The team at MarksMan Liquidity Hub is thrilled to provide its most recent update. This new connectivity-focused update contains a slew of new features that simplify the process of acquiring and managing crypto liquidity for customers. Aggregation, hedging, symbol mapping, synthetic instruments, and risk parameters are only a few of the platform's capabilities. With all of these alternatives accessible on a single platform, this is your entry point to premier digital asset liquidity pools.
With this update, we expand our reach by adding a fully functional adapter that connects to the world-renowned cryptocurrency exchange Bittrex Global. The newly installed adaptor connects easily with the global platform, delivering price discovery and market risk hedging services to MarksMan Liquidity Hub customers, enabling them to trade more products with less effort.
The Coinbase Liquidity Adapter has been a feature of the MarksMan Liquidity Engine for some years and has become even more helpful and comprehensive with the addition of hedging. It will enable users to hedge spot assets on key crypto asset trading platforms and manage market risks more effectively.
The constant and methodical inflow of fresh liquidity suppliers into the Marksman Hub. Binance, Coinbase, Kraken, Huobi, Gemini, Bitstamp, Bittrex, and Poloniex are all well-known brands in the world of cryptocurrency trading. And each week, they are joined by a growing number of newbies!
Along with Websocket and REST, we just added support for the widely used and industry-standard FIX protocol, often known as the Financial Information eXchange protocol. Additionally, we designed a FIX API that can be used to do real-time trading and get up-to-date market information.
For customers whose technological stacks are driven by Go, we created SimpleFix Go, a Go implementation of the FIX protocol. It is an open-source library offered by the MarksMan team that enables you to incorporate FIX communications into your environment easily. The library is developed fully in Go and is compatible with any FIX API version.
MarksMan is now able to provide liquidity for third-party tokenized stocks, including support for hedging. This move positions MarksMan to expand its presence in the securities market. Tokenized stocks are a novel and exciting development, and MarksMan is delighted to be a pioneer in this burgeoning industry.
The new features enhance Marksman Liquidity Hub's design and connection while also speeding its performance. The upgraded system now interfaces with major trading platforms and accepts quotations from numerous vendors. Additionally, the Hub enhances hedging possibilities and introduces new integration protocols. As a consequence, MarksMan enables more efficient liquidity access and trade execution. The revamped system's increased speed and flexibility will benefit both individual traders and institutional investors. Additionally, the revised design will aid in reducing latency and increasing execution rates.
We added support for streaming price feeds as well as order book snapshots. This enables customers to simply obtain real-time information on the newest rates, providing them a competitive edge in the market.
We adopted a new efficient data transfer format, which resulted in a more than 200 percent boost in the performance of MarksMan services. Additionally, the new format considerably lowered latency and used fewer processing resources. All of this results in an increase in the number of trade instruments handled by a MarksMan instance, more market depth, more frequent symbol quotation updates, and dramatically enhanced execution quality.
More information regarding the Marksman Liquidity Hub upgrades may be found here!
