Gold-i Enhances Crypto Offering with CryptoCortex Integration

Gold-i, a trading systems integration specialist for the financial services ‎industry, continues to undergo more updates and integrations that are designed to make its CryptoSwitch 2.0™ solution more dynamic for cryptocurrency providers.

In this sense, the company today announced a partnership agreement to integrate CryptoCortex product suite, which provides a dedicated platform to ‎facilitate cryptocurrency trading for institutional ‎investors.

Developed by EPAM Systems (formerly Deltix), CryptoCortex provides broker/dealers and exchanges with FIX ‎and multi-cast data streaming capabilities, combined with REST and web sockets ‎interfaces. In addition to its flexible pricing engine, the solution presently secures ‎stable connectivity to more than 15 crypto venues.‎

Gold-i said the integration was made following a request from one of its clients who wanted to use the CryptoCortex platform to access 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 from Hehmeyer and Shift Markets via its Crypto Switch™ 2.0 – part of Gold-i’s Matrix product suite. The product operates as an advanced platform that allows brokers, crypto exchanges, liquidity providers and market makers to maximize a range of opportunities.

Furthermore, clients can access deep and diverse pools of liquidity with a fully cleared crypto solution. Additionally, Crypto Switch™ 2.0 can be seamlessly integrated into any 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 via a FIX API or other standard protocols.

For buy-side firms, CryptoCortex provides a one-stop platform for ‎market data aggregation, execution strategy and back-testing environment, as well as ‎smart order routing and advanced execution algos.‎ The platform offers separate configurations for each of these use-cases.

Commenting on the news, Gold-i CEO, Tom Higgins said: “As digital asset trading continues to gain momentum amongst brokers, Prime of Primes and hedge funds, a key part of our strategy is to ensure that the cryptocurrency liquidity available through Gold-i’s liquidity management platform is easily accessible, regardless of which trading platform clients are using. CryptoCortex is one of the most advanced platforms for digital asset trading, therefore integrating with them was a logical step for Gold-i.”

“We are delighted to partner with Gold-i to provide our customers with real-time, event-driven processing and analytics that not only meets their essential needs but also delivers actionable intelligence. Financial markets are among the fastest moving markets around, and with cutting edge tools – like CryptoCortex – that make data readily available, customers can quickly implement the best decisions possible,” added Ilya Gorelik, VP of Real-Time Computing Lab at EPAM.