The MarksMan Liquidity Hub team is excited to announce its latest update! This release focuses on connectivity and includes many new features that will make it easier for clients to attain and govern crypto liquidity. With aggregation, hedging, mapping of symbols, synthetic instruments, and risk parameters all available on one platform, the Liquidity Hub is your gateway to first-class digital asset liquidity pools. Sign up now to take advantage of all these great features!
Table of Contents
New Features
New Bittrex Adapter
We’re excited to announce that we’ve added a new adapter for the Bittrex Global cryptocurrency exchange. This adapter integrates seamlessly into our platform and provides price discovery and market risk hedging services for our clients. Our clients can now use additional trading instruments with less effort as a result of this update. We’re committed to providing the best possible experience for our users, and this is just another step in that direction.
New Coinbase Hedging Adapter
The Coinbase Liquidity Adapter has been a part of the MarksMan Liquidity Engine for a long time, and now it’s even more valuable and complete with the new hedging integration. Users will be able to hedge spot assets on the largest crypto asset trading platform and effectively manage market risks as a result of this integration. The adapter is a critical tool in the Marksman system, and with this new update, it will be even more useful in helping users protect their investments.
New Liquidity Providers Support
New liquidity providers are constantly flowing into the Marksman Hub, with established names such as Binance, Kraken, Huobi, Poloniex, Coinbase, Bitstamp, Gemini, and Bittrex leading the pack. This is good news for traders looking for more options and better support when it comes to crypto trading.
FIX Protocol Support And New FIX API
We have recently implemented support for the popular and industry-standard FIX Protocol, better known as Financial Information eXchange, in addition to previously supported REST and Websocket. This protocol allows for real-time trading and receiving of up-to-date market information. In addition, our newly developed FIX API provides all the functionality necessary to take advantage of this powerful protocol.
Open Source FIX Protocol in Go
If you’re looking for an open-source FIX protocol library written in Go, look no further than SimpleFix Go. Developed by the Marksman team, this library is designed to help you quickly integrate FIX messaging into your environment. It supports any FIX API version and is easy to use.
Tokenized Stock Liquidity Support
MarksMan is excited to announce that it now supports the distribution of liquidity for tokenized stocks provided by third parties. This includes support for hedging, which will allow MarksMan to play a greater role in the securities industry. Tokenized stocks are a brand-new and fascinating concept, and MarksMan is happy to be at the forefront of it. We believe that this development will have a positive impact on the industry as a whole and we are eager to see how it unfolds.
The Marksman Liquidity Hub has been updated with new features that improve its performance and flexibility. The Hub now supports quotes from multiple providers and integrates with leading trading platforms, making it easier for brokers to access liquidity and execute trades. In addition, the Hub offers improved hedging capabilities and new integration protocols, which will benefit both individual traders and institutional investors. The new model will also aid in lowering latency and increasing execution rates.
Improvements
Price Feed As Order Book Snapshots
We’ve just added support for streaming price feed snapshots as order book updates. This means that clients can now receive real-time updates on the latest prices, giving them an edge in the market.
200% Increase In Performance And New Opportunities
We’ve just implemented a new, optimized data interchange format. As a result, the performance of our MarksMan services has increased by more than 200%. This also reduces latency and decreases resource consumption. All of this leads to an increase in the number of trade instruments processed by a MarksMan instance, increased market depth, more frequent symbol quote updates, and enhanced execution quality.
