SINGAPORE–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/bitcoin?src=hash” target=”_blank”gt;#bitcoinlt;/agt;–Trading Technologies International, Inc. (TT), a global provider of
high-performance professional trading software, infrastructure and data
solutions, today announced that connectivity to CoinFLEX, the world’s
first physically delivered bitcoin futures exchange, is now available to
eligible professional and retail traders outside the U.S. through the
TT® trading platform.
With this new link to CoinFLEX, TT users who are eligible to trade on
CoinFLEX now have access to the world’s first physically delivered
stablecoin-to-stablecoin futures contract, offering Tether (USDT)
against Circle’s USD Coin (USDC). These stablecoins are pegged to the
U.S. Dollar and allow traders and investors to trade on global
cryptocurrency markets without dealing with slow and expensive bank
wires.
Mark Lamb, CEO of CoinFLEX, commented, “Together with our technology
partner Trading Technologies, we are excited to deliver a robust trading
and charting solution to the retail trader market. Access to CoinFLEX
through TT will also be available to commercial hedgers, including
mining firms, OTC trading desks and global proprietary trading firms,
many of whom are already using TT’s toolset.”
Michael Unetich, VP of Cryptocurrencies at Trading Technologies, said,
“This connection to CoinFLEX will greatly benefit our eligible customers
outside the U.S. who are seeking to diversify their crypto portfolios
and differentiate their trading strategies. Through TT, they now can
trade cryptocurrencies with our comprehensive array of award-winning
professional trading, charting, spreading and algorithmic tools via a
global trading infrastructure that delivers optimal speed, security and
stability.”
TT’s privately managed infrastructure spans five continents, delivering
secure market access and superior performance from anywhere in the
world. Designed specifically for professional traders, TT incorporates a
broad array of customizable tools to accommodate trading strategies that
range from manual point-and-click trading to low-double-digit
microsecond automated order entry.
CoinFLEX is owned by a consortium of high-profile technology companies,
market makers and crypto investors, including Trading Technologies.
About Trading Technologies
Trading Technologies (www.tradingtechnologies.com,
@Trading_Tech)
creates professional trading software, infrastructure and data solutions
for a wide variety of users, including proprietary traders, brokers,
money managers, CTAs, hedge funds, commercial hedgers and risk managers.
In addition to providing access to the world’s major international
exchanges and liquidity venues, TT offers domain-specific technology for
cryptocurrency trading and machine-learning tools for real-time trade
surveillance.
About CoinFLEX
CoinFLEX, formerly CoinfloorEX, is the first physically delivered
cryptocurrency futures exchange, developed to solve the issues with cash
settled crypto futures contracts and provide high leverage ways to hedge
bitcoin exposure with zero index or settlement manipulation risk.
CoinFLEX is incorporated in the Seychelles and is focused on the Asian
retail trader market as well as the market for commercial hedging,
including mining firms, OTC trading desks and global proprietary trading
firms.
Contacts
MEDIA CONTACT
Lorna Kiewert
3Points Communications
(312)
725-7950, Ext. 1
[email protected]