institutional trading
- Prime brokerage services
- Futures spreads
- Basis trading
- Liquidity access
- Execution efficiency
- Delta roll strategies
- Slippage reduction
These keywords reflect both user search intent and the evolving needs of professional market participants. Whether traders are searching for ways to minimize leg risk or optimize funding rate arbitrage, the integration of Nitro Spreads addresses core pain points with scalable solutions.
Frequently Asked Questions
What types of trades can be executed via Nitro Spreads?
Nitro Spreads supports basis trades, futures calendar spreads (e.g., front-month vs. next-month contracts), and funding rate arbitrage strategies. These are ideal for traders looking to capitalize on price discrepancies between related markets with minimal execution risk.
How does the guaranteed fill mechanism work?
All orders on Nitro Spreads are atomic: if you place a two-legged spread order (e.g., long June BTC futures / short July BTC futures), both legs will either fill simultaneously in equal size or not at all. This eliminates partial fills and reduces exposure to leg risk.
Is this integration available to all Hidden Road clients?
Yes, eligible institutional clients of Hidden Road Partners gain immediate access to Nitro Spreads as part of their prime brokerage offering. Access is subject to standard eligibility and compliance requirements.
Can I use this for delta roll strategies?
Absolutely. The guaranteed spread execution and instant settlement make Nitro Spreads particularly well-suited for delta rolling—allowing traders to efficiently shift positions between expiring and next-term contracts without market exposure during transition.
How is pricing determined on Nitro Spreads?
Pricing is derived from real-time order books across integrated markets. Users can view available spreads and choose to execute at the displayed price, ensuring full transparency before committing capital.
What makes this different from traditional OTC desks?
Unlike OTC desks that rely on manual quoting and counterparty negotiation, Nitro Spreads offers a programmatic, automated venue with transparent pricing and guaranteed execution—combining the flexibility of OTC with the efficiency of exchange-like mechanics.
👉 Explore a new standard in institutional-grade trading execution.
Looking Ahead
This partnership with Hidden Road represents more than a technical integration—it’s a commitment to advancing the infrastructure that powers professional digital asset trading. As market demands evolve, so too must the tools available to institutions.
With deep liquidity, innovative features like Quick Trading mode, and now seamless access via leading prime brokers, Nitro Spreads is setting a new benchmark for how complex derivatives strategies are executed in the digital asset space.
We remain focused on expanding our institutional ecosystem—delivering performance-driven solutions that meet the highest standards of reliability, security, and scalability.
Disclaimer: This content is for informational purposes only and may cover products unavailable in certain regions. It does not constitute investment advice, an offer to buy or sell assets, or financial, legal, or tax guidance. Digital asset trading involves significant risk. Please consult your professional advisor before making any decisions.