You want to launch a Crypto Brokerage or Exchange? Here’s how!

FinanceFeeds Editorial Team

Devexperts will be holding a free webinar to explain to brokers step by step how to go about it. Save the date: September 16th at 9am London!

The trading industry has finally caught up with the times as firms increasingly roll out cryptocurrency trading products and expand their distribution across the globe.

We can no longer say that launching a crypto offering is the pioneer thing to do. We’re past that. We are now in the process of massification as the emerging asset class enters the mainstream.

This means that even more conservative industry executives such as banks and investment funds are now adding crypto or considering doing so as the new status quo reveals itself.

If anyone out there is thinking about how to introduce crypto to retail investors, look no further. Finance Feeds is excited to announce that our Editor in Chief will be moderating a free webinar, courtesy of Devexperts, that will explain step by step how to go about it.

“I encourage decision-makers to reach out to me in advance with any questions they’d like to ask to help shape our discussion and hear from three trading technology specialists on the spot”, said Nikolai Isayev, Editor-In-Chief at Finance Feeds.

Devexperts developments in crypto trading technology

Devexperts is a renowned provider of financial software for brokerages, exchanges, and wealth management firms. The company has experienced great demand for software for trading and exchanging cryptocurrency & digital assets.

Clients’ requests vary from sourcing a unified market data feed to full-fledged trading platforms supporting deliverable and margin trading of spot, futures, and digital assets.

Its crypto brokerage solutions feature web, mobile, and desktop terminals, a dealing desk, risk management, price and matching engines, OMS/EMS, charting, customer portal, back-office, APIs, and gateways to crypto exchanges.

The webinar will have speakers from Devexperts (Jon Light), dxFeed (John Willock), and GCEX (Henry Price) guiding brokers through the setup of a crypto trading solution: technology and payments integration, pricing and liquidity, risk and data management, and contract settlement.

It will also be most interesting to understand the key differences between Crypto CFDs, Crypto Spot, and Crypto Perpetuals in terms of popularity, risk management, and profitability for brokers.

How to go about it – whether building in-house or partnering with a platform provider – will also be covered during the webinar that is addressed to:

– Established and startup cryptocurrency brokers and crypto exchanges
– Stock and Forex/CFD brokers
– Fintech and cryptocurrency projects

Jon Light, VP of Trading Solutions at Devexperts, said: “During the webinar I will explain to our viewers how the origins of the crypto exchange platforms left a footprint on today’s digital exchanges. This will help us recognise some of the nuances with adding crypto to your brokerage.”

Henry Price, Quant & Digital Assets Specialist at GCEX, commented: “I specialise in crypto and digital assets at GCEX. Brokers must be aware of limitations and core requirements in order to provide the best liquidity sourcing and delivery possible. Having begun my career in the crypto industry, I’d like to explain a few nuances of the market and asset class in general, how they differ from traditional markets, and how to capitalise on opportunities at an institutional and regulated level.”

John Willock, Board Advisor, Market Data Division at dxFeed, added: “Crypto markets are a growing class of assets for retail and professional traders. The role of market data is often underestimated by Forex, CFD, and Crypto brokers. On September 16th on the webinar I will demonstrate the importance of market data in such a decentralized and burgeoning area where quality information makes all the difference. These concepts can help show the risks involved and how the right tools can mitigate them.”

Register now for this free webinar in order not to miss it!

September 16th, 2021, Thursday

9:00 AM London

11:00 AM Cyprus

4:00 PM Hong Kong

Busy at this time? No problem. Register anyway, and we’ll send you the recording.

The webinar will explore the digital asset industry in-depth, from its origins to protocol differences, reliable data feeds, regulatory requirements, proliferation of / or / industry occupation by MetaTrader, and security.

Brokers who wish to introduce a crypto offering should also be aware of forks and airdrops and how they impact trading and settlement on crypto offerings today.

The emerging asset class has taken the world by storm and brokers can no longer sit on the sidelines. FOMO – fear of missing out – has truly been passed on to brokerage firms as not only client onboarding but also client retention is at stake.

Read this next

Uncategorized

Moscow Exchange reports $350 billion in November FX volumes

FX trading volumes continued its upward momentum at Moscow Exchange (MOEX) during November, buoyed by a steady rise in volatility coupled with a multi-year effort to bring new business to the platform.

Retail FX

Interactive Brokers’ volumes continue growth trajectory in November

Interactive Brokers LLC (NASDAQ:IBKR) has announced higher trading volumes in November, dwarfing the metrics for October and the same period last year by 20 percent.

Retail FX

Exness trading volume hits record highs for second consecutive ‎month

FX broker Exness’ trading volumes have breached new highs in November, building on the record-breaking turnover streak from the beginning of the fourth quarter. That has been aided by the economic impact from the Covid-19 developments and inflation concerns that apparently sent investors hunting for FX instruments to limit their risk exposure.

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.

Digital Assets

Can Coinbase make or break XRP? – (Congress, XRP rating, JP Morgan)

According to Coinbase’s Council, XRP has the highest rating among 28 cryptos – meaning it is the closest you can get to a security: 4 out of 5.

Digital Assets

Polygon (MATIC) delves deeper into blockchain gaming by partnering with GameOn

Polygon, the Layer 2 scaling solution for Ethereum, has announced a partnership with GameOn Entertainment to build new and different types of NFT games on the network as it seeks to expand into the blockchain gaming and NFT space in a major way.

Retail FX

David Beckham to promote GemForex across Asia

GemForex makes efforts to lead in trading conditions, execution times, safety of client funds and data security, according to the FX and CFD broker holding a Mauritius Financial License.

Retail FX

InstaForex extends sponsorship deal with Borussia Dortmund after German Cup win

InstaForex provides access to trading of forex, CFDs, stocks, futures, options, and cryptocurrencies as the FX industry goes multi asset to address the needs of an increasingly demanding client base. 

Digital Assets

Treasury Secretary Yellen still cant decide on digital dollar

Treasury Secretary of the US, Janet Yellen, has said that she still is not sure whether the US should go ahead and have the digital dollar and follow the example of other major countries including China and India in introducing the same.

<