CryptalDash Integration with Bloomberg Data: To Bring About Mainstream Institution Trading in Crypto

The world has all eyes on the money of the future and the most viral application of this new age — Cryptocurrency.

Cryptocurrencies are taking center stage in disrupting the world’s long-established medium of exchange, and people are exceedingly attracted to it!

You will be hard-pressed not to find investors and traders, as well as other stakeholders of the global financial industry, not talking about the current ongoing financial disruption.

In an effort to replace traditional banking, cryptocurrencies have made it convenient to not only send and receive money but also to store and trade value.

However, this new technology has led to a myriad of other new problems. This includes the latency and inefficiencies caused by the infancy of the current crypto world.

For crypto exchange, traders have had to deal with multiple interfaces just to make a simple transaction.

To buy or sell Bitcoins, traders would have to switch from a Bitcoin wallet to an exchange wallet, then to a receiving wallet. This process is not only tedious in nature but also significantly results in a dramatic fall-out of the cryptocurrencies’ original value.

This is why companies such as CryptalDash are integrating advanced financial visualization technologies to realize true institutional and retail liquidity in this growing ecosystem.

By connecting exchange platforms to marketplaces, Cryptaldash is providing traders a connection to mainstream market analysis software-providers, such as Bloomberg. This encourages institutional traders to get into the market and therefore realize overall growth and expansion.

Here is how it works.

How Bloomberg’s Data Integration Works

CryptalDash is all about enabling mass adoption of digital assets through facilitating user-friendly trading — while also building an institutional grade trading platform — with state-of-the-art retail and institutional liquidity pools.

How does Cryptaldash achieve such revolutionary platform?

Simple.

CryptalDash is connected to major software vendors such as Bloomberg, SUNGUARD, ORC, CQG, Trading Technologies, and Meta Trader 5. This enables a quick and efficient institutional trading to CryptalDash’s users.

As a result of CryptalDash’s integration with Bloomberg data as well as other software vendors, users on the CryptalDash’s exchange platform are able to have access to the following scalable framework of services and extensions:

• Risk management
• Smart order routing
• Price distribution
• Hedging
• Custom algorithms and market simulations

These services enable institutional traders to perform trading controls, limit and market orders, time in force attributes and monitoring of commitments, and outstanding positions at any level of a multi-level account structure.

CryptalDash’s integration with software vendors like Bloomberg enables institutions and businesses to conduct real-time monitoring of trading positions, with a user-friendly interface for clearing functionality by multiple staffs at different levels.

Added Value for Users

The integration with Bloomberg’s data will translate to a reliable and faster access to institutional liquidity pools through the multiple components of the matching engine.

To put it simply, CryptalDash will be able to give a simplified single approach to two worlds i.e. the retail and institutional liquidity pools.

Institutions in the crypto space can now set up multiple system operations for their staff no matter the level, with a platform built to handle the complexities of a business environment.

Added Value for the Markets

CryptalDash’s integration with Bloomberg data is a step in the right direction towards supporting the uptake of this budding technology in the mainstream financial world.

The integration will increase overall market efficiency through the introduction of institutional traders, and better regulation and market stability.

Currently, the cryptocurrency market has been volatile and full of conventional retail traders. As a result, the risk has been overwhelming for institutional traders.

However, CryptaDash is offering solutions that will see both retail and institutional traders thrive.

Conclusion

CryptalDash is currently in its fifth ICO phase having raised more than $6 million in crowdfunding.

With an already established platform, this company is set to revolutionize the cryptocurrency trading market as we know it.

Its integration with Bloomberg data will enable institutional traders to manage costs of creating custom services while offering a regulation ready platform that will benefit the entire cryptocurrency market.

Already, there have been lots of exciting developments in CryptalDash product that we are extremely excited to tell you about!

But before that, we invite everyone to join in the Coin Listing Competition hosted by no other than the CryptalDash team. We aim to list the world’s top 25 favorite coins to participate in the exchange platform that is soon to launch.

As of this writing, we’re on 2nd week of the Phase Three of the Coin Listing Competition. The first 10 coins (winners of Coin Listing Competition Phase 1 and 2) to join the platform have been announced.

It’s not too late to join the competition yet!

Sign up to CryptalDash, submit your coin, vote for your favorite crypto coins, and earn huge points!

Aside from that, we are also GIVING AWAY 1 ETHEREUM to the whole Crypto community.

To win the whopping 1 ETH giveaway, click here.

Next Steps:

1. Follow us for more updates
2. Visit https://www.cryptaldash.com/ to participate in our Exchange ICO, (Last chance as we are almost finished!).