Caspian OEMS & PMS integrates with Bit.com to ramp up institutional crypto derivatives offering
Hong Kong, 06 November, 2020 Bit.com the professional digital asset derivatives exchange has today announced it has integrated with Caspian, the leading crypto trading and portfolio management platform for institutional investors and sophisticated traders.
Caspian has connected to rising exchange, Bit.com, to further enhance their crypto derivatives trading offerings. The trading platform has seen a surge in demand from institutional investors wanting to trade crypto options & futures, and ultimately needed to further expand upon digital asset exchanges that offered advanced crypto investments.
Caspian and Bit.com have witnessed more traditional derivatives traders turning their hand to crypto derivatives trading this year. A trend that both companies don’t think will be slowing down any time soon. Bit.com has traded USD 1.03 billion turnover in October in BTC perpetual swap and options combined and shown a 63.5% month-on-month growth. Caspian has had its largest ever trading month with over $28 billion traded in August & September 2020.
Bit.com is a secure and high-performance derivatives exchange launched by Matrixport, an integrated financial services firm and household name in crypto. Matrixport was a spinoff from Bitmain Technologies, the world’s largest cryptocurrency mining equipment producer. Matrixport built the secure derivatives exchange in response to fast paced adoption of crypto derivatives by many miners, hedge funds, structures product providers over the past year.
Caspian was the first technology firm to provide a suite of institutional-grade trading solutions for crypto with a fully integrated Order and Execution Management System (OEMS), PMS, algorithms and real-time & historical reporting suite with customizable views. It has been focused on creating a strong crypto trading ecosystem so that institutional investors have all the traditional asset tools that they are accustomed to and meet regulatory requirements.
Robert Dykes, CEO at Caspian stated “We are really pleased to have added Bit.com as a new exchange to our platform. The connection will allow more institutional investors to seamlessly trade crypto derivatives and manage their portfolios through our single unified platform”.
Daniel Yan, COO of Bit.com explained “The connection into Caspian’s platform is a great step forward for both us and our institutional traders. They are looking for professional trading venues, good liquidity as well as a smooth front-to-end trading and risk management experience. We believe having these infrastructure is the key to make Bit.com a leading exchange for crypto derivatives trading”.
Caspian launched in March 2018 with its first-of-a-kind cryptocurrency investment platform that covers the entire lifecycle of a trade. Today, it provides a single interface into over 35 spot exchanges and seven derivatives exchanges from a single interface, a complete suite of sophisticated trading algorithms, real-time and historical PNL and exposure tracking and is known for its leading professional customer service.
Caspian is a full-stack crypto asset management platform tying together the biggest crypto exchanges and OTC desks in a single interface. The platform offers compliance, trading, algorithms, portfolio and risk management, and reporting. Led by an experienced team of developers Caspian is building an ecosystem that enables sophisticated traders to operate more efficiently and improve their performance.
Bit.com is incorporated in Seychelles. Established in February 2019, Matrixport was a spinoff from Bitmain Technologies, the world’s largest cryptocurrency mining equipment producer, and is backed by a league of top tier investors such as Jihan Wu, John Ge, Standard Crypto, IDG Capital, Lightspeed Venture Partners, Polychain, Dragonfly Capital, and Paradigm. Bit.com is a secure and high-performance derivative exchange launched by Matrixport, an integrated financial services and crypto firm.