Integral Acquires a Patent for Packaging Limit Orders and RfQ Liquidity

Tuesday, 30/01/2018 | 11:54 GMT by Finance Magnates Staff
  • The innovation allows for increased liquidity, by combining “liquidity from multiple market micro-structures.”
Integral Acquires a Patent for Packaging Limit Orders and RfQ Liquidity
Finance Magnates

Integral has officially received a US patent for its newly developed system, which allows for the combination of Liquidity from multiple market types.

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The application of liquidity from more than one type of source provides increased liquidity levels, across a wide range of assets that might otherwise be far more illiquid. Sources of liquidity can be obtained and combined from various markets, including OTC and designated contract markets (DCMs). The company has managed to develop a system that can create a “hybrid market” for a wide array of instruments, by automatically implementing a central limit order book (CLOB).

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Integral’s innovation provides liquidity access to numerous market participants, including retail clients. By combining Limit Orders with OTC Request for Quote (RfQ) liquidity, Integral is able to provide improved liquidity to clients.

Harpal Sandhu, Integral founder and CEO, commented on the company receiving the US patent: “Integral has a long history of innovation to solve some of the most difficult problems in financial markets. We are delighted to receive approval for the patent in the U.S. that addresses the fundamental problem of creating a hybrid market that combines liquidity from multiple market micro-structures. We look forward to working with market participants who would like to benefit from this innovation.”

Over the past few years, Integral has managed to continuously improve its products, and reduce costs for its users. The company has maintained pursuit of its agenda to improve execution across the FX market. In 2015, Integral launched its Open Currency Exchange (OCX), aimed at improving liquidity levels by aggregating direct, indirect and resting order liquidity into a one central exchange. While it initially launched with a monthly subscription cost of $275, it was soon lowered to $2.75 per million to accommodate the trading volume of each user, rather than imposing an even charge to clients of all sizes.

Integral has been tending to the recent surge in demand for Cryptocurrencies . The financial technology company initially integrated a handful of the world’s leading digital currencies into its OCX trading platform in December of 2017. Last week, it expanded its crypto offering to include 14 different virtual coins, linking 16 crypto exchanges from around the world.

Integral has officially received a US patent for its newly developed system, which allows for the combination of Liquidity from multiple market types.

Discover credible partners and premium clients at China’s leading finance event!

The application of liquidity from more than one type of source provides increased liquidity levels, across a wide range of assets that might otherwise be far more illiquid. Sources of liquidity can be obtained and combined from various markets, including OTC and designated contract markets (DCMs). The company has managed to develop a system that can create a “hybrid market” for a wide array of instruments, by automatically implementing a central limit order book (CLOB).

[gptAdvertisement]

Integral’s innovation provides liquidity access to numerous market participants, including retail clients. By combining Limit Orders with OTC Request for Quote (RfQ) liquidity, Integral is able to provide improved liquidity to clients.

Harpal Sandhu, Integral founder and CEO, commented on the company receiving the US patent: “Integral has a long history of innovation to solve some of the most difficult problems in financial markets. We are delighted to receive approval for the patent in the U.S. that addresses the fundamental problem of creating a hybrid market that combines liquidity from multiple market micro-structures. We look forward to working with market participants who would like to benefit from this innovation.”

Over the past few years, Integral has managed to continuously improve its products, and reduce costs for its users. The company has maintained pursuit of its agenda to improve execution across the FX market. In 2015, Integral launched its Open Currency Exchange (OCX), aimed at improving liquidity levels by aggregating direct, indirect and resting order liquidity into a one central exchange. While it initially launched with a monthly subscription cost of $275, it was soon lowered to $2.75 per million to accommodate the trading volume of each user, rather than imposing an even charge to clients of all sizes.

Integral has been tending to the recent surge in demand for Cryptocurrencies . The financial technology company initially integrated a handful of the world’s leading digital currencies into its OCX trading platform in December of 2017. Last week, it expanded its crypto offering to include 14 different virtual coins, linking 16 crypto exchanges from around the world.

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
  • 4261 Articles
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