Seed CX Crypto Trading Platform to Leverage Beeks Financial Cloud Low-Latency IaaS Service
Seed CX Gets Connected to Beeks Financial Cloud
A low dormancy infrastructure-as-a-service (IaaS) supplier for fiscal markets, Beeks Financial Cloud Group, declared today that it adding connectivity to virtual asset firm Seed CX, in its NY4 data center.
According to its CEO, Gordon McArthur, it has become overly vital for firms to consume a diverse variety of virtual assets and implement trades. Beeks is therefore client driven even as several of its clients are moving towards a more virtual asset markets.
Supported by Bain Capital Ventures, Seed CX was established in 2015, whereby it provides institutional traders with a trading stand as well as the US-based market for spot contracts on fiat-to-virtual asset pairs. Presently, the firm is intending to provide spot-contracts in Litecoin, Bitcoin, Bitcoin Cash as well as Ethereum.
Seed CX Derivatives
Additionally, Seed CX is intending to provide derivatives to its customers. Due to the fact that the company yet to launch its spot-trading market, compounded by the diverse challenges virtual asset derivatives are facing, there is a possibility that it may take some more time before people start trading bitcoin futures with the firm.
On the basis of the fact that Seed CX trading stand is founded on NY4, customers who are located on the servers managed by NY4 can have easy access to the platform. In this way, the virtual asset firm’s customers can speedily deploy and test the Seed CX market it becomes active next month.
The crypto firm, as well as its subsidiaries, have diverse licenses from supervisory bodies in the United States. Together with an impending BitLicense with the New York Department of Fiscal Services, Seed CX is licensed as a Swap Execution Facility by the Commodity Futures Trading Commission, which is a fiscal services commercial venture by the Financial Crimes Enforcement.
Additionally, it is registered as a money transfer firm by a number of supervisory firms in several states in the United States. In case an individual is interested in understanding more about the firm, as well as getting to know about what they have in store for the future, an upcoming meeting will help.
The Finance Magnates London Summit will be taking place this November, and anyone with an interest in the firm will have a wonderful opportunity to get to know more about it. During the summit, the firm’s Chief Strategy Officer, Sam Tegel, will be present to examine the complexities of the retail as well as institutional virtual markets.