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.
CryptoCortex to the institutional crypto trading market
Deltix has been deploying quant and algo trading solutions at nearly 200 buy-side and sell-side institutions for equities, futures, options, FX and synthetic instruments. Last year, based on customer demand, Deltix combined its core software products and added new features specific to crypto trading to create CryptoCortex, the most advanced institutional crypto-trading platform available.
CEO and Founder of Deltix Ilya Gorelik said that they are extremely excited to release CryptoCortex to the market. They have a 10-year track record of providing systematic trading platforms to demanding institutional quant and algo trading firms in other asset classes. That experience perfectly positions them to bring CryptoCortex to the institutional crypto trading market. They have already five institutional clients across the sell-side and buy-side firms with many others in the pipeline. Since they are already working with all sides of the crypto trading ecosystem, they have constructed CryptoCortex from a unique perspective unavailable to the majority of other software solution providers.
Crypto trade execution platform provider Omega One is an early adopter of CryptoCortex. Co-founder and CEO of Omega One, Alex Gordon-Brander, said that they sees Deltix’s CryptoCortex platform as a key piece of their highly innovative execution pipeline. They are looking forward to implementing it as part of their continued partnership with Deltix.