Deltix, Inc., has released its new product suite, CryptoCortex, for institutional trading of cryptocurrencies on multiple venues. CryptoCortex is an industry first platform, designed for the specific needs of broker/dealers, exchanges, and institutional buy-side firms. The platform offers separate configurations for each of these use-cases. Deltix already has five institutional clients using the platform, including buy-side and sell-side firms.
Trading in the cryptocurrency market has exploded and is quickly maturing as institutions enter the space. This creates demand for more sophisticated execution management, order routing and matching capabilities across the entire trading ecosystem. Last year, based on customer demand, Deltix combined its core software products and added new features specific to crypto trading to create CryptoCortex, one of the most advanced institutional crypto-trading platforms available.