Broctagon Brings Crypto Liquidity Aggregator to Tackle Price Discrepancies
- This will allow the smaller exchange to compete with the bigger giants, the company believes.
Multi-asset Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider Broctagon on Wednesday announced the launch of a new crypto liquidity aggregator.
Dubbed NEXUS 2.0, the new service will tackle the price disparity of digital currencies on different exchanges, providing a similar trading experience to the traders.
Commenting on the development, Don Guo, chief executive of Broctagon, said: “We believe NEXUS 2.0 can transform crypto trading. Pricing discrepancies are currently holding the industry back from reaching its full potential. Offerings like this are essential in order to make the market a fairer place for all participants, allowing smaller exchanges to have a truly competitive offering from the get-go.”
A major issue with the crypto traders
Price discrepancies among exchanges are one of the major concerns of the crypto trading industry. This also breeds a new kind of profiteers - arbitrages - who hop from exchange to exchange to make profits on price differences.
According to Broctagon, the price discrepancies are the result of the lack of any messaging system between the exchanges. The impact is largely seen on smaller exchanges with less trading volume, where the trading prices often drift away from the market value.
The Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term engine channels price feeds from top global exchanges, with smart order routing to make sure clients get the same price, regardless of the exchange they trade on, the company explained.
“We’ve built our business on identifying problems in the market and working on innovative solutions to fix them, and NEXUS 2.0 is no different. This could encourage involvement from larger players from the traditional finance space,” Guo added.
“As financial institutions see evidence of similar trading capabilities and pricing consistency to the traditional markets, they could be encouraged to dive into crypto completely, tipping the scales towards mainstream acceptance.”
Multi-asset Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider Broctagon on Wednesday announced the launch of a new crypto liquidity aggregator.
Dubbed NEXUS 2.0, the new service will tackle the price disparity of digital currencies on different exchanges, providing a similar trading experience to the traders.
Commenting on the development, Don Guo, chief executive of Broctagon, said: “We believe NEXUS 2.0 can transform crypto trading. Pricing discrepancies are currently holding the industry back from reaching its full potential. Offerings like this are essential in order to make the market a fairer place for all participants, allowing smaller exchanges to have a truly competitive offering from the get-go.”
A major issue with the crypto traders
Price discrepancies among exchanges are one of the major concerns of the crypto trading industry. This also breeds a new kind of profiteers - arbitrages - who hop from exchange to exchange to make profits on price differences.
According to Broctagon, the price discrepancies are the result of the lack of any messaging system between the exchanges. The impact is largely seen on smaller exchanges with less trading volume, where the trading prices often drift away from the market value.
The Liquidity Aggregation Liquidity Aggregation Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Aggregation or liquidity aggregation can be characterized as the process of gathering buy and sell orders from different sources and directing them to a given executing party. This is most commonly done from multiple sources to minimize the risks from using a single liquidity provider. By aggregating liquidity from multiple sources, the broker is able to increase the depth of market it offers to its clients and therefore deliver better fills on the order flow when compared to when it uses a sing Read this Term engine channels price feeds from top global exchanges, with smart order routing to make sure clients get the same price, regardless of the exchange they trade on, the company explained.
“We’ve built our business on identifying problems in the market and working on innovative solutions to fix them, and NEXUS 2.0 is no different. This could encourage involvement from larger players from the traditional finance space,” Guo added.
“As financial institutions see evidence of similar trading capabilities and pricing consistency to the traditional markets, they could be encouraged to dive into crypto completely, tipping the scales towards mainstream acceptance.”