XTRD.IO One of the First to Offer Bitcoin Futures Market Data
Summary
NEW YORK, April 5, 2018 (Newswire.com) - XTRD , a technology company that is bringing proven, mature technologies from Wall Street and applying them to the world of cryptocurrencies, is one of the first market data vendors authorized to distribute CME Group bitcoin futures market data, along with other vendors.In addition, XTRD will be leveraging CME Bitcoin Futures data to create models to more efficiently circulate funds across crypto exchanges and minimize currency risk for the XTRD SPA (Single Point of Access) multi-exchange liquidity aggregation product.CME Group’s proprietary data will enhance XTRD’s competitive advantage in providing execution capability across multiple cryptocurrency markets with just one account.By the end of Q3 of 2018, XTRD will release XTRD PRO, a proprietary downloadable front-end application allowing for easy manual crypto trading, which will encompass Bitcoin futures along with regular crypto pairs, allowing for easy manual execution and analytics geared towards high-volume and professional traders.XTRD aims to change the way cryptocurrency is traded on a fundamental level by offering mature, battle-tested financial technologies to large market participants who need them urgently.