FastMatch Adds Bitcoin Market Data to FX Tape
- The new addition is modelled on similar approach for other FX instruments.
FastMatch, the Euronext-owned foreign exchange trading venue, has added Bitcoin to FX Tape as the company plans to support the trading of the Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term later in the year.
Discover credible partners and premium clients at China’s leading finance event!
The FX Tape streaming service now provides real-time last trade data on the big daddy of cryptocurrency against the US dollar (BTC/USD).
We understand the new addition is modelled on a similar approach for other FX instruments, which consists of established institutions engaged in the market. This provides a last-sale data feed with price, size and timestamps. The idea itself makes sense due to the decentralized and international nature of the cryptocurrency market, and the lack of a single regulatory authority sitting above it.
FastMatch FX Tape
The driver of this jump into the crypto space was cited as the increase in awareness of virtual asset class and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technologies.
By default, the trades will be collected in aggregated and delayed fashion to minimize market impact, and possibly to reduce costs compared to the case where those trades are disseminated in real time. While the service will consolidate data from several resources, the product is distributed to market participants and vendors via FastMatch and Euronext’s distribution networks.
Earlier in November, FastMatch offered real time public access to its FX Tape feed at €40 per month.
FastMatch, the Euronext-owned foreign exchange trading venue, has added Bitcoin to FX Tape as the company plans to support the trading of the Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term later in the year.
Discover credible partners and premium clients at China’s leading finance event!
The FX Tape streaming service now provides real-time last trade data on the big daddy of cryptocurrency against the US dollar (BTC/USD).
We understand the new addition is modelled on a similar approach for other FX instruments, which consists of established institutions engaged in the market. This provides a last-sale data feed with price, size and timestamps. The idea itself makes sense due to the decentralized and international nature of the cryptocurrency market, and the lack of a single regulatory authority sitting above it.
FastMatch FX Tape
The driver of this jump into the crypto space was cited as the increase in awareness of virtual asset class and Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term technologies.
By default, the trades will be collected in aggregated and delayed fashion to minimize market impact, and possibly to reduce costs compared to the case where those trades are disseminated in real time. While the service will consolidate data from several resources, the product is distributed to market participants and vendors via FastMatch and Euronext’s distribution networks.
Earlier in November, FastMatch offered real time public access to its FX Tape feed at €40 per month.