XTRADE Bringing Proven Financial Technologies to the Cryptocurrency Market
A stock exchange trader is the person or company involved in the trading of equities.Stock traders can be agents,arbitrageurs,speculators,stockbrokers. Such equity trading in large companies traded in general can take place through one of the main stock exchanges,such as the New York Stock Exchange or the London Stock Exchange,which acts as an auction for the buying and selling of shares.Shares in smaller public companies are bought and sold in the counter (OTC) market.
Stock trading can be done by the stock owner or an authorized agent to buy and sell on behalf of the stock owner.Proprietary trading is to buy and sell for the profit or loss of the trader himself.In this case,the principal is the warehouse owner.The agency trades buys and sells from agents,usually stockbrokers, on behalf of clients,but in this article we will discuss the cryptocurrency trade.
In January 2018 there are more than 120 separate exchanges of cryptocurrencies,which facilitate trade in more than 1000 individual markets. The daily amount of cryptocurrency trading now amounts to $ 20 billion with a market value of over $ 700 billion.Most of the merchandise is concentrated among the top 20 stock exchanges,dominated in split-eye,including some crypto including Bitcoin and Ethereum to sovereigns such as USD,GBP,JPY, CNY and KRW among others.The forecasts show a growth towards the market capitalization of $ 1-2 trillion by 2018 and the same 3% of daily goods of 3% equal to $ 50 billion or more,official website http://xtrd.io/
XTRADE was created by financial and commercial professionals to solve the problem by improving and integrating current business practices.The Financial Information eXchange (FIX) protocol was created in 1992 to function as a "universal" communication language for international financial transactions. order systems are different,there is a strong need to present all executions between brokers,exchanges,mutual funds,investment banks and direct participants in market access using the universal format.FIX is a standard way of communication for trading in global equity markets and is also widely used in currencies,bonds and derivatives.Every important participant in the institutional and professional market uses FIX to trade and has done so for over 25 years.
Our Products
-FIX API
Industry-standard exchange API
-SPA
Single Point of Access for Exchanges
-XTRDPRO
Direct-connect desktop trading
-XTRDDARK
Partner trading ecosystem
(All information about XTRD products can be found on the website)
We plan to initially deploy our servers in NY4/LD4 where many of the large US crypto exchanges already have a point of presence.
Our goal is to provide a secure and reliable trading environment.To achieve this, all our core components will be isolated from the public internet. Access to trading servers and market data feeds will be available only inside our private network.There are several connectivity options that will be available for our clients:
• Cross-connect inside datacenter
• Access over the Internet using IPSec channel,all incoming and outgoing traffic will be encrypted
• Rent a VPS server from us.We will offer a rapid-deployment environment with multiple OS images (like Linux or Windows) to choose from
• Co-location services.Clients will be able to rent 1U or 2U slots to deploy their own servers inside our network.
Here is a FIX table to illustrate basic Xtrade order entry for cryptocurrency pairs :
Timeline – Q1 2018:
Institutional Private Sale SAFT Platform Accredited Presale Public Pre-Sale TGE/Public Sale Institutional Private sales,SAFT Platform sales and Public Presale will take place at discounts,tokens will be generated and sent to whitelisted participants at preagreed discounts as the TGE occurs.As funds arrive during the TGE, tokens will be generated continuously until either
- the hard cap is reached (hard cap amount TBA)
- the final sale date is reached (final sale date TBA)
No additional XTRD tokens will ever be created after the final sale date.
Token Par Value:
$0.10 per token pegged to USD
'If you would like to participate in purchasing Token please visit LINK https://xtrd.typeform.com/to/bHalLQ and fill in FORM correctly,then follow the instructions'.
Xtrade will utilize the funds generated form the token generation event to :
- Facilitate the creation of the FIX API and Xtrade GUI platforms
- Maintain a large balance sheet allowing for cross-exchange execution with Xtrade SPA
- Make markets in multiple crypto currencies to minimize spreads and increase liquidity for market participants
- Employ legal and compliance teams to ensure regulatory compliance and proactively engage with regulators
- Onboard sales and marketing teams to develop a client base
- Create a venture arm to seed emerging trading technologies in the crypto execution space deemed complementary to Xtrade’s mission.
Whitepaper : http://xtrd.io/xtrd_whitepaper.pdf
Facebook : https://web.facebook.com/xtradeio/
Twitter : https://twitter.com/xtradeio
Telegram : https://t.me/xtradecommunity
Linkedin : https://www.linkedin.com/company/xtradeio
Blog : https://medium.com/xtradeio
Ann Thread BTT : https://bitcointalk.org/index.php?topic=2720300.0
My Account BTT : https://bitcointalk.org/index.php?action=profile;u=395093