Nasdaq Technology to Power Bitcoin Trading in Global Market
Bitcoin trading may be joining the likes of U. S. equities and other financial assets as part of global market exchanges. Nasdaq OMX Group Inc. recently agreed to provide the trading technology needed by Noble Markets, a New York-based startup company, to allow investors to trade bitcoin and other digital currencies. This will allow institutional investors, large companies, and hedge funds to include bitcoin trading in their portfolios, thereby enhancing the volumes and liquidity for the cryptocurrency. In particular, Noble Markets' platform will be using Nasdaq's X-stream trading system....
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Major American stock exchange Nasdaq has announced a first-of-its-kind partnership with bitcoin startup Noble Markets. As part of the deal, Noble will utilize Nasdaq's X-stream technology upon its formal launch, joining the 30 global marketplace that currently use the multi-asset trading platform. Led by founder and CEO John Betts, Noble Markets boasts a team with experience at traditional financial giants such as Goldman Sachs, Morgan Stanley, Merrill Lynch and UBS. Perhaps best known in the bitcoin community as one of the investors and organisers behind the campaign SaveGox.com, Betts....
In an impressive vote of confidence, NASDAQ, the world's second-largest stock exchange after the New York Stock Exchange, has begun development on a new global exchange for Bitcoin and other digital currencies. NASDAQ signs deal with a Bitcoin startup. Nasdaq OMX Group Inc., which owns NASDAQ, has agreed to provide New York-based Bitcoin startup Noble Markets with the core technology to power the new digital marketplace. The focus of this endeavor is to allow companies and institutional investors such as hedge funds to trade bitcoin and related digital-currency assets. Nasdaq's innovative....
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