Integral FX Platform Integrates Cryptocurrency

Integral FX platform now provides market data regarding 14 cryptocurrencies and links 16 largest exchanges in the world
26 January 2018   468

Integral is the cloud-based eFX platform which combines features for liquidity management, pricing, distribution and risk management, which cooperates with FxPro, which provides Contracts for Difference (CFDs) and spreads betting on Forex, shares, futures, spot indices, spot metals, and spot energies to retail clients worldwide.

As it is reported by Financial Magnates, the financial industry continues to attract new investors on a daily basis, and Integral decided to expand its offerings and include market data on 14 leading cryptocurrencies, linking 16 of the largest exchanges throughout the world, including the US, Europe and Asia.

An accurate, stable, and reliable reference price is a requirement for any market maker. The Cryptocurrency Market Data Service connects to the most price sources and applies the most advanced price discovery algorithm available.

Harpal Sandhu

CEO, Integral

The service currently provides data on such trading pairs as BTC/USD, BTC/EUR, BTG/USD, ETH/USD, ETC/USD, ETH/BTC, ZEC/USD, XRP/USD, LTC/USD, XMR/USD, NEO/USD, BTC/JPY and IOT/USD.

German Exchange to launch Bitcoin Products

Deutsche Boerse, the Frankfurt Stock Exchange holder, is deciding about the providing cryptocurrency products
24 May 2018   75

Reporting in London on Wednesday, at a significant event of the sphere, Jeffrey Tessler (the firm's chief of customers, products and core markets), declared: "We are deep at work with it." Nevertheless, any move into the crypto space from the stock exchange might not be forthcoming fast. When CME Group and Cboe Global Markets both started bitcoin futures trading last December, Tessler further claimed during the event that Deutsche Boerse is "not at the same stage." According to his point of view, the company is attempting to understand the volatility of the bitcoin market first and insuring clients and regulators are "in line" before stepping ahead with any offerings.

Whilst a move into offering bitcoin products is not definite, the exchange has already been active in the blockchain field. Deutsche Boerse unvealed details to CoinDesk about its plan to move the majority of its post-trade services to a blockchain last June. It affirmed at the time that it was interested in building a system, using Hyperledger's open-source Fabric protocol, in order to transfer securities and move commercial bank money, while still undertaking cross-jurisdictional compliance with regulators.

Also, as recently as March, the group declared it wish to deploy a platform for more operative securities lending using R3's Corda blockchain tech.