Crypto Alternate Bitstamp to Change Its Matching Engine with Cinnober Options

© Reuters. Crypto Exchange Bitstamp to Replace Its Matching Engine with Cinnober Solutions

Bitstamp, one of the leading European virtual currency markets, announced on Monday that it would change its matching engine with software from Sweden’s financial services provider Cinnober. The move comes after both sides changed their shareholders’ structures with new majority owners.

Bitstamp tapped Cinnober because its TRADExpress, a specialized trading and post-trade service for cryptocurrency exchanges, implements technologies from traditional stock markets as well as solutions from virtual asset and blockchain industries, Nejc Kodrič, the CEO of the trading platform explained.

The cooperation with Bitstamp is the first significant crypto deal for Cinnober after US stock exchange NASDAQ made an offer…

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Source link

Be the first to comment

Leave a Reply

Your email address will not be published.