Exclusive: Market Synergy Launches VPS to Connect Brokers to Bitfinex

Market Synergy, an institutional cryptocurrency connectivity provider, announced this Tuesday that it has launched a Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based Virtual Private Server (VPS) which can connect brokers, hedge funds and professional traders to cryptocurrency trading platform Bitfinex.

According to the statement, clients will have the option to choose from a combination of central processing units (CPUs), RAM and storage to suit their requirements, with the Swiss-based connectivity firm providing all VPS requests.

Market Synergy and Bitfinex Strengthen Partnership

The announcement today furthers the partnership between the crypto connectivity provider and Bitfinex. As Finance Magnates reported in January of this year, the companies went live with institutional-grade connectivity which allowed brokers, and other financial firms to take a FIX feed or ISP link to Bitfinex’s digital asset gateway.

Commenting on the news, James Banister, the Chief Executive Officer of Market Synergy said: “Following on from the successful launch of our institutional offering, we have extended our service to give clients the option of accessing a virtual server with built in connections to Bitfinex. In partnership with Bitfinex, we now have a range of products aimed at different levels within the market to suit different requirements."

“Our institutional offering – for clients with a dedicated server and connections – and our VPS offering both target the professional market, providing fast, secure and high performance connectivity to Bitfinex.”

Market Synergy operates as a separate subsidiary within the FXecosystem Group, which is a provider of connectivity services for the financial services industry, including the foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) and bond markets.

The group already possesses a unified point of entry that allows it to connect to a myriad of FX market participants worldwide, with access to its LD4 (London) and NY4 (New York) Meet-Me-Room (MMR).

“To truly live up to our promise as the home of professional trading, it is essential that we continue to develop a variety of connectivity solutions that meet the distinct demands of organisations, institutions and professional traders. Our continued partnership with Market Synergy allows us to deliver on this,” added Paolo Ardoino, the Chief Technology Officer of Bitfinex.