XTRD partners with Beeks

XTRD is happy to announce its partnership with Beeks, a leading cloud computing, connectivity and analytics provider for financial services.

This partnership will allow seamless provisioning of virtual private servers (VPS) immediately ready to trade on a variety of digital assets platforms, provided by XTRD. Beeks’ advanced eco-system, managed by their 24/7 Network Operations Centre, will dramatically reduce deployment time and increase the agility of resource provisioning.

As well as VPS based services for our larger trading clients, Beeks can also offer bare metal compute on dedicated servers providing better performance and an increased security layer.

Pete Johnson, Chief Technology Officer at Beeks stated, “As a growing asset class, we’ve had lots of interest in connecting our client base to trade the cryptocurrency markets. We already have several clients and partners in this space and we see the relationship with XTRD as an exciting extension of our capabilities”.

“Trading digital assets include certain complexities, such as protocols, connectivity, settlement, cybersecurity, and proper infrastructure. We believe that our partnership with Beeks Financial Cloud will bring much-needed peace of mind to many of our clients in terms of the deployment process, taking into account Beeks’ level of sophistication. As for the rest – XTRD has you covered.” said Serg Gulko, Co-Founder, and CTO at XTRD.

Beeks is a leading cloud computing, connectivity and analytics provider for financial services. With an international network of eighteen datacentres, Beeks provides end to end outsourcing of compute environments by delivering low-latency compute, connectivity and analytics, on-demand. ISO 27001 certified, Beeks supports its global customers at scale exclusively within global capital markets and leading financial centres.

November 4, 2020 XTRD News No comments yet

Cryptocurrency Exchange Beaxy Partners with XTRD to Onboard Institutional Investors

Beaxy has released details of a partnership with XTRD, whose trading engine is prized for its low latency and high performance. As an all-in-one platform, Beaxy will service retail and institutional investors, with the latter group aided with the support of XTRD. Beaxy was founded with the goal of improving the crypto trading experience for investors of all kinds. Its ethos aligns closely with that of XTRD, which connects exchanges within the cryptocurrency ecosystem for the benefit of all participants.

As a result of the partnership, Beaxy will link to XTRD’s universal FIX API, enabling it to provide access for institutional investors wishing to purchase cryptocurrency in a secure and user-friendly environment. The arrangement will see Beaxy provide white glove support for XTRD clients. Through combining their technical know-how and collaborating closely, both platforms intend to make the onboarding process easier for institutional investors, and to set new benchmarks for other cryptocurrency exchanges to aspire to.

“We have huge respect for the work XTRD have been doing to improve the crypto trading experience through their efficient trade execution technology that was perfected in the traditional financial markets,” said Beaxy CEO Artak. “Through exposing XTRD to Beaxy’s growing community of traders, we’re confident that we can demonstrate the benefits of combining superior technology with excellent customer service to create a trading environment that is more enjoyable, and ultimately more profitable for investors”.

The increasing influx of so-called smart money into the cryptocurrency market is predicted to bring with it an expectation of enhanced performance, particularly from institutional investors who are accustomed to financial markets in which downtime is minimal and orders are matched quickly and efficiently, with high liquidity and low spreads. The Beaxy platform is already accessible in demo form ahead of fully launching upon completion of a token sale commencing on September 1st. Thereafter, traders will be able to experience the feature-rich platform for themselves, powered by XTRD’s advanced technology.

August 25, 2018 XTRD News Comments Off on Cryptocurrency Exchange Beaxy Partners with XTRD to Onboard Institutional Investors

XTRD Community Update — June 11th, 2018

The XTRD team recently traveled to Hong Kong for several high level meetings, one of the most impressive organizations we met with was CoinSuper, an institutional based exchange with fiat trading capability and a highly regarded team, the CEO was President of UBS Asia.

XTRD CEO Alex Kravets will be speaking at Alchemist Money Summit, held in Tel Aviv, Israel, June 17–18. Alchemist Money Summit Tel Aviv will bring together more than 60 speakers from North America, South America, Europe and Asia Pacific. This Summit is designed for those interested in the evolution of the Blockchain economy. Event co-hosts are Internet Pioneer, Jeff Pulver and Blockchain Pioneer and ICO creator, Steven Nerayoff.

XTRD Product and Partnership Update

The easiest way to describe this is “work as usual”.

Our team is working to deliver highly-demanded Binance connector followed by Bittrex and OKEx. We discovered that we can easily handle all instruments traded on Binance in terms of managing orders books in a real-time and keeping historical market data. This means that instead of the original idea of providing only ETH, BTC vs fiat pairs for trading, XTRD will give access to the vast majority of tokens.

We are continuing to explore different partnerships that might bring more value to crypto community. One of them is possible co-operation with Blockchain Terminal. It’s still a bit premature to articulate about it’s exact nature but both companies are seeing a lot of synergies and ways how we can work together.

XTRD is looking to extend existing FIX API by providing crypto-related real-time news sourced from one of the industry-leaders — NewsEdge.

FIX protocol has special message times designated exactly for news delivery so, with market data, execution, and news coming from a single provider — XTRD might become a one-stop shop for graphical-rich trading platforms.

June 11, 2018 XTRD News Comments Off on XTRD Community Update — June 11th, 2018