QuantHouse onboards cash cryptocurrency data via DVeX
QuantHouse onboards cash cryptocurrency data via DVeX
London, Paris, Chicago, 10 December 2019: QuantHouse, the global provider of end-to-end systematic trading solutions including innovative market data services, algo trading platform and infrastructure products and part of Iress (IRE.ASX), today announced that real-time and historical data for cash cryptocurrency pairs will be made available through QuantHouse’s single API via DVeX. DVeX is the electronic digital asset exchange owned and operated by DV Chain, part of the DV Trading group of companies.
DV Trading is a liquidity provider and active market maker across a wide range of asset classes including cryptocurrencies. Leveraging its significant presence in the cryptocurrency sector, DV Chain has launched its own electronic OTC marketplace for all major cash cryptocurrency pairs. DV Chain, via the DVeX platform, offers end clients a reliable source of accurate pricing data for cryptocurrencies, as well as a source of liquidity with significant enough volume to meet the needs of institutional clients.
All QuantHouse clients will be able to access market data from DVeX via the single QuantFEED API, which provides a unified format for real-time data from 150 multi-asset sources. Streaming data will be disseminated through QuantHouse’s global fiber optic network and accessible from anywhere in the world, with historical data recorded in parallel at the FeedHandler level can be made available via the QuantHouse private cloud. In addition, clients who actively trade on DVeX can leverage QuantHouse’s QuantLINK global network connectivity to route orders back to the exchange via DVeX’s proprietary FIX API.
Salloum Abousaleh, Managing Director, Americas, QuantHouse, said, “QuantHouse is committed to streamlining workflow for global buy-side firms by providing single API access to all major financial markets, independent of asset class. DV Chain is leveraging our publication technology stack to publish their data to QuantHouse’s global distribution network, making it available to consumers anywhere in the world. We have been working with DV Trading for several years and are excited to expand our longstanding partnership with DV Group beyond providing inbound market data, hosting and network infrastructure, allowing our client and partner community to consume DVeX cryptocurrency data with minimal integration effort via the QH API.”
Dino Verbrugge, Founder, DV Group and DV Chain, added, “DV is extremely excited to leverage the Quanthouse platform to deliver reliable, actionable cryptocurrency prices to institutional clients in a format that is easy to integrate into their existing trading infrastructure. With this partnership, clients can simply add DVeX as another venue, using the Quanthouse normalized API, just as they would for any traditional exchange or marketplace, and either use the cryptocurrency quotes for research and analytics or set up a trading account directly with DVeX and trade.”
Lindsay Clarke, Holly Finn
Tel: +44 020 7959 2235
QuantHouse provides end-to-end systematic trading solutions. This includes ultra-low latency and consolidated market data solutions with QuantFEED, algo-trading development framework with QuantFACTORY and proximity hosting and order routing services with QuantLINK.
We help hedge funds, market makers, investment banks, brokers and trading venues achieve optimal trading performance, develop and integrate new trading strategies, comply with regulatory requirements, test existing and new trading infrastructure tools and rationalize operating costs.
The QuantHouse API Ecosystem store is a unique global initiative with the objective to provide the framework within which capital markets participants can quickly and easily gain access to multiple trading venues, technologies or applications through standard APIs. The QuantHouse API Ecosystem store has developed over time to what is now the largest API ecosystem community of buy- and sell-side participants, exchanges, prime brokers, trading venues, hedge funds, market makers and other financial services partners and vendors.
About DV Chain and DVeX
DV Chain provides liquidity and market making services to institutional clients and exchanges in the cryptocurrency industry. Through DV Chain’s OTC and electronic OTC (“eOTC”) service, clients can buy and sell a broad range of cryptocurrencies either via phone, IM, or electronically via its eOTC platform, and seamlessly settle those transactions in multiple currencies the same day. DV Chain also provides lending, borrowing and other professional services related to cryptocurrencies to help make the trading process more efficient.
DV Chain is also the largest liquidity provider to DVeX, a cryptocurrency exchange built for professional trading firms. Clients can access DVeX and trade multiple physical cryptocurrency pairs denominated in multiple fiat currencies using traditional trading applications such as Quanthouse, connect directly via its FIX or REST API, or simply use the DVeX Pro trading application. Physical delivery and custody is provided by a trusted independent custodian ensuring the segregation and safety of clients’ assets. Clients can also lend their assets or borrow additional assets with other clients on the DVeX platform knowing that their assets are tracked and physically stored and maintained with the same independent custodian.