Algoz to Provide Trading Strategy Services to UltraAlpha Users

Digital asset management platform UltrAlpha has partnered with Algoz to receive its long/short alpha links trading strategy service.

Announced on Thursday, the users of UltrAlpha will receive the service which uses statistical correlations and differences between diverse sets of cryptocurrency pairs in order to recognize market trends and determine the direction of the investment and hedge the risk.

Commenting on the partnership, Tal Teperberg, CEO of Algoz, said: “This collaboration is a first for us, as since its inception, Algoz focused on Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term and brokerage solutions.”

“Our choice to collaborate with UltrAlpha is completely based on our synergy and match in vision. Like UltrAlpha, our background is strongly based on traditional financial markets...By combining Algoz’s strategy and UltrAlpha’s platform, current and future investors will be able to invest their funds more reliably and generate greater profits.”

Providing essential services to crypto companies

Founded in 2011, Fingenom was established as an infrastructure provider for trading algorithms in the capital market. With the boom in the crypto market, the Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term firm extended its reach towards the digital asset industry in 2016 by setting up AlgoZ to provide various financial solutions such as market making, brokerage, and over-the-counter (OTC) services.

Earlier this year, the company also partnered with multiple crypto companies to provide liquidity services for the trading of their digital currencies.

With its professional asset management service, UltrAlpha is focusing on both asset managers and accredited investors in the digital asset trading space. The platform also launched its native UAT tokens for transactions within its ecosystem.

“Unlike traditional finance, digital asset management is still a young and growing business, but the industry is clearly seeing a strong trend towards the adaptation. Algoz and UAT share the same vision in the future of this business, and I have faith in our abilities to deliver fruitful results from this partnership,” Han Liu, CEO of UltrAlpha, added.