Trading Technologies International, Inc
Trading Technologies & GDAX are Teaming Up
Trading Technologies International, Inc., an international provider of trading software, has partnered with Coinbase’s GDAX to suggest spot crypto trading and futures trades. Trading Technologies (TT) is known for providing trading software to various hedge funds and even to JP Morgan and Goldman Sachs. With the addition of TT instruments to GDAX’s podium, there’s a good chance that “major financial players” could begin exploring the crypto-market. The TT instruments could also help GDAX further expand its markets, which might help te enlargening the total crypto-trading volume.
Trading Technologies helps the leading futures and commodity traders conduct business with its proprietary software. Ter fact, TT instruments are used by traders ter futures markets such spil International Exchange, CME Group, and Nasdaq. According to a statement issued by Trading Technologies, the partnership will permit traders “to view market gegevens, submit orders, and leverage a market-leading suite of charting and automated trading instruments to trade cryptocurrencies on GDAX.
Another Sign of Mainstream Adoption
Ter December 2018, the CBOE and the CME Group announced that they’d be suggesting bitcoin futures trading. Cryptocurrencies being adopted by traditional financial institutions is a sign that the crypto-market could be headed for mainstream. Now that Trading Technologies has determined to work with GDAX te the cryptosphere, wij might start to see more experienced traditional investors coming in the crypto-world. Notably, one of the expected outcomes of crypto’s involvement with established financial institutions is to make it more stable. If this can be achieved, then more people might feel certain about getting into cryptocurrencies.
Rick Lane, CEO of Trading Technologies, remarked that his company’s partnership with GDAX will help “to supply enhanced and asset-class-specific functionality on the TT verhoging for cryptocurrency trading”. Adam White, vice voorzitter and militar manager at GDAX, said that the timing of the partnership inbetween his company and TT wasgoed “perfect” considering crypto futures were just flipped out. He also thinks the collaboration will result te “a seamless and secure way to trade digital assets“.
Keeping up With Regulations
Coinbase, GDAX’s parent company, is regulated by overheen 30 state money transfer regimes and the Fresh York Department of Financial Services BitLicense . Ter the next few months, Coinbase plans to introduce Coinbase Custody. According to the crypto-exchange company, this digital asset custodian will suggest “strict financial controls and secure storage for institutional investors wanting to trade digital currencies”. Coinbase Custodian also plans to suggest better customer support services and more security, spil stated on its webstek.
Clearly, thesis sophisticated trading contraptions are for very experienced traders and investors. If GDAX and Trading Technologies could also develop trading platforms that would attract more novices, then it would help the world’s financial markets to grow even more. Technical terminology related to traditional trading and cryptocurrencies is intimidating to many people. If institutions can help the media person understand how thesis markets work, then more people would become interested ter investing. Most folks know how to earn money. However, very few know how to invest their money so that it can embark working for them. This is a valuable abilities that needs to be trained.