Crypto for retail investors: Panxora launches risk management solution

Rick Steves

Professional investors committing to volatile investment like cryptocurrency will characteristically employ risk management software to limit exposure to big drops in account value.

BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI: Monthly crypto crash is the new thing?

Panxora has launched a cloud risk management software that can be licensed by consumers investing in the cryptocurrency markets.

Panxora’s Risk Management as a Service (RMaaS) monitors the account’s digital asset holdings for increased volatility which can indicate the market is going to drop in value.

The software then moves account value from that asset into the safety of fiat currency waiting for the market to stabilize. Once the market returns to a less volatile state the models will move value back into cryptocurrency, frequently at a much lower price.

The strategy protects investors from big losses and the account returns to profitability far in advance of the market outperforming buy and hold, the firm claims, adding that the user can track this on the RMaaS dashboard.

Gavin Smith, Head of Risk Management at Panxora, commented: “We believe that cryptocurrency is at the start of a multi-year secular bull market. That doesn’t mean that there isn’t still significant volatility in the markets. This means that RMaaS’s delivery of superior risk adjusted returns can be of real benefit to any cryptocurrency HODLer, regardless of the size of their investment.”

Meet FinanceFeeds at the IFX EXPO International in Cyprus

Marcie Terman, Chief Operating Officer, said: “We have developed a self-administered, easy to use dashboard that makes the service accessible to the general public. Traditionally it is only sophisticated investors that benefit from the rapid growth in new markets – cryptocurrency is breaking that model providing a more equitable spread of wealth amongst followers that have joined the movement early.”

RMaaS will soon provide risk management for more coins besides bitcoin and ether as Panxora will be regularly releasing coverage for new coins over the next few months.

Panxora’s risk management service for cryptocurrency investing addresses the exponential growth of the digital asset market, with high profile investors like Microstrategy’s Michael Saylor buying bitcoin as well as the introduction of over $100bn dollars into the DeFi sector in just Q4 of 2020 alone.

These markets are extremely volatile. Professional investors committing to volatile investment like cryptocurrency will characteristically employ risk management software to limit exposure to big drops in account value.

Panxora is bringing a service, which is usually available to professionals and wealthy investors only, to retail investors. The cloud risk management software can be licensed by consumers investing in the cryptocurrency markets.

Read this next

Institutional FX

CME Group reports solid FX volumes, micro BTC futures average 27K contracts

CME Group (NASDAQ: CME), the holding company for CBOT, NYMEX, and COMEX exchanges, has just released its trading monthly review for November 2021, which showed a mixed performance across the group’s six product lines, according to a CME statement.

Institutional FX

PrimeXM’s volume hits new all-time high at $1.23 trillion

Average daily trading volumes across PrimeXM data center locations surged by over a third to a new record last month amid broad growth across different asset classes, the Swiss-founded technology company said today.

Institutional FX

Hedge-fund legend Steven Cohen invests in Dmitri Galinov’s 24 Exchange

24 Exchange, the OTC platform backed by Fastmatch founder Dmitri Galinov, has completed a fresh fundraising round of $14.25 million at an undisclosed valuation. The recent capital injection was led by Point72 Ventures, the venture capital firm of the hedge fund titan Steven Cohen.

Retail FX

5 Tips to Diversify Your Portfolio

Diversification is a popular investment strategy that has been used for decades by many investors of the calibre of Warren Buffet. Traders and investors take advantage of diversification because it reduces the risk of a portfolio and maximizes its returns.

Uncategorized

FX volume at Integral hits a fresh yearly high at $50.6 billion a day

Currency trading on Integral’s platforms rose in November from a year earlier as increased volatility across financial markets led to greater activity on institutional FX venues.

Industry News

Wise planning aggressive North American expansion in 2022

Wise, one of the largest payment technology companies that are looking for different and easier ways to move money around the world, has announced that it would be looking to rapidly ramp up its team and its services in the North American region in 2022.

Digital Assets

Coinbase buys Israeli firm Unbound Security

Coinbase, one of the largest crypto exchanges in the US, has announced that it has bought the company named Unbound Security, an Israel-based firm dealing with the security of crypto transactions, for an undisclosed sum.

Digital Assets

Square changes name to Block, signalling Jack’s interest in blockchain

Square, one of the largest payment companies in the world that are deep into crypto as well, has announced that it would be changing its name to Block, perhaps signaling its increasing intent to delve deeper into the blockchain.

Institutional FX

Cboe reports rebound in FX institutional volumes for November

Cboe’s institutional spot FX platform on Tuesday reported ‎its trading volumes for November 2021, which saw a ‎positive performance as a rise in volatility encouraged more buying and selling ‎of currencies relative to the month prior.‎

<