Caplin Adds Cryptocurrencies to multi-asset Trading
Caplin, the specialist provider of desktop and mobile e-trading technology, today announced the addition of cryptocurrencies to its range of technology components for multi-asset trading.
E-trading technology provided added a new asset class and further enhanced its platform after high demand from its client requests for a professional and robust crypto trading experience.
Crypto trading is live with one client, significantly improving its customer offering, whilst delivering increased efficiency and scalability, and ultimately enabling market share growth. It already support 35 crypto assets trading, with plans to add more while the platform also offers a customized technologies to support its customers needs.
Commenting on the new services, John Ashworth, chief executive of Caplin, said:
“Institutional crypto trading is a new and constantly evolving market, with market leaders focused on providing cutting-edge and user-friendly platforms. However, clients are also anxious about the way the market will develop, and have asked for a platform that mimics elements of FX trading whilst capturing ‘crypto-specific’ features,” said John Ashworth, CEO of Caplin. “Our clients demand speed and flexibility in product development, which is possible because we combine agile processes with advanced technology and many years of financial markets experience. This allows us to accommodate specific client needs while remaining flexible, even in new markets.”
“Our technology platform is built to be easily adaptable to accommodate different assets. This resulted in crypto trading being added in only 90 days.”