IS Risk Analytics to offer exclusive Bitcoin price stream
Bitcoin price feed now available 24 hours/day 5.5 days/week
IS Risk Analytics today announced they will be offering broker clients an exclusive Bitcoin price feed that will be available 24 hours a day, 5.5 days per week. The independent price stream will give brokers a stable pricing source for an extremely high-demand product.
Regarding the new offering, IS Risk Analytics Managing Director Jeff Wilkins said, “With the demand we are getting from our broker clients combined with all the recent headlines surrounding Bitcoin, we felt there was an opportunity to help. We see the daily struggles brokers have with trying to price Bitcoin so it only made sense to have our team build the most reliable Bitcoin liquidity stream in the market place.”
IS Risk Analytics’ Bitcoin price feed is immediately available for brokers seeking to expand their current product offering, attract new clients or replace an unreliable Bitcoin price feed.
According to Coinbase, a San Francisco based currency wallet and platform, Bitcoin is the world’s most widely used alternative currency. It is estimated the total market value of Bitcoin is approximately $45 billion. The bitcoin network is made up of thousands of computers run by individuals all over the world.
Cryptocurrencies, and Bitcoin in particular, have been grabbing headlines recently. Last week, the Chicago Board Options Exchange (CBOE) announce it has partnered with Gemini, the Bitcoin exchange backed by investors Cameron and Tyler Winklevoss, as part of a bid to launch cryptocurrency derivatives trading. That followed an announcement the Commodities Futures Trading Commission decided to grant a license to LedgerX to clear and custody cryptocurrency derivatives for assets like Bitcoin.
