Forex Platform Serving Goldman Sachs and Morgan Stanley Adds Crypto Trading
Software developer Kx Systems has launched cryptocurrency trading on its white label forex (FX) trading platform Kx for Flow, the company reported in a blog post May 14. Starting today, Kx for Flow customers are able to conduct spot trading of Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Ripple (XRP).
US-based Kx Systems is a high-performance software supplier with customers including global investment banking group Goldman Sachs, multinational investment bank Morgan Stanley, and GSA Capital Partners hedge fund. Kx Systems also commercialized the proprietary processing languages K and Q.
The platform operates with such liquidity sources as banks, non-deliverable forwards, precious metals, contracts-for-difference, and now cryptocurrencies.
New York cryptocurrency conference triples in size, tracking for $17 million in ticket sales
After bitcoin’s explosive surge in the latter part of 2017, the crowd at the flagship annual cryptocurrency conference has grown three times as large.
An estimated 8,500 are attending CoinDesk’s Consensus 2018 this week in New York City, according to Barry Silbert, CEO and founder of parent company Digital Currency Group.
That’s more than triple the 2,700 attendees CoinDesk reported for the May 2017 conference.
At roughly $2,000 a ticket, that means the conference is raking in at least $17 million in ticket sales alone this year. Last- minute admission is $3,000 a head.