Caspian Adds Seed CX to Its Network of Crypto Exchanges

Seed CX, the institutional digital asset exchange headquartered in Chicago, is expanding its reach through a new partnership with Caspian, which provides a crypto portfolio and Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term platform.

Under the partnership, Seed CX will be integrated as a trading venue on Caspian’s trading and portfolio management system, which includes an OEMS, PMS, and RMS. Once the integration is complete, Caspian’s users would be able to access Seed CX’s crypto asset exchange, aka Seed Digital Commodities Market.

While Caspian’s offering is also aimed at professional traders, it also facilitates price discovery and asset transfers across multiple exchanges globally. The platform currently provides connectivity and interoperability across 35 cryptocurrency exchanges and OTC desks.

Caspian caters to both buy-side and sell-side traders

Caspian has been formed as a joint venture between Tora and Kenetic to bring in a full-stack crypto trading and risk management platform which offers for both buy-side and sell-side traders a suite of pre-trade compliance, trading algorithms and risk reporting tools. The company mainly targets professional traders with institutional-grade features like customizable market data.

Earlier, in January, Seed CX announced the launch of spot trading for institutional investors. Also last month, the company has partnered with TradAir to allow its customers to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term Seed CX’s suite of OTC trade settlement services that were recently launched by its custodian subsidiary, Zero Hash.

Commenting on the news, Seed CX co-founder and CEO Edward Woodford said: “This integration brings accessibility to institutional investors using Caspian’s technology to connect to our secure and efficient venue on which to trade digital assets, with robust margin models and strong risk controls.”

Robert Dykes, CEO of Caspian, added “Our two businesses are closely aligned with the common goal of wanting to bring greater institutional participation in the digital asset market and give the clients the tools they require. Our state-of-the-art PMS & OEMS solution and its seamless integration into Seed CX is exactly the kind of addition to the Caspian ecosystem that institutions require.”