Solutions
Crypto start-up Electroneum is keenly aware of the quickly developing domain of DeFi apps or decentralised financial applications, and, in particular, of decentralised exchanges, says Head of Blockchain Chris Harrison.“We are researching how to introduce atomic swaps with smart contracts, which will enable ETN to integrate into the DeFi space more seamlessly,” says Harrison. “We are exploring ways to employ custom blockchain oracles via smart contracts to enable swap of tokens on existing smart contract blockchain and on decentralised trading platforms.”
Harrison explains that “blockchain oracles are trusted servers configured to scrape and verify data from third-party sources to inform
A paper has been published by researchers at the University of St Gallen analysing an FX dataset from CLS, a financial market infrastructure delivering settlement, processing and data solutions, to identify information asymmetry in the FX market and estimate its impact on FX price movement.Angelo Ranaldo, Professor of Finance and Systemic Risk, and Fabricius Somogyi, a third-year PhD candidate, reported that they used CLS FX Spot Flow data to demonstrate that a trading strategy based on asymmetric information risk can potentially offer strong diversification for FX trading strategies. Compared to traditional trading strategies such as FX carry, value and momentum,
Electroneum has listed its token on Changelly, which provides millions of crypto investors with global access to more than 160 cryptocurrencies for seamless swapping and 48 fiat currencies with which people can purchase ETN.With millions of users, Changelly is one of the most popular non-custodial instant crypto exchanges, mainly because it enables crypto users to swap cryptocurrencies without opening accounts at exchanges. Instant crypto exchanges have also become significantly appealing for not holding users’ funds and arranging a functional yet instant platform for cryptocurrency trading.
“We are happy Electroneum has joined the Changelly family, offering our users the instrument to
CME Group is to launch a new FX Options Vol Converter tool to price CME Group’s listed FX options liquidity in over-the-counter (OTC) terms, helping foreign exchange traders to more easily monitor price relationships, make more informed decisions across markets, and ensure best execution for their trading strategies. CME Group’s listed markets have the largest central limit order book for FX options. This tool takes the extensive price data that is already functionally equivalent to OTC options, with alignments in style, expiration time, and underlying price convergence and creates a volatility grid by tenor and deltas for comparison purposes.
“Our new
Tether, a blockchain-enabled platform that powers the largest stablecoin by market capitalisation, and Solana, the world’s first web-scale blockchain, have announced a new initiative that will integrate tether (USDt) into the Solana network.According to Solana, it will be possible to exchange USDt at speeds greater than 50,000 transactions per second—often for less than USD0.00001 per transaction—marking a major advance in the quest for high-speed decentralised finance (DeFi) applications.
“Tether is the life blood of DeFi, and an important pillar of the crypto community at large. In order for developers to leverage the real potential of Solana, an integration with USDt
Vela, an independent provider of data and execution technology for global multi-asset electronic trading, has added Fenics US Treasuries (Fenics UST), owned and operated by BGC Financial, to its fully-hosted and managed Direct Market Access (DMA) Platform. With Fenics, Vela expands its Fixed Income offering providing global clients with access to cash and derivatives trading venues via a single platform.
Vela’s award-winning multi-asset DMA Platform is cross-connected to Fenics’ co-location facility in New Jersey, delivering a short path to the venue and ensuring superior transactional and communication performance. Leveraging Vela’s DMA Platform, low-touch trading desks at buy- and sell-side firms
London-based CFD provider Infinox has become the first UK company to make forex futures trading possible in South America.The global trading platform has been selected by the Brasil Bolsa Balcão stock exchange – known as the B3 – to be the sole market maker for FX futures trading contracts.
The appointment means that Brazilian investors in the B3 – the world’s third largest derivatives exchange by volume in 2019 – can now trade the world’s most liquid FX and interest rate products in their home market, and without needing to send funds out of the country.
The simplicity and liquidity
FXCM Group, an international provider of online foreign exchange trading, CFD trading, cryptocurrencies and related services, has launched a new service that provides free SMS trading alerts to help users spot potential trading opportunities. This new service covers shares, forex, gold, and many other tradable instruments at FXCM. Users can select the instruments that they wish to receive signals for, which will be delivered daily to their mobile.
Each SMS alert text message includes a link to a dedicated page where the user can see entry and exit levels along with duration so to find better potential trading opportunities. Texts
Integral, an FX technology provider, has launched a new version of its trading platform, FX Inside 7.0.Read the full story at Institutional Asset Manager…
Flexible working, virtual fundraising and recreating that ‘water cooler’ environment
Flexible working, virtual fundraising and recreating that ‘water cooler’ environment