Tag: Cryptocurrency

Cryptocurrency

Bitcoin: Short Term Spurious Correlation or a Proper Safe Haven?

Chris Wittenborn, director of business development for Velocity Markets, analyses whether or not Bitcoin can really be considered as a safe haven asset. As the new year dawned, war tensions jumped and investors turned to “safe havens” to protect assets and find speculative alpha. During this time, gold – the traditional port in a storm […]

ErisX Announces Partnership with Etale

ErisX has partnered with Etale, a firm that offers market data, exchange connectivity, order management and accounting capabilities for firms trading digital assets. Members of ErisX will now be able to view real-time market data, and manage account balances and order execution via a secure connection using either Etale’s front end or API. “We want […]

BIS Shows Progress on Issuing Digital Currencies

A new survey from the Bank for International Settlements (BIS) shows that some central banks are creeping towards issuing their own digital currencies. A total of 66 central banks responded to the latest survey, which was conducted last year, representing 21 advanced economies and 45 emerging market economies, covering 75% of the world’s population and […]

GCEX Partners with PrimeXM

GCEX, a digital asset and currency trading platform, has successfully integrated with PrimeXM’s XCore, a low-latency aggregation, risk management and reporting trading system. The PrimeXM partnership will allow participants of the XCore community to access GCEX liquidity. XCore is installed and managed by PrimeXM’s infrastructure in the LD4, NY4 and TY3 Equinix data centres. Lars […]

Central Bank Group to Assess the Case for Digital Currencies

Six central banks, along with the Bank for International Settlements (BIS), have created a group to assess the potential use cases for a central bank digital currency (CBDC) in their home jurisdictions. The central banks involved in the group are: the Bank of England (BoE), the Bank of Japan (BoJ), the European Central Bank (ECB), […]

Bitcoin Options Go Live on CME

Options on bitcoin futures are now available on CME’s Globex platform. “Based on actively traded Bitcoin futures, our new contract offers a cost-efficient tool to hedge uncertain markets,” says CME in a release issued today. The exchange group adds that these options will provide a new way for traders to diversify their trading strategies and […]

AlgoTrader Completes Series A Funding Round

AlgoTrader, a Swiss-based firm offering algorithmic trading software solutions for quantitative hedge funds trading equities, FX, derivatives and cryptocurrencies, has completed a CHF 3.7 million ($3.81 million) round of financing from institutional investors. The firm says that this series A funding round was led by a global tier one bank, but is declining to disclose […]

GCEX Partners with oneZero

GCEX, a digital asset exchange launched last year, has partnered with oneZero Financial Systems in order to offer its liquidity services to a wider client base. This partnership allows participants of oneZero’s EcoSystem access to GCEX liquidity, which includes cryptoassets and FX. The oneZero EcoSystem is a distribution channel of multi-asset class liquidity that encompasses […]

State Street Announces Digital Asset Pilot with Gemini

State Street has announced a new digital asset pilot in collaboration with Gemini Trust Company, a cryptocurrency exchange and custodian. The pilot is looking to combine Gemini’s custody services with State Street’s back office reporting. Initially, it will perform reporting scenarios on users’ cryptocurrency holdings within Gemini Custody, but it can be adapted to report […]

LedgerX Founders Placed on Administrative Leave

LedgerX co-founders and senior executives, Paul Chou and Juthica Chou, have been placed on administrative leave by the board of directors of the platform’s parent company, Ledger Holdings. The board has installed Larry Thompson, formerly vice chairman of the Depository Trust & Clearing Corporation (DTCC), as interim CEO and lead director of the firm. Paul […]