Crypto Firm Seed CX Connects to Beeks Financial Cloud

Beeks Financial Cloud Group, a low-latency Infrastructure-as-a-Service (IaaS) provider for financial markets, announced this Tuesday that it is adding connectivity to cryptocurrency firm Seed CX in its NY4 data center.

“The ability for firms to consume a range of digital asset and execute trades is becoming increasingly important for all types of trading firms,” said Beeks CEO Gordon McArthur. “At Beeks, we are very client-driven and our clients are driving us towards more digital asset markets such as Seed CX.”

Founded in 2015 and backed by Bain Capital Ventures, Seed CX offers institutional traders a Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term and US-based market for spot contracts on fiat-to-digital asset pairs. Currently, the firm plans on offering spot-contracts in Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term, Ethereum, Bitcoin Cash and Litecoin.

Seed CX Derivatives

On top of this, the firm is looking at offering derivatives products to its clients. Given that the firm is yet to open its spot-trading market, and the various problems cryptocurrency derivatives are facing, it’s likely to be a while before anyone is trading bitcoin futures with Seed CX.

The same is not true of its spot market offering. No, it isn’t live yet, but the firm is confident that it will be by mid-October.

As Seed CX’s trading platform is based in NY4, clients located on Beeks’ NY4 managed servers can easily access it. That should allow the cryptocurrency firm’s clients to deploy quickly and test the Seed CX market before it goes live in October.

Seed CX and its subsidiaries hold a number of different licenses from US regulators. Alongside a pending BitLicense with the New York Department of Financial Services, the firm is licensed as a Swap Execution Facility by the Commodity Futures Trading Commission, a Money Services Business by the Financial Crimes Enforcement Network and as a Money Transmitter by regulators in over a dozen US states.

Interested in learning more about Seed CX and hearing what their plans are for the crypto-sphere? Look no further than the Finance Magnates London Summit. This November, Seed CX's Chief Strategy Officer, Sam Tegel, will be examining the intricacies of the retail and institutional cryptocurrency markets - can you really afford to miss that? I think not.