Blockchain
Top Cryptocurrency Exchange Bybit Partners With Electronic Trading Pioneer Actant
Victoria, Seychelles–(Newsfile Corp. – July 18, 2022) – Bybit, the only cryptocurrency exchange to offer USDC options, has partnered with trading solutions provider Actant to provide first-in-class trading tools for professional traders.
Bybit, which has one of the largest BTC futures open interest, is now fully integrated with Actant, bringing a full range of tools for risk, trading, automation, and quoting to the cryptocurrency exchange.
Actant provides trading solutions for financial firms, including proprietary trading and market making firms, investment banks, and hedge funds trading on the world’s major derivatives and stock exchanges. Building a strong partnership with Bybit allows Actant users to trade and clear on Bybit.
The full range of Actant tools for risk, trading, automation, and quoting are now available for trading on Bybit’s extensive derivatives platform. Bybit covers futures, perpetuals, and has recently introduced stablecoin-margined options contracts, which allows traders access to crypto options using USDC, without the need to buy/own the underlying crypto asset.
Traders on Bybit can take advantage of the platform’s margin and unified account system, which lowers margin requirements on hedged positions. This means traders can deploy profits from winning positions to offset the losses of losing positions in the same portfolio. Additionally, with Bybit’s industry-leading liquidation protocol and world-class security, traders can be assured of safety and fairness across all Bybit trades, every step of the way.
“Actant is excited to have the opportunity to add and spotlight Bybit as part of our crypto destination offering,” said Dan Sacks, CEO of Actant. “Actant is committed to rapidly expanding support of the crypto space, but remains selective in its investments. Bybit’s innovation, leadership, and success accelerated our commitment to this integration. We look forward to enabling our mutual clients to unlock the full potential of Bybit with Actant’s algorithmic quoting, and ExStream automated trading and hedging.”
“I’m confident this partnership will benefit both our institutional and retail clients,” said Ben Zhou, co-founder and CEO of Bybit. “Actant, as an industry leader, is a natural fit for Bybit, and we are excited to combine their institutional-grade tools with our deep liquidity and ultra-fast 100K TPS matching engine. This partnership will allow users of both our platforms to benefit from the exponential growth of the crypto derivatives market, and strengthen both parties’ positions as market leaders.”
//ENDS
About Bybit
Bybit is a cryptocurrency exchange established in March 2018 that offers a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. Bybit is a proud partner of Formula One racing team, Oracle Red Bull Racing, esports teams NAVI, Astralis, Alliance, Virtus.pro, Made in Brazil (MIBR) and Oracle Red Bull Racing Esports, and association football (soccer) teams Borussia Dortmund and Avispa Fukuoka.
For media inquiries, please contact: [email protected]
For more information please visit: https://www.bybit.com/
Contact:
MarketAcross PR
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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131125
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This Week in Finance News: 11 Stories You Need to See
With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
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By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few. - Cardinal Health announces two strategic additions to its portfolio
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The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately. - PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
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Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too. - GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics. - Most US shoppers are encountering generative AI while shopping without realizing it
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