ERISX PARTNERS WITH ETALE, LAUNCHES NEW TRADING FEATURE

Crypto derivative platform ErisX has partnered with crypto software investment firm Etale.

The partnership aims to provide ErisX users with easy access to top trading options as well as institutional-level data.

This is according to a press release by ErisX. With the partnership, ErisX users will have unlimited access to all of Etale’s market data as well as its machine learning-based quantitative prototypes.

The derivative platform alleges that its main focus is to ensure smooth and dependable crypto trading. Also adding that this partnership will “enhance the trading experience” and proffer “high-quality solution to trade digital assets.”

In April 2019, the platform opened a live spot market for BTC, BCH, ETH and LTC alongside the U.S. dollar. In December, it began offering BTC futures, with plans to continue expanding this service in 2020. Besides, last summer, it obtained a Derivatives Clearing Organization permit from the US Commodities Futures Trading Commission.

Matthew Cushman, CEO of Etale confessed that he has high hopes about the partnership. He said: “We are thrilled to be working with ErisX and believe they are setting the bar for traders and investors in the digital asset space.” Further adding that the derivatives platform institutional-based infrastructure, licenses and regulated futures make it a choice marketplace.

Ian Grieves, ErisX Head of Product, pointed out that the partnership aims to provide members with excellent digital asset trading solutions. 

“We want to align the ErisX platform with best-in-class technology providers who will enhance the trading experience for our Members,” he said.

ErisX unique mode is providing users in the crypto space with much-needed security. It boasts of effective risk management tools for the futures market, hedging etc.

Previously the derivative platform disclosed that it has very little interest in individual users. Its main focus is on integrating institutional investors.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.