Brave New Coin Partners with Trading Technology Provider QuantHouse

Brave New Coin, a leading data analytics and research company, announced on Tuesday that it had arranged a partnership with QuantHouse, a global provider of end-to-end systematic trading solutions and an algo Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term, to offer Brave New Coin’s data feeds, indices and analytics to QuantHouse’s customers. According to the press release shared with Finance Magnates, QuantHouse will feature Brave New Coin’s single asset indices for top ten Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term and its Coin DeFi Index.

With the new agreement, QuantHouse’s customers could access the high-frequency data feeds that Brave New Coin has been developing over the past 12 months.

“QuantHouse and its parent company, Iress, have a deep history of assisting hedge funds, market makers, investment banks, brokers and other trading venues to achieve optimal trading performance and gain access to rich datasets, together with ultra-low latency built on a global infrastructure footprint. We’re proud that our new partnership with QuantHouse will enable their customers to make smarter trades courtesy of our industry-leading datasets,” Fran Strajnar, CEO of Brave New Coin, stated.

QuantHouse’s Reaction on the Integration

That said, Brave New Coin’s data integration allows to have an additional reference on settlement prices of the real-time market conditions. “Since its launch in early 2020, Brave New Coin’s cryptocurrency index infrastructure has been in high demand by companies including BTSE, the Toronto Futures Options and Swaps Exchange (tFOSE) and LedgerX. QuantHouse is pleased to be a part of developing standards in this space, enabling better trading by mirroring market structures similar to existing indices for equities and futures,” Stephane Leroy, Co-Founder QuantHouse, said.

Last year, EliData, a trading and order routing applications developer, tapped QuantHouse to offer QuantFEED market data into the EliData Smart Order Router (SOR). EliData’s applications focus on the capital market players and provide solutions for data exchange between the front office and the back-office systems.