OKCoin has announced the launch of algorithmic trading tools on its trading platform – becoming the first Bitcoin exchange to offer these institutional trading tools to Bitcoin investors.
“By bringing professional trading technologies from the traditional financial world, OKCoin hopes to boost the growth and maturity of Bitcoin trading. Bitcoin trading is still in its infancy, historically-speaking, but many of the investors involved are quite sophisticated. We have seen a lot of increased interest from knowledgeable individuals, investment funds, and institutional investors. These investors are looking for an exchange that can provide the types of professional trading technologies that the traditional securities world takes for granted. OKCoin is committed to the continued enhancement of our trading tools and service offerings, and we will not stop until our platform offers all of the same trading services and options that one might expect from world-leading financial exchanges.” said Mr. Star Xu, Founder and CEO of OKCoin.
“By being the first Bitcoin exchange in the world to offer Wall Street level trading tools to sophisticated investors, OKCoin is not only raising the bar – we are leading the digital currency evolution,” said Mr. Changpeng Zhao, OKCoin’s Chief Technology Officer. “I am excited that I can leverage my Wall Street experience directly at OKCoin, and I see many opportunities for the company to fill gaps and shortfalls within the Bitcoin trading ecosystem.”
Fresh from its $4.5bn IPO, Nordic payments processor Nets has picked Spire as its partner to help with the physical roll out of mobile payments for Dankort customers.
Square has introduced a new update to its contactless and chip readers that reduces transaction speed to 4.2 seconds.
It seems laptops are about to catch the biometric fever as PayPal, Intel, Lenovo and Synaptics are collaborating to introduce FIDO-enabled embedded fingerprint solution to PCs.
Mastercard is working with Stripe to expedite the payment process for American sellers on the latter's marketplaces using the instant payouts feature from Stripe.