FX Platform Integral Now Covers Bitcoin, BCH and a Dozen More Cryptocurrencies

Cryptocurrency is Now Completely Integral to FX Trading

Integral, the Palo Alto headquartered institutional FX cloud platform, has expanded its market data offering for cryptocurrencies to include fourteen major cryptocurrencies. It now covers bitcoin, bitcoin cash, Ethereum and more, connecting to sixteen major exchange sources across the U.S., Europe and Asia, including Japan and Hong Kong.

“An accurate, stable, and reliable reference price is a requirement for any market maker,” said Harpal Sandhu, CEO of Integral. “The Cryptocurrency Market Data Service connects to the most price sources and applies the most advanced price discovery algorithm available.”

Founded in 1993, Integral maintains offices in California, New York, London, Tokyo, Singapore and Bangalore. It is the financial technology partner of many banks, brokers, and investment managers who rely on it to design and deliver their FX operations. Among its over sixty FX client banks around the world, it lists the U.S’ Wells Fargo, Japan’s Mizuho and Israel’s Hapoalim.

Stanford FX Benchmark

Integral says that the new market data service uses algorithms developed with Stanford University, for its FX benchmark to provide the most precise reference prices for cryptocurrencies. It also promises that, in the coming weeks the service will make available a real-time consolidated order book across all sixteen exchanges via its high-performance market network of data centers in New York, London and Tokyo (NY4, LD4 and TY3).

“Integral’s Cryptocurrency Market Data has proven to be the most stable and most accurate price source for our market making service, especially in times of extreme volatility,” commented Charalambos Psimolophitis, CEO of FxPro Group. “We will continue to expand our market leading position with additional product offerings based on this reliable platform.”

The market data service, which was only launched in mid-December 2017, today already includes BTC/USD, BTC/EUR, BTG/USD, BCH/USD, ETH/USD, ETC/USD, ETH/BTC, ZEC/USD, XRP/USD, LTC/USD, XMR/USD, NEO/USD, BTC/JPY and IOT/USD.

Comments

Onecoin Offices Raided in Sofia, Servers Shut Down

50 People Questioned, No Arrests Servers, documents and other evidence have been confiscated from Onecoin and about 50 people have been questioned by investigators, according to the official statement . No arrests have been reported so far. Bulgarian prosecutors, national security agents and members of the organized crime combating unit were involved in the joint operation. They acted on request from Germany, where Bulgarian-born “founder and visionary” of Onecoin, Ruja Ignatova, had been taken to court. “Onecoin” payments were banned in the Federal Republic and in 2016 the UK Financial Conduct Authority issued a warning about the company. The Ministry of Interior of Bulgaria released a video of the search in Onecoin’s building: In just three years, about three million people have subscribed for the educational packages offered by Onecoin , Bulgarian prosecutors announced at a briefing on Friday. The company is suspected of commercial fraud, money laundering and illeg...

Real Cryptos Reside on Your Cellphone

The internet was born on desktop devices but it now resides in our pockets – or more often our palms, since we rarely stop using our mobile devices long enough these days to put them away. When Satoshi published his white paper in October 2008, desktop was still the preferred means of doing business on the web, but all that was about to change. 14 months earlier, Steve Jobs had unveiled the iPhone, ushering in the stirrings of what would become the mobile revolution. Meanwhile, Satoshi was quietly getting on with his own cryptocurrency revolution. By late 2010, Satoshi had checked out, but the seed he had sown was sprouting into a digital money tree that was growing fast. By 2016, mobile web usage outstripped desktop usage, and the crypto economy, which had stagnated for the last two years, exploded into life. Suddenly everyone was releasing coins and tokens, many of which were mobile-oriented, and everyone was tweeting, Snapchatting and vlogging about crypto. There was just one p...

New National Minimum wage report to be submitted next week.

By Johnbosco Agbakwuru ABUJA— BARING any last minutes change, the tripartite committee approved by the Federal Government to review the minimum wage will submit its report this week. Although the committee was supposed to present its report last month, the public holidays to mark Eid-el-Kabir affected the date. It was gathered that the committee met, yesterday, at Trsnscorp Hilton, Abuja and a highly placed source privy to the meeting said that the organised labour was pressing that the report be concluded today. The source, who spoke on condition of anonymity, said that though the government representatives had requested for more time, labour felt the report of the committee had been delayed for too long. “We are pressing that the report is made ready today. We are supposed to conclude everything about the report in August but the Sallah holiday affected the planned date. Though the government representatives have requested for more time, we feel that ...

MarcFarms™

Search This Blog