Digital asset trading platform Bitfinex has launched Bitfinex Terminal, a real time market data feed for algorithmic trading. The new service, which is available via the open source protocol Dazaar, allows users to backtest trading ideas and execute trading strategies. Users can also sync and share trading data and trading signals, utilising Dazaar’s peer-to-peer network. […]
Bitfinex, Tether, and their related entities today released a statement rejecting what they call “blatantly false allegations” made in an amended consolidated class action lawsuit filed in the Southern District of New York (SDNY) on January 8, 2020. Created in 2014, Tether launched as a digital token linked 1:1 with the US dollar (USD₮). The […]
Digital asset exchange Bitfinex, and Koine, a digital asset custody provider, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. Koine customers gain access to a post trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for […]
Digital asset exchange, Bitfinex, and digital asset custody provider, Koine, have launched an institutionally oriented post-trade service, enabling investors to mitigate counterparty risk and the use of private keys in the clearing and settlement of cryptocurrencies. Koine customers gain access to a post-trade solution from a business licensed by the UK’s Financial Conduct Authority, a service specifically designed for institutional […]
Digital asset trading platform Bitfinex has onboarded Fulgur Alpha, a $280 million Bahamas-based absolute returns crypto hedge fund. The launch on Bitfinex will put the fund among the three biggest on the exchange. Fulgur Alpha is accessible only to professional investors. Fulgur Alpha’s assets are held at Delchain Limited, a licensed provider of custody, banking, […]
Sponsored content Cryptocurrency performance continues to attract attention from institutions such as banks, hedge funds, asset managers and family offices. In fact, dedicated cryptocurrency funds returned more than 16 per cent in 2019, according to a survey from Eurekahedge, which contrasts with a traditional hedge fund strategy yield of 10.4 per cent, according to Hedge […]
Sponsored Content Earlier this year, it was announced that banks, brokers and hedge funds wanting to offer digital assets to their client base could partner with Market Synergy for institutional standard cryptocurrency connectivity and security and take a FIX feed or ISP link to Bitfinex’s digital asset gateway. In this article we catch up with […]
Swiss-based Market Synergy, a new business formed as part of the FXecosystem group, says it is now offering connectivity to cryptocurrency exchange Bitfinex.
In addition to providing outsourced connectivity and hosting services to Bitfinex, Market Synergy says it can also manage co-location services for Bitfinex’s institutional clients and offer a FIX feed and ISP link to the digital asset gateway which Bitfinex recently launched in collaboration with Connamara.
The firm says as the demand for cryptocurrency trading gathers momentum, it spotted a gap in the market for an institutional calibre cryptocurrency connectivity offering.
As more financial services firms look for ways to utilise blockchain technology within their infrastructures, Galen Stops examines whether the technology is really as safe as advocates claim, following two high-profile hacks earlier this year.
“Cyber and system security is one of the most important issues facing markets today in terms of integrity and financial stability,” said Commissioner Christopher Giancarlo of the Commodity Futures Trading Commission (CFTC) on September 8, when approving system safeguard requirements for derivatives clearing organisations.
Giancarlo is hardly alone in his concerns.