The launch of this new data feeds, and liquidity for cryptocurrencies by Match-Trade is in line with the rise of cryptocurrencies as an innovative asset class for brokers and institutions experiencing increasing demand for cryptocurrencies on their platforms. Like other offerings, Match-Trade has based this new feature on its proprietary matching engine technology. The Company can provide direct feeds and liquidity for the most popular cryptocurrencies such as Bitcoin, Litecoin, Ripple, Dash or Ehterum. Match-Trade has the technological ability to provide aggregated feed from exchanges which is adjusted to FX brokers conditions. The liquidity for cryptocurrencies is based on real volumes from selected and trusted crypto exchanges such as Bitfinex, Bitstamp, Gdax, and Poloniex. Match-Trade’s proprietary technology ensures the best quality execution and speed of price streams for this new instrument.
Technology backgroundMatch-Trade cryptocurrencies feed streams are available in three (3) different formats, via FIX, MT4 unifeeder, and Match-Trade system protocol. Traders connected to streams through FIX and Match-Trade system will receive feeds with market depth, which allow them to assess the market conditions before executing the transaction. Match-Trade can also provide fully automated B-Book execution option based on the Market Depth liquidity. The most important features of Match-Trade Data Feeds:
- Feed and execution for eight cryptocurrencies including BTC, LTC, Ripple, Dash, Etherum
- Low latency Data Feeds for FX and CFD instruments
- Data feeds available via FIX or MT4 unifeeder protocol
- FIX Data Feeds with five levels of Market Depth
- Unique source of prices from internal ECN market
- B-Book Execution based on Matching Engine technology
- We are pleased to announce that this data deeds & execution for eight cryptocurrencies solution is available for all existing and new Match-Trade clients and servers.