INTRODUCTION
The blockchain was first introduced in 2008 with the purpose of serving as the public transaction for bitcoin and since then the concept of digital assets has continued to increase especially as bitcoin was a success. Many people including myself who did not benefit from bitcoin because we did not invest in it at the early stage because we were ignorant or scared of taking risk have promised themselves not to make the same mistake twice and so a lot of people are adopting the concept of investing and making transactions in digital assets. The number is quite high, as of April this year there we're over 1565 cryptocurrency available with the most successful being Bitcoin followed by Etherum, Ripple , Bitcoin Cash, Litecoin and Eos. Though the large number has helped grow the market, it has also increased the problems faced in the market.
THE PROBLEM
With over 1565 cryptocurrency in the market and over 200 exchange platforms in which five have exceeded 1 billion USD equivalent in daily trading volume, and several others exceeding 100 million dollars in daily trading volume, it would be difficult to list all the cryptocurrency that have been issued. Fragmentation of both cryptocurrency and exchanges is therefore expected to be a persistent feature in the blockchain market in the near to medium term.
Unreliable Trade Execution
Trading in the crypro market has a lot of challenges one of which is unreliable trade execution, because of the current fragmentation of digital assets exchanges coupled with the relatively low trading volumes when compared to the traditional markets it often creates problems around liquidity and slippage. Because most of this big digital asset exchanges started as small ventures and grew rapidly over a short period of time, most times they cannot handle large order volumes which most of the times leads to high latency. This can greatly affect institutional traders and they end up losing even after using great strategies because their trades where not executed on time. Imagine a situation where I want to quickly buy a cryptocurrency who's value has dropped with the hope of it rising and that i would make a lot of profit from it but unfortunately for me due to technical difficulties I am unable to make the trade and eventually when the system has been rectified it's too late as the prices have gone up and I end up losing from that trade because it's execution was delayed
Lack of Security
If you know much about digital assets you would also know that there's a lot of risk involved as this exchanges are vulnerable to hacks for example the Mt. Gox hack in which about 473 million dollars worth of bitcoin was stolen, The DAO hack in which about 50 million dollars worth of Ether was stolen just to mention but a few. Existing exchanges lack many of the customer protections offered by trading platforms in traditional markets which include effective customer support and risk management capabilities. This is a crucial element of trading in any asset class. For example in the traditional markets you can manage your risks by automatically setting a trade to close the moment price is dropping below a set price.
THE CASPIAN SOLUTION
We have successful been able to highlight the problems facing the crypto trading markets. Allow me to introduce Caspian the solution to all the problems mentioned above. Caspian achieves this by providing a sophisticated connectivity and interoperability accross the numerous exchanges in the market, it is a complete asset management solution which covers the whole period of a trade. Caspian makes sure that the trader is fully equipped with comprehensive OEMS, PMS and RMS alongside good customer support. It is not the desire of caspian to bring confusion into the digital assets space or compete with existing exchanges but rather help the market grow by ensuring the purchase of digital assets instrument in a reliable manner to a large number of people thereby helping to bring liquidity, volume and dynamism to the digital asset space.
Caspian is a joint venture between two firms, Tora and Kenetic, each of which have successful track records in asset management and cryptocurrency investing. Tora is a leading supplier of asset management technology, including an OEMS that averages monthly notional equity volume exceeding US$100 billion and is currently responsible for 17% of Japanese institutional equity trading volume. The company, with connectivity to over 150 equities and derivatives exchanges, as well as clients in North America, Asia, Europe and Australia, is ideally positioned to launch Caspian, which will be the first large-scale institutional infrastructure specifically aimed at traditional asset management firms, and market makers.
KEY FEATURES AND BENEFITS
1. EXECUTION:
oems
Caspian order executive management system (OEMS) will provide a general control interface where managers and traders can easily carry out trade. This technology is based on that built by kora to serve its large client base. This interface would provide the following benefits listed below
- access to select major digital assets exchanges without having to switch to another interface
- the trader would be able to view prices, bid/ask, and depths for each exchange to the smallest available ticket size.
- ability to view and manage margins across multiple exchanges
- ability to view the progress of each order or order slice
algorithms
Caspian is built on Tora's algorithm framework and kinetics trading expertise to provide traders with institutional grade algorithms each order can be assigned to a particular algorithm and traders would benefit the following
- traders would enjoy a better overall execution price and reduced market impact in their order unlike manual trading orders
- traders can control the behaviour of a trading algorithm by applying set parameters and monitor it's perfomance throughout the order period
2. POSITION AND RISK MANAGEMENT
pms and rms
For example a trader wants to view data of his previous trading in other to strategize for future tradings Caspian pms is the right tool as it allows traders to monitor their positions and exposures as well as keeping a detailed record of each.
3. COMPLIANCE AND REPORTING
Traders need not worry any longer as caspian compliance feature would make trading a lot more easier. A trader can now set limits in his trading strategies.
WHY CASPIAN
Caspian provides you with all the features you need to manage your digital asset as carefully explained above, it also manages the technology which includes hardware and software integrations all so that you don't have to waste time on things that don't matter but rather spend your time on what really matters which is managing your digital assets. This is as a result of it's experienced team of blockchain developers ensuring that you enjoy maximum crypto assets security protocols. Caspian has 15 years Experience of building institutional grade trading systems.
USE CASES
Greg read about cryto currencies online and how he could profit greatly from them and without making proper market enquiries he began trading straight ahead and as a result of late trade execution his fire major trade was a failure. He talks to a colleague about it who introduces him to caspian and how caspian will help him trade better, he decides to take the risk one last time and it turns out that caspian is actually the best option for trading crypto assets and in no time he has regained what he lost. Greg goes about telling the good news of Caspian.
CASPIAN DEMOS
View the compliance demo here
View the position management demo here
View the order execution management demo here
CONCLUSION
Caspian complete asset management solution will complete eliminate the problems currently faced in the digital asset space such as unreliable trade execution, lack of security there giving more people confidence to come into the digital asset space which would lead to a significant growth in the space.
ROADMAP
THE TEAM
ADVISORS
MORE INFORMATION AND RESOURCES
• Caspian Website
• Caspian Whitepaper
• Caspian Steemit
• Caspian YouTube
• Caspian Telegram
• Caspian Videos
• Caspian Blog
• Caspian Events
• Caspian News
• Caspian Linkedin
• Caspian Management
DISCLAMER: The information contained within this post shall not be taken as financial advice. I am not a financial advisor and none of your investing should be carried out based on any information presented here. You can lose all of your money by not investing wisely. The above information is for educational and entertainment purposes only. Endeavour to do your own research
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