ConsenSys-Backed APEX:E3 Releases Multi-Asset Analytics Platform
- The platform can be used by both retail and institutional traders.
Trading tool provider APEX:E3 announced on Wednesday the launch of a cloud-based multi-asset analytics platform.
Based on an Automated 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 Identification and Classification Engine (ALICE), the platform can perform over 150 thousand calculations a second using proprietary algorithms, enabling traders to analyze thousands of markets in real-time, the company detailed.
The solution will cater to both institutional and retail traders.
Commenting on the new platform, Usman Khan, CEO of APEX:E3 said: "Our team is experienced in delivering institutional-grade technology and we are committed to building viable solutions for a wide range of traders and investors, including the retail sector which is massively underserved by the technology options available. We have addressed this need by providing low cost and easy access to our cloud-based multi-asset analytics platform."
A diverse analytics platform
Though initially, the analytics platform will only support digital assets, the company has plans to add other asset classes as well in the near future.
The announcement also detailed that the engine can tag news and social content by identifying assets that are currently being discussed on social networks and forums, helping traders easily connect market movements and media events.
The team has also deployed chatbots for various messaging platforms, giving traders and quants using the platform access to ALICE's long-short liquidation analysis and mathematics engine.
Founded in 2018, the startup is backed by ConsenSys and is run by a team of FinTech business operators, specifically from fixed-income 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 Algomi.
"We are thrilled to support APEX:E3 as they launch their multi-asset platform to bring much needed institutional-grade technology to the retail trader community. We look forward to collaborating with the team in the future and supporting the further roll-out and development of this technology," said Min Teo, partner at ConsenSys.
Trading tool provider APEX:E3 announced on Wednesday the launch of a cloud-based multi-asset analytics platform.
Based on an Automated 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 Identification and Classification Engine (ALICE), the platform can perform over 150 thousand calculations a second using proprietary algorithms, enabling traders to analyze thousands of markets in real-time, the company detailed.
The solution will cater to both institutional and retail traders.
Commenting on the new platform, Usman Khan, CEO of APEX:E3 said: "Our team is experienced in delivering institutional-grade technology and we are committed to building viable solutions for a wide range of traders and investors, including the retail sector which is massively underserved by the technology options available. We have addressed this need by providing low cost and easy access to our cloud-based multi-asset analytics platform."
A diverse analytics platform
Though initially, the analytics platform will only support digital assets, the company has plans to add other asset classes as well in the near future.
The announcement also detailed that the engine can tag news and social content by identifying assets that are currently being discussed on social networks and forums, helping traders easily connect market movements and media events.
The team has also deployed chatbots for various messaging platforms, giving traders and quants using the platform access to ALICE's long-short liquidation analysis and mathematics engine.
Founded in 2018, the startup is backed by ConsenSys and is run by a team of FinTech business operators, specifically from fixed-income 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 Algomi.
"We are thrilled to support APEX:E3 as they launch their multi-asset platform to bring much needed institutional-grade technology to the retail trader community. We look forward to collaborating with the team in the future and supporting the further roll-out and development of this technology," said Min Teo, partner at ConsenSys.