XTRD Update: October 31, 2018

Summary

  • Product update
  • New York Trading Show recap
  • VOA’s Interview with XTRD CTO Serg Gulko
  • Miami Blockchain Shift Update
  • Weekly CTO Q&A sessions
  • Market Identifier Code

Product update

XTRD Product Update — October 11, 2018: http://bit.ly/2Sqc9ia.

New York Trading Show recap

XTRD took part in New York Trading Show 2018 on September 26, as a speaker and a Bronze sponsor. Here is a short recap with some details on this event: http://bit.ly/2AzmYrs.

VOA’s Interview with XTRD CTO Serg Gulko

XTRD CTO Serg Gulko gave an interview to Voice of America on clearing solutions for digital assets traders. Find the video and English transcript here: http://bit.ly/2CEJWi7.

Miami Blockchain Shift Update

XTRD recently attended the Miami Blockchain Shift conference on October 11–12. Here is the conference update: http://bit.ly/2PVCfYL. XTRD CEO Alex Kravets spoke on a panel with the COO & General Counsel as well as the SVP of Product Development of tZERO regarding Blockchain’s impact on Wall St, a great discussion facilitated by Stephen Obie of Jones Day. Here is the full panel video: http://bit.ly/2Sg9NCm.

Weekly CTO Q&A sessions

Starting from October 30, every Tuesday at 10 AM EST, XTRD CTO Serg Gulko will be running one-hour long Q&A sessions in our Telegram chat. We have prepared a short transcript from the first session. Prepare your questions for next Tuesday and join the discussion.

Market Identifier Code

Serg Gulko submitted the application to ISO 10383 Registration Authority to obtain Market Identifier Code (MIC) for the XTRD order routing system. MIC code is akin to a globally recognized ID for market participants e.g. ECNs (like XTRD) or exchanges. ISO maintains a global registry of all companies around the world and we would like to be a part of this ecosystem.

CTO Q&A Session #1: October 30, 2018

Starting from October 30, every Tuesday at 10 AM EST, XTRD CTO Serg Gulko will be running one-hour long Q&A sessions in Telegram. We have prepared a short transcript from the first session. Prepare your questions for next Tuesday and join the discussion!

Q (Bull Bittrex): How’s development going on DARK, SPA and PRO? When can we expect releases to roll out?

A (Serg): FIX API for trading and market data is live, PRO is under the heavy development and we expect to bring it live by the end of 2018 — beginning of 2019. DARK is still in progress. The main issue to solve is a legal framework. Technologically we’re almost ready.

Q (Bull Bittrex): Beaxy has been getting a lot of exposure and hype as of late can you explain how the partnership with them brings in the tokens?

A (Serg): I’m really happy for Beaxy guys, we chatted briefly a week ago but now they are very busy with conferences and exhibitions. We see Beaxy as one of our routing destinations. Why? Because their infrastructure is built on top of very serious and mature tech stack and they capable to handle serious load.

Q (Bull Bittrex): Can you explain a little more about the ISO you applied for? And how being a vendor in the FIX community works?

A (Serg): MIC code is like a globally recognized ID for market participants e.g. ECNs (like XTRD) or exchanges. ISO maintains a global registry of all companies around the world and we would like to be a part of this ecosystem. We also encourage all exchanges with whom we are working to start the same process. The reason we are in FIX Community is very simple — we are getting a clean, non-biased view what is going on in the industry. Plus, we have access to all FIX Trading Community events (read — networking, clients, etc).

Q (Mike P): I had a look through the token tracker and don’t see much happening other than IDEX and Coinsuper, some random buys and sells, but nothing that looks like, for example, FIX API clients paying for market data or similar. What is happening on this front? Are clients transacting in fiat for the moment, and if so, will XTRD settle that by purchasing tokens on the market as other projects who have yet to build their token settlement interfaces are doing?

A (Serg): Our current clients are initial token sales participants, so they are spending old tokens. Of course, we are working to add new clients to our ecosystem. We agreed to settle balances quarterly with existing clients (it was part of the deal), that’s why you don’t see too much on Etherscan.

Q (Mike P): The Whitepaper is no longer on the website; this makes it pretty much impossible for new folks to get to know what XTRD is all about. Is the paper being updated, or was this an oversight?

A (Serg): We will put much more useful information on the website soon — e.g. more detailed information about FIX routers (including full specs).

Q (fiftynineblake): Will there be reports for the public quarterly as well, or on some other timeframe about number of clients, average daily trading volume, etc.

A (Serg): This is not the information we can disclose publicly due to the NDAs. We usually share it with exchanges.

Q (fiftynineblake): But you’re not bringing to light anyones trading info by being transparent about how many clients you have onboarded, and how the system is being utilized. I think in this space transparency is king, we know you are not bound by anyone here having actual shares, but in my experience teams gain a lot of respect for being open by stating exactly their current treasury holdings (for better or worse), staff numbers and where they are based, number of clients and projections forwards for example.

A (Serg): It has a lot of sense to me! We will have an internal discussion to see how to apply these principles to new clients. But for now we will stick with the existing, traditional play rules.

Q (Matt T): Is XTRD looking at providing FIX services for tZero?

A (Serg): tZero is at least 3–4 months to trade and they will be focusing on security tokens what is really great. We are in good relationships with their team and looking forward to integrating their exchange into our ecosystem once they will be in production.

Q (Matt T): In the future, when the space is more clearly defined and regulated by the SEC and XTRD is highly profitable, would XTRD ever consider changing its token into a security token or some sort of profit sharing token?

A (Serg): To be honest with you, we mainly focused on building a working and sustainable business model right now with right tech stack, clients, vendors, etc. This is priority #1 for me.

Q (Mike P): Would it be possible to see some video updates of some of the new stuff in action, similar to that February video?

A (Serg): Nice one, thank you very much, Mike P:) We will create another video shortly! Real-time market data plus execution:)

Next Q&A session is on November 6, 2018!

Blockchain Shift Conference Update

XTRD recently attended the Miami Blockchain Shift conference on October 11–12. The conference’s focus was on emerging distributed ledger technology and the paradigm shift that will evolve traditional economies, with senior legal, finance, government, emerging markets, institutional traders, and fintech infrastructure leaders in attendance.

XTRD was one of the sponsors and were represented by XTRD CEO Alex Kravets and Serg Gulko, XTRD CTO. Through direct booth contact and networking events, they interacted with many traditional players in the fintech space with an interest in trading digital assets as well as though leaders with unique perspectives on the subject. We are happy to say that high quality connections were made, as a result several potential partnerships are in the works. The conference was a great venue to showcase the XTRD brand!

Alex Kravets spoke on a panel with the COO & General Counsel as well as the SVP of Product Development of tZERO regarding Blockchain’s impact on Wall St, a great discussion facilitated by Stephen Obie of Jones Day.

Blockchain’s Impact on Wall Street — The Efficient and Compliant Frontier

Moderator:
Stephen J. Obie, Partner, Jones Day
Panelists:
Ralph Daiuto, Jr., COO & General Counsel, tZERO
Alexander Kravets, Co-Founder and CEO, XTRD
Nariman Noursalehi, Senior Vice President of Product Development, tZero

Full panel video can be found here on the XTRD YouTube page.

XTRD is working on product, additional exchange integration, and new initiatives. The landscape is changing with custodial solutions, and the real players are just around the corner.

XTRD Update: August 21, 2018

Summary

  • XTRD Weekly Crypto Market Update
  • Beaxy Partners with XTRD to Onboard Institutional Investors
  • Lessons Cryptocurrency Should Learn From Wall Street
  • Cryptocurrency trading: institutional-grade obstacles and ways to solve them
  • Upcoming XTRD events

XTRD Weekly Crypto Market Update

Another exclusive XTRD weekly crypto market update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains a weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2LdE1Bg.

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. Beaxy will service retail and institutional investors, with the latter group aided with the support of XTRD. Find more info in Beaxy’s blog post: http://bit.ly/2MsdAg3.

Lessons Cryptocurrency Should Learn From Wall Street

NASDAQ.com has published the article written by XTRD CEO Alex Kravets — Lessons Cryptocurrency Should Learn From Wall Street.

Cryptocurrency trading: institutional-grade obstacles and ways to solve them

XTRD team took part in and sponsored/exhibited at the Blockchain Futurist Conference that was held in Toronto, Canada on August 14 -16, 2018. XTRD CTO Serg Gulko was one of the speakers. He decided to share his script and the presentation itself. Find this info in his blog post: http://bit.ly/2BwfesA.

Upcoming XTRD events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.

XTRD Update: July 31, 2018

Summary

  • The lessons cryptocurrency should learn from Wall Street
  • 2018 Rhode Island Blockchain Summit
  • Blockchain Futurist Conference
  • Media partnership with World Blockchain Forum London 2018
  • XTRD Weekly Crypto Market Update
  • Upcoming XTRD events

The lessons cryptocurrency should learn from Wall Street

Cryptocurrency has long been considered a disruptor, with a refreshing take on the finance industry that attracts innovators and non-conformists. But no matter how radical this newcomer on the block is, there is plenty to learn from those that it intends to disrupt: Wall Street. Check out an article written by XTRD CEO Alex Kravets — The lessons cryptocurrency should learn from Wall Street.

2018 Rhode Island Blockchain Summit

XTRD CTO Alex Kravets attended the 2018 Rhode Island Blockchain Summit, bringing together Rhode Island state officials, business partners and blockchain thought leaders from around the world to discuss the growth of this exciting industry: http://bit.ly/2mXWoR9.

Governor Gina Raimondo speaking

Alex with Steven Nerayoff, XTRD advisor and Alchemist CEO

Blockchain Futurist Conference

XTRD team will take part in and sponsor/exhibit at the Blockchain Futurist Conference that will be held in Toronto, Canada on August 14 -16, 2018. XTRD CTO Serg Gulko is one of the speakers along with such speakers as Dash Corp Group Inc. Ryan TaylorCoinsquare CEO Cole DiamondCNN Legend & Gear Advisory Board Larry King. Let us know if you’d like to catch up in person.

Media partnership with World Blockchain Forum London 2018

XTRD is now a media partner of World Blockchain Forum that will be held on 3–5 September, 2018 in London. The World Blockchain Forum serves as a learning guide for, not only the technical tools of investing such as Bitcoin and Ethereum, but also as a stepping stone to wise investing. The conference will showcase the latest innovations in the blockchain industry, and curate conversations between the world’s leading pioneers and experts about the promise and future of blockchain. A full list of confirmed speakers and the agenda can be found here. Tickets are available here.

XTRD Weekly Crypto Market Update

Another exclusive XTRD weekly crypto market update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains a weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2Aq90dp.

Upcoming XTRD events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.

XTRD Update: July 26, 2018

Summary

  • FIX Trading Community’s Annual Chicago Regional Meeting
  • Serg’s trip to Kiev, Ukraine
  • JPMorgan Chase & Co. Leverages the Blockchain
  • XTRD Weekly Crypto Market Update
  • Upcoming XTRD events

FIX Trading Community’s annual Chicago Regional Meeting

Recently XTRD CTO Serg Gulko participated in the “Bringing Cryptocurrency Into the Institutional Order Flow” panel at the FIX Trading Community’s annual Chicago Regional Meeting for a private institutional audience as one of the speakers and shared the script he prepared for the panel discussion: http://bit.ly/2JBgglW.

Serg’s trip to Kiev, Ukraine

Serg Gulko will be in Kiev, Ukraine from July 28 till August 12th working closely with the XTRD development team. Let us know if want to catch up in person. Serg’s announcement: http://bit.ly/2NAspKo.

JPMorgan Chase & Co. Leverages the Blockchain

Great new article by our friend Daniel G. Viola, Partner of Sadis & Goldberg, LLP — JPMorgan Chase & Co. Leverages the Blockchain. Daniel is the Head of the Digital Asset and Compliance Groups at his firm and is also the founder of the Crypto Asset Webinars and the Blockchain Shift Conferences.

XTRD Weekly crypto market update

Another exclusive XTRD weekly crypto market update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains a weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2uXZtUR.

Upcoming XTRD events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.

XTRD Update: July 16, 2018

Summary

  • XTRD Product Update
  • Steve Nerayoff joins the advisory board of XTRD
  • Updates from FIX Trading community meeting
  • FIX Trading Community’s annual Chicago Regional Meeting
  • XTRD Weekly crypto market update
  • Upcoming XTRD events

XTRD Product Update

Alexander Kravets, CEO of XTRD, discussed the current state of crypto markets (hint — good stuff ahead!) and some XTRD product updates: http://bit.ly/2zFKOmE.

Steve Nerayoff joins the advisory board of XTRD

Steven Nerayoff, one of the original creators of the framework for Initial Token Offerings (ICOs), has joined the company as a strategic advisor. Nerayoff will advise XTRD as we roll out XTRD products and onboard institutional clients. Please find more details in our blog post: http://bit.ly/2KY909o.

Updates from FIX Trading community meeting

As a FIX Trading Community member, XTRD takes part in regular conferences and calls to definite worldwide standards in trading and market data for multiple assets classes, including cryptocurrency. XTRD CTO Serg Gulko shared some updates from the last FIX Trading community meeting in his blog post: http://bit.ly/2zCkzNW.

FIX Trading Community’s annual Chicago Regional Meeting

XTRD team will take part in FIX Trading Community’s annual Chicago Regional Meeting. Serg Gulko will participate in “Bringing Cryptocurrency Into the Institutional Order Flow” panel as one of the speakers. Let us know if you want to catch up in person!

XTRD Weekly crypto market update

Another exclusive XTRD weekly crypto market update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2mlSh0H.

Upcoming XTRD events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.

Steve Nerayoff joins the advisory board of XTRD

Steven Nerayoff, one of the original creators of the framework for Initial Token Offerings (ICOs), has joined the company as a strategic advisor. Nerayoff will advise XTRD as the company begins to roll out the product and onboard institutional clients for the initial trials of their complete trading platform.

“Steve is legend in the world of blockchain and cryptocurrency and to have him onboard with us as we begin to onboard major strategic partners is incredible and truly an honor,” said Alexander Kravets, CEO of XTRD. “His deep knowledge of the industry, unmatched experience, connections, and expertise will prove invaluable for us in the near future. It’s also a huge testament to our project and the grand vision we have for a person like him to recognize the potential in our future and we are humbled by that.”

Nerayoff is a prolific serial entrepreneur, attorney and inventor of 20 international patents, having founded seven companies in Silicon Valley and New York City. He is a blockchain pioneer with his involvement in top projects and is also the Chairman of the publicly listed company Global Blockchain Technologies (OTCMKTS:BLKCF) (TSXV:BLOC). He also founded Alchemistspecializing in blockchain project development and investment. Steven has assembled a team of industry leaders having advised and invested in over 25 projects, including: Aion, Bancor, Ethereum, Factom, GlobalBlockchain, Investfeed, Kudos, Lisk, MAD, Po.et, Polymath, Ripio, RSK, Sirin, Steemit, Storm, Streetwire, tZERO, Veridium, Vezt, ZCash, and Zencash.

Steven’s innovative work as the legal architect of Ethereum’s record setting token sale continues to be the basic structure used throughout the world today. Steven innovated the concept of “utility”, specifically using the concept of “gas” or “fuel” for legal purposes. Steven continues to be instrumental in defining the industry standards.

“XTRD is fantastic project that is potentially solving one of the biggest challenges in cryptocurrency and providing a mechanism that brings institutional investors into the crypto,” said Nerayoff. “What’s more, the team backing them up have the experience, connections, and technical background to make it happen.”

The veteran Wall Street traders who are building XTRD are introducing a new infrastructure that would allow banks, hedge funds, and large institutional traders to easily access cryptocurrency markets. By building a low-latency infrastructure with a unified FIX API, a technology used on Wall Street for over 25 years, along with a standalone trading platform and liquidity aggregation the company will provide precise and virtually instant pricing data while minimizing ‘slippage’ for the trading of digital assets. The company will also be building a private dark pool for private institutional trading off of the public blockchain.

XTRD is currently live with their first product, a unified FIX based multi exchange API for market data and execution co-located at NY4 Equinix data center with data connectivity across the globe. In development are several other primary solutions, such a as a unified milti-exchange trading platform, a dark pool product for OTC orders that works by leveraging digital asset and fiat custodians to facilitate large OTC orders at low cost, and liquidity aggregation across multiple exchanges.

XTRD Update: July 9, 2018

Summary

  • Crypto Exchange Gemini Hires Former NYSE Tech Chief
  • Swiss Stock Exchange to Tokenize Securities With New DLT Platform
  • Exclusive Weekly crypto market update from Steven Aitchison
  • Upcoming XTRD events

Crypto Exchange Gemini Hires Former NYSE Tech Chief

Cryptocurrency exchange Gemini has hired former New York Stock Exchange (NYSE) chief information officer Robert Cornish to serve as its first chief technology officer. Find more details in Coindesk article: http://bit.ly/2ue0QOE.

Swiss Stock Exchange to Tokenize Securities With New DLT Platform

Switzerland’s principal stock exchange has announced that it is developing a blockchain-based platform to tokenize traditional securities. Find more details in Coindesk article: http://bit.ly/2m36P5e.

Exclusive Weekly crypto market update from Steven Aitchison

Another exclusive weekly crypto update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2J8lKUY.

Upcoming XTRD events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.

XTRD Update: July 2, 2018

Summary

  • XTRD FIX API Product Update — June 30th
  • What Cryptocurrency Can Learn From Wall Street
  • Hardware Wallets Poll
  • XTRD events are on crypto calendars
  • Exclusive Weekly crypto market update from Steven Aitchison
  • Upcoming events

XTRD FIX API Product Update — June 30th

Summer is usually associated with vacations, trips, and overall relaxation. But not for the XTRD team! We are using this time to be prepared for the upcoming autumn run. First of all, we released the new version of FIX API gateway with added Binance support. So now our clients can receive normalized market data and trade on this exchange through our NY4 servers. Find more details in the XTRD FIX API Product Update — June 30th, 2018 http://bit.ly/2IGa3Va

What Cryptocurrency Can Learn From Wall Street

The groundbreaking potential of the cryptocurrency space has been well-documented over the last couple years. The maverick-like nature of the new industry is refreshing, and its non-conforming characteristics appealing. Yet, even the most radical innovations and industries can learn from their more established, monolithic counterparts that have come before them. When it comes to crypto, one of the primary sectors it can model is one of the largest, stablest sectors on the planet: Wall Street.

Read about 4 of the biggest lessons cryptocurrency can take from Wall Street in our new article: http://bit.ly/2Nh5ynu.

Hardware Wallet Poll

Take part in a hardware wallet poll. The question is “How do you sign your Ethereum transactions?” Please choose one of the four offered options or add your own option in comments: http://bit.ly/2tIKQEg.

XTRD events are on crypto calendars

XTRD events are now on CoinMarketCal and CoinsCalendar. Please click these links and then click “Real” for each event, this will help us to promote the project via these channels.

Exclusive Weekly crypto market update from Steven Aitchison

Another exclusive weekly crypto update by Steven Aitchison — Youtube blogger and experienced crypto trader. This update contains weekly market overview, the most important cryptocurrency news from the last week and useful crypto trading tips. Please find more details in our blog post: http://bit.ly/2Kojiix.

Upcoming events

To increase awareness of our project and attract more clients, partners, and new community members, XTRD will participate/speak at these events:

Feel free to stop by our exhibition booths and say “hello” or ask tough questions during roundtables.