Weekly Wrap: Bitcoin Algo Trading Adds Coinsetter and Developments at Italian Regulator
Saturday,07/02/2015|13:55GMTby
Adil Siddiqui
The world of crypto currencies was pleasantly surprised this week with news of the Italian Central Bank recognizing Bitcoins. Tradewave adds algorithmic trading on Coinsetter, more stories in the Bitcoin weekly picks.
Bitcoin's prices were flirting around the $225 mark this week with positive news of developments both from a regulatory and business expansion perspective. The key announcement was the Italian Central Bank's notification on Bitcoins, in addition, a number of firms benefited from capital injections. Continue reading for the weekly wrap of virtual currencies news courtesy of DCMagnates.com.
BitVC Joins Growing Number of Market Maker-Takers
Leading margin and futures Trading Platform of Chinese Bitcoin exchange Huobi, BitVC, plans to implement a maker-taker trading fee model. The announcement comes one week after Huobi’s USD exchange, BitYes, employed a similar model. Both divisions are looking to increase volumes and Liquidity as Huobi looks to expand internationally. Under the terms, market makers–who add liquidity with orders not immediately executable– will not pay trading fees for such orders.
Tradewave Extends Algo Bitcoin Trading Support for Coinsetter
Tradewave, a platform which offers algorithmic trading strategies for bitcoin, has enhanced its coverage to support Coinsetter. TradeWave offers a range of strategies including pre-packaged automated trading algorithms which aim to remove much of the emotion from trading. The systems follows a social theme, whereby traders can share and follow other successful strategies in the community. The system allows traders not to have any prior coding experience.
In addition, the platform allows you to back-test a strategy against historical data, and if you’re comfortable, try it in the live environment.
Industry Concerns Result in Licensing Revisions with Revised BitLicense Rules
A prominent figure in the proposed Bitcoin regulations, Benjamin Lawsky, the Superintendent for the New York Department of Financial Services (NYDFS), has issued a note on bitcoin licensing. Mr. Lawsky published a 46-page document of the revised “BitLicense” regulations. The latest rules come on the back of feedback from the public, with over 3,700 comments submitted by the public on the initial proposal. In the final version, several clauses and definitions were added that should settle most of these concerns. The main rule is that no person can engage in “Virtual Currency Business Activity” without a license.
Italian Central Bank Believes the Use of Virtual Currency “Must Be Considered Lawful Activity”
The Central Bank of Italy becomes the latest regulatory authority to support the development of virtual currencies. The authority has published three directives on virtual currency, as reported by Bitcoin Magazine. The directives contain some key points indicating a relatively positive stance toward Bitcoin. The rulings state: “In Italy the purchase, use and acceptance of virtual currency must be considered lawful activity: the parties are free to transact in amounts not expressed in legal tender.”
Bitcoin's prices were flirting around the $225 mark this week with positive news of developments both from a regulatory and business expansion perspective. The key announcement was the Italian Central Bank's notification on Bitcoins, in addition, a number of firms benefited from capital injections. Continue reading for the weekly wrap of virtual currencies news courtesy of DCMagnates.com.
BitVC Joins Growing Number of Market Maker-Takers
Leading margin and futures Trading Platform of Chinese Bitcoin exchange Huobi, BitVC, plans to implement a maker-taker trading fee model. The announcement comes one week after Huobi’s USD exchange, BitYes, employed a similar model. Both divisions are looking to increase volumes and Liquidity as Huobi looks to expand internationally. Under the terms, market makers–who add liquidity with orders not immediately executable– will not pay trading fees for such orders.
Tradewave Extends Algo Bitcoin Trading Support for Coinsetter
Tradewave, a platform which offers algorithmic trading strategies for bitcoin, has enhanced its coverage to support Coinsetter. TradeWave offers a range of strategies including pre-packaged automated trading algorithms which aim to remove much of the emotion from trading. The systems follows a social theme, whereby traders can share and follow other successful strategies in the community. The system allows traders not to have any prior coding experience.
In addition, the platform allows you to back-test a strategy against historical data, and if you’re comfortable, try it in the live environment.
Industry Concerns Result in Licensing Revisions with Revised BitLicense Rules
A prominent figure in the proposed Bitcoin regulations, Benjamin Lawsky, the Superintendent for the New York Department of Financial Services (NYDFS), has issued a note on bitcoin licensing. Mr. Lawsky published a 46-page document of the revised “BitLicense” regulations. The latest rules come on the back of feedback from the public, with over 3,700 comments submitted by the public on the initial proposal. In the final version, several clauses and definitions were added that should settle most of these concerns. The main rule is that no person can engage in “Virtual Currency Business Activity” without a license.
Italian Central Bank Believes the Use of Virtual Currency “Must Be Considered Lawful Activity”
The Central Bank of Italy becomes the latest regulatory authority to support the development of virtual currencies. The authority has published three directives on virtual currency, as reported by Bitcoin Magazine. The directives contain some key points indicating a relatively positive stance toward Bitcoin. The rulings state: “In Italy the purchase, use and acceptance of virtual currency must be considered lawful activity: the parties are free to transact in amounts not expressed in legal tender.”
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
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#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
What sources does the Finance Magnates newsroom rely on before publishing a story? #FinanceNews
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the editorial process: direct industry sources, reports, regulators, social media signals, and thorough cross-checking before anything goes live.
📰 Industry sources
📊 Reports & regulators
🔎 Verification before publication
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
