BTC Markets is an Australian cryptocurrency exchange (the whole team is located there), which is 100% privately Australian. The BTCMarkets marketplace is where users are trading with other users on the site, and the price is influenced by the supply and demands of the buyers and sellers on the exchange. The price shown in the interface is the last price a buyer and seller agreed to exchange it. The BTCMarkets team has shifted their focus to add more popular trading pairs in order to give volume and depth to their trading offerings.