Business
Fernhill’s Digital Asset Trading Platform MainBloq is Pleased to Announce the Completion of Their Integration with FTX
Fernhill’s Digital Asset Trading Platform MainBloq is Pleased to Announce the Completion of Their Integration with FTX.
About this update from Fernhill Corp.
[{"type":"text","content":"LAS VEGAS, NV / ACCESSWIRE / November 29, 2021 / Two weeks to the day since being acquired by Fernhill Corporation (OTC PINK:FERN), MainBloq has wasted little time in expanding their impressive offering. Already a leading algorithmic trading platform, MainBloq is rapidly ramping up to meet the growing institutional demand.CEO Ryan Kuiken commented "We are really excited to bring this integration to fruition. Pre-built exchange integration offerings are one of the many reasons institutional investors choose to utilize MainBloq and given the high visibility and rapid growth of FTX this integration proved to be highly sought after by clients and prospects alike. Increased integration is simply the first step of the joint planning between MainBloq and Fernhill."In a recent press release it was revealed that "FTX.US is currently the fourth-largest digital assets exchange in the U.S. in terms of volumes, with only Coinbase, Kraken, and Binance.US ahead. There is, however, one crucial metric where FTX.US is already outperforming both Coinbase and Kraken: liquidity.According to Cryptowatch, FTX.US is currently holding the number one ranking of all crypto exchanges in the U.S. for liquidity, with the company stressing that it maintained this position since the start of the year."CTO Marc Deveaux stated that "Clients continuously count on us to provide access to all the liquidity they need. Our integration with FTX was high up on our list of priorities and I'm proud of my team for completing this work so we can offer our clients yet another exchange in our arsenal."West Realm Shires Services Inc, the operator of FTX.US, announced the exchange's trading results for Q3 2021, with a 512% increase in average daily trading volume (about $360 million) among the key metrics covered. The platform saw $768 million traded in the last 24 hours, according to CoinGecko, which is not far away from the peak value of $807 million recorded during a 24-hour period on September 7.In addition to providing connectivity to over 30 liquidity providers around the world enabling clients to connect once and trade instantly across multiple exchanges to get the best execution on trades globally, MainBloq also provides clients with more than 10 built-in trading algorithms such Smart Order Routing, DMA, TWAP, and VWAP. Hedge funds and oth...