Wall Street Veterans team up with XTRD to enhance its trading strategies.
NEW YORK, NY — March 8th, 2019 — BKCoin Capital, LP (“BKCoin Capital”) is pleased to announce its intention to leverage the infrastructure and trading technology developed by XTRD.IO (“XTRD”), a trading technology company. The recently-inked partnership brings the esteemed clientele of BKCoin Capital access to XTRD’s mature technology and infrastructure for cryptocurrency markets.
BKCoin Capital, one of the first digital asset hedge funds, committed to delivering consistent, uncorrelated absolute returns through the exploitation of arbitrage opportunities across various regulated digital asset exchanges globally. The fund’s partnership with XTRD will help utilize global financial markets to enable easy cross exchange trading and market data analytics through a unified, secure, and co-located portal bespoke to institutional needs.
“We are excited to work with XTRD in order to continue to provide our clients with transparency across all of our global trading operations. BKCoin Capital’s deep fundamental and technical analysis along with our powerful proprietary algorithms help us stay at the forefront of active portfolio management of digital assets. This partnership will allow BKCoin Capital to actively collaborate in bringing higher standards, legitimacy, and sophistication to digital asset markets.” says Carlos Betancourt, Founding Principal at BKCoin Capital.
XTRD will integrate BKCoin Capital into its own ecosystem to provide easy access to real-time market data and execution for multiple crypto exchanges via XTRD’s unified FIX API. BKCoin Capital will now seamlessly get access to new liquidity pools without significant changes in their algorithms.
Alexander Kravets, CEO of XTRD, said “The needs of the institutional trading community require a level of abstraction, focusing on alpha as opposed to the infrastructure challenge of coding to hundreds of exchange API’s. We are excited to work with BKCoin Capital in enabling efficient trading opportunities across the space.”
BKCoin Capital, LP is one of the first digital assets hedge funds in New York, NY founded by two former traders bringing over 20 years of institutional trading experience. The team behind BKCoin Capital has over 45 years of wide-ranging experience on Wall Street including managing and trading over $40 billion multi-asset portfolios at large institutions such as JPMorgan, Evercore ISI, and AllianceBernstein. Poised to become a key disruptor in the decentralization of financial systems, BKCoin Capital, LP is offering investors a venue to capitalize on market conditions while aiding in the establishment of cryptocurrency as a new asset class. Visit https://bkcoincapital.com for more information.
Founded in 2017 by global financial markets trading experts, XTRD is introducing a new infrastructure to allow banks, hedge funds, and large institutional traders easy, reliable access to any cryptocurrency market they choose. By building a low-latency infrastructure with a unified FIX API across multiple liquidity points, XTRD is taking an industry standard technology used within global financial markets – namely FIX - for over 25 years and introducing it to the cryptocurrency market. Visit https://xtrd.io/ for more information.
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