Caspian The First Central Exchange For Crypto Assets

prinsj (51)in #contest • 6 years ago (edited)

Introduction

Caspian is a platform that provides interoperability and highly sophisticated connectivity across various digital exchanges assets. To the not so tech savvy, Caspian is simply a software program capable of integrating data from multiple exchanges and even wallets i.e. you can manage trades from different exchanges in one platform…. {Caspian}

##Existing Problems in the Crypto Space.

Security

The Crypto Space, since its inception into the world of trade and exchange has suffered losses of over $4 billion with exchange accounting for more than %60 of the total loss. Cryptocurrency Exchanges lacks most of the customer protection the traditional markets offer such as risk management capabilities and good customer support.
Lack of Reporting and Compliance.
Because of the unavailability of adequate compliance and reporting, market participant{individuals and institutional traders} are force to proffer solution by maintaining a spread sheet to keep track of various asset activating which creates significant risk of error.

Unreliable Trade Execution

Since most cryptocurrency exchange began as a small venture and have organically grown with the help of market surge, large order volume is often a problem for them, this large volume has caused outage in most emerging exchanges.

Solution and Caspian Features

Execution; Caspian enhanced a technology build by Tora specifically for cryptocurrency traders, with it unified controlled centre optimised for fast trading, Caspian provides the following

Order and execution management system {OEMS} which allows quick access to all order types, tickets sizes and asset types supported by a given exchange.
Viewability of price, depth and bid/ask for each exchange to the smallest available ticket size.
Option of whether or not to use Caspians Smart Order Router and how to use it
Viewability and manageability of margin across multiple exchanges.
Messaging functionality for each order action and communicating potential compliance breech.

Security; the importance of security cannot be overemphasized especially in the cryptocurrecy where every coin has a market valuation. The Caspian ecosystem ensures that the privacy and integrity of all data are highly secured with the use of features like

Client app access can be limited to only a set of whitelisted IPs.
Ensuring that secure user sign-in is enforced through strong password complexity requirements and two-factor authentication.
Restricted access to back-end to a limited number of authorized administrative and support users

Compliance and Reporting; with the use of compliance and reporting engines, the problem of inadequate report and compliance is resolved. The compliance engine is also based on Tora’s Proprietary Technology, this technology offers low latency and robust functionality which includes:

Pre-trade limit; pre-trade limit contain features like exposure limit which can delay order execution until compliance check are complete and other limit level such as, warning limit, approval limits and absolute limits.

Post-trade compliance; post trade compliance are alerts, reporting an monitoring which can be delivered to users via email or other preferred and predefined means.
The reporting engine on the other hand provides a concise reporting capabilities consisting of simple Flat file report which are snapshort reports, trade files, position data, and audit reporting compliance reports.

Other Features Are:

Smart Order Router{SOR}; this is a module that enable users to view all exchanges as a single pool of liquidity. This will enable traders to simultaneously place trades on multiple exchanges by a few clicks on Caspian platform

Algorithm; with the enhanced Tora’s algorithm framework and kinetics’ trading expertise, Caspian provide institutional-grade algorithm from the on-set.

Caspian Token {CSP}

The Caspian Token {CPS} serves several principal objectives. CSP is used to incentivise third party developers, improve user experience {even though it is not necessary to get the token in other to use the platform}, used for discount programs by Caspian and for staking which will in turn yield interest for the individual who stakes their token.

Conclusion

Caspian has taken trading in cryptovurrency to a whole new level with simple and easy user action much more can be done in less time and wit improved accuracy, much more profit can be realised as user are exposed to diverse asset simultaneously in one single but robust platform, Caspian.

Existing Products