Caplin, the specialist provider of desktop and mobile e-trading technology, today announced the addition of cryptocurrencies to its range of technology components for multi-asset trading.
Using its financial markets domain expertise and multi-asset User Experience (UX), Caplin added a new asset class and further enhanced its platform in response to client requests for a professional and robust crypto trading experience. The platform combines features demanded by institutional traders such as volume ladders, watchlists, and Request For Quote or Request For Stream. Crypto trading is live with one client, significantly improving its customer offering, whilst delivering increased efficiency and scalability, and ultimately enabling market share growth.
Caplin’s focus on agile methodology provided the flexibility during development to change elements of functionality, reflecting rapid changes in crypto-market conditions. The platform utilises modern mobile multi-factor authentication, and monitors the market, proving real-time charts and notifications.
Caplin now supports the trading of FX, Equities, Futures, Fixed Income, Precious Metals, and most recently almost 35 crypto-assets. Its technology platform has been designed with the flexibility for banks and venues to add new assets to the system as required.
“Institutional crypto trading is a new and constantly evolving market, with market leaders focused on providing cutting-edge and user-friendly platforms. However, clients are also anxious about the way the market will develop, and have asked for a platform that mimics elements of FX trading whilst capturing ‘crypto-specific’ features,” said John Ashworth, CEO of Caplin. “Our clients demand speed and flexibility in product development, which is possible because we combine agile processes with advanced technology and many years of financial markets experience. This allows us to accommodate specific client needs while remaining flexible, even in new markets.”
He added, “Our technology platform is built to be easily adaptable to accommodate different assets. This resulted in crypto trading being added in only 90 days.”
Source: Caplin
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
As Technology Evolves, Asset Managers Adapt and Innovate
Citi Changes Organizational Structure
SEC Charges Virtu for Disclosures Relating to Information Barriers
ICE Futures Singapore Partners with CoinDesk Indices
Related articles
-
Broadridge survey shows investors emphasize traditional finance metrics over crypto-specific factors.
-
Token representations of blue-chip UK traditional equities and funds will trade alongside cryptoassets.
-
The new offering serves both regulated and unregulated digital asset businesses globally.
-
Investors can use smart contracts for trading and lending with tokens alongside traditional cryptoassets.
-
Unbacked crypto-assets do not perform any socially or economically useful function.