GuavaTech Connects to Crypto Exchange Seed CX

by Aziz Abdel-Qader
  • Seed CX offers institutional crypto trading through its CFTC regulated swap execution facility.
GuavaTech Connects to Crypto Exchange Seed CX
Reuters

Financial tech provider GuavaTech is adding low-latency connectivity to Chicago-based crypto exchange Seed CX, which allows its clients to access to a wider range of cryptocurrency markets and its key Liquidity venues. GuavaTech customers will benefit from this addition as it will enable them to add digital assets to their existing trading strategies and portfolios.

Seed CX, which offers through its CFTC regulated swap execution facility, received in 2017 a strategic investment from the cryptocurrency trading venue Bittrex. The company also has applied for a Bitlicense, which will allow it to bring cryptocurrency services to New York.

Seed taps into its banking relationships and wallet infrastructure to offer margined products as well as settlement mechanisms for margined products, using its settlement subsidiary, Zero Hash. It also offers secure custody of cryptocurrency and fiat assets.

Earlier, in January, Seed CX announced the launch of spot trading for institutional investors. Also last week, the company has partnered with Singapore-based fintech startup Hydra X to integrate Seed CX as one of the trading venues available on its multi-asset Trading Platform by Hydra X.

Seed CX Extends to Asia

With multiple currencies supported and several pairs traded, Seed CX is obviously gearing towards operating in the crypto space more like a forex broker, albeit focused on the institutional segment. Casting the spotlight on this realm, SeedCX’s Chief Strategy Officer Sam Tegel participated in the 2018 Finance Magnates London Summit, delving into the analysis of price discovery, liquidity, and hedging in different crypto trading models.

Commenting n the news, Michael Pappas, SVP of Business Development at GuavaTech, said: "We are pleased to offer our clients the capability to connect to Seed CX. GuavaTech’s proven global network and expansive customer base provides a robust connectivity option for Seed CX’s digital asset exchange. With the addition of Seed CX, GuavaTech continues to deliver the growth and flexibility that our clients require to expand and diversify their trading strategies.”

GuavaTech provides fully-managed technology services and global network connectivity to create business opportunities and synergies for its clients base, which includes proprietary trading firms, investment banks, hedge funds, broker/dealers and FCMs.

Financial tech provider GuavaTech is adding low-latency connectivity to Chicago-based crypto exchange Seed CX, which allows its clients to access to a wider range of cryptocurrency markets and its key Liquidity venues. GuavaTech customers will benefit from this addition as it will enable them to add digital assets to their existing trading strategies and portfolios.

Seed CX, which offers through its CFTC regulated swap execution facility, received in 2017 a strategic investment from the cryptocurrency trading venue Bittrex. The company also has applied for a Bitlicense, which will allow it to bring cryptocurrency services to New York.

Seed taps into its banking relationships and wallet infrastructure to offer margined products as well as settlement mechanisms for margined products, using its settlement subsidiary, Zero Hash. It also offers secure custody of cryptocurrency and fiat assets.

Earlier, in January, Seed CX announced the launch of spot trading for institutional investors. Also last week, the company has partnered with Singapore-based fintech startup Hydra X to integrate Seed CX as one of the trading venues available on its multi-asset Trading Platform by Hydra X.

Seed CX Extends to Asia

With multiple currencies supported and several pairs traded, Seed CX is obviously gearing towards operating in the crypto space more like a forex broker, albeit focused on the institutional segment. Casting the spotlight on this realm, SeedCX’s Chief Strategy Officer Sam Tegel participated in the 2018 Finance Magnates London Summit, delving into the analysis of price discovery, liquidity, and hedging in different crypto trading models.

Commenting n the news, Michael Pappas, SVP of Business Development at GuavaTech, said: "We are pleased to offer our clients the capability to connect to Seed CX. GuavaTech’s proven global network and expansive customer base provides a robust connectivity option for Seed CX’s digital asset exchange. With the addition of Seed CX, GuavaTech continues to deliver the growth and flexibility that our clients require to expand and diversify their trading strategies.”

GuavaTech provides fully-managed technology services and global network connectivity to create business opportunities and synergies for its clients base, which includes proprietary trading firms, investment banks, hedge funds, broker/dealers and FCMs.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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