Kx Systems Unveils Support For Cryptocurrency Trading
Published 14 May 2018
Kx Systems' Kx for Flow electronic trading platform has been expanded to support the trading of cryptocurrencies.
Kx for Flow is an HTML5 white label foreign exchange trading platform offering users the ability to create bespoke liquidity pools and distribute price information to clients and markets.
Flow offers direct access to key liquidity sources including the world’s top market-making banks, non-banks and ECNs providing pricing and execution for FX, NDFs, precious metals, CFDs, and now cryptocurrencies. Initial coverage will enable spot trading of Bitcoin, Ethereum, Bitcoin Cash, Litecoin and Ripple.
As a fully managed solution, Kx for Flow provides in-depth credit and risk management functions as well as pre- and post-trade analytics. Kx’s leading database technology, kdb+, widely used by global financial institutions for over two decades, is the engine behind Kx for Flow which enables it to capture and analyze data faster than any other FX platform.
Kdb+ is already used by leading cryptocurrency platforms such as BitMEX. The addition of cryptocurrencies to Kx’s FX platform fits with the broader strategy of integrating kdb+ with blockchain technology, allowing clients to leverage the combination of high performance analytics in a distributed ledger environment.
Kx Systems FX Solutions head Rich Kiel said: “As with most leading trading technology providers we have been inundated with interest in crypto. When you sift through the noise the interest from mainstream financial services firms to begin trading cryptocurrencies has been growing and we are delivering this solution to meet the current and future needs of our clients.”
Source: Company Press Release
USAA To Gift Vehicle To Military Family In The Chicago Area
USAA proudly announces the donation of four National Auto Body Council (NABC) Recycled Rides®. Read more
Former Army Maj. Gen. John B. Richardson IV Joins USAA To Lead Military Affairs
Two-star general and decorated combat veteran to bring forward-looking vision in continued service to military members a... Read more
Steeped In Tradition: USAA Kicks Off 124th Army-Navy Game Celebrations In A Massive Way, Honoring 250th Anniversary Of The Boston Tea Party
USAA honors history of rivalry game and the city, bringing giant bag of tea to Boston’s historic sites Read more
USAA Life Insurance Announces New Relationship With Trust & Will
USAA Life Insurance Company, a leading financial services brand for military members and their families, and Trust &... Read more
“Go Beyond Thanks:” New Survey Reveals We Should Do More Than Simply Thank Our Veterans For Their Service
Data Reveals Half of Military/Veterans Surveyed Feel Uncomfortable or Awkward When Someone Says the Phrase “Thank You ... Read more
USAA Expanding Education Program To Include Tuition-Free Support For Employees And Employee Dependents
Company also announces student loan 401(k) contribution match up to 8% Read more