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 […]
Seed CX, which through its subsidiaries offers a licensed exchange for the institutional trading and settlement of spot digital asset products, is now offering trading in bitcoin cash (BCH) and litecoin (LTC).Prior to this, Seed CX has offered spot trading in bitcoin (BTC) and ethereum (ETH) and the firm has plans to offer a market for Commodity Futures Trading Commission (CFTC)-regulated digital asset derivatives.“We’re very excited to have started live trading of BCH and LTC,” says Edward Woodford, co-founder and CEO of Seed CX, “and we’ll continue to offer more digital asset pairs in the coming months, giving institutional investors the ability to trade a variety of assets on an exchange that provides the market safeguards and technological infrastructure they demand.”
B2C2, a cryptocurrency market maker, and oneZero Financial Systems, a software and infrastructure provider for institutional and retail brokers, have announced a partnership that will enable oneZero’s clients to gain access to B2C2 as part of the oneZero ecosystem.
The firms say that the integration of their trading systems will allow them to address significant demand among institutional clients for exposure to the major cryptocurrencies – including bitcoin, ether, litecoin, bitcoin cash and XRP – against major fiat currencies.
Max Boonen, founder of B2C2, says: “We are pleased to partner with oneZero, a leading technology and infrastructure provider for major financial institutions. Our FIX integration will enable oneZero’s clients to access cryptocurrency liquidity in a plug-and-play fashion. We look forward to meeting their demand for electronic OTC liquidity.”
BestX is expanding its best execution analytics suite to include the main digital currencies of bitcoin, ether, litecoin, bitcoin cash and ripple.
In a release issued today, BestX says that as adoption of these cryptocurrencies increases across new markets, the firm will look to meet the demand from its clients and deliver analytics that provide them the same transparency as for the traditional ‘fiat’ currencies.
“We are proud to be the first independent TCA provider in the world to offer this service, enabling our clients to leverage the award-winning BestX analytics to provide transparency into otherwise quite opaque markets,” says BestX co-founder, Ollie Jerome. “We continue to future-proof our offering to meet client demand as digital currencies become increasingly legitimised by the professional investor community.”
Bloomberg and Galaxy Digital Capital Management (GDCM), a digital asset management firm founded by Michael Novogratz, have launched the Bloomberg Galaxy Crypto Index (BGCI).
The index is designed to track the performance of the largest, most liquid portion of the cryptocurrency market. The BGCI is market capitalisation-weighted and measures the performance of 10 USD-traded cryptocurrencies, including bitcoin, ether, monero, ripple, and Zcash.
The index constituents are diversified across different categories of digital assets, including stores of value, mediums of exchange, smart contract protocols, and privacy assets.