FDCTech Integrates Binance Cryptocurrency Liquidity to its Multi-Asset Proprietary Trading Platform
November 09, 2021 at 09:30 am EST
Share
FDCTech, Inc. announced that it had integrated the Condor Multi-asset Trading Platform to Binance cryptocurrency exchange. As a result of this integration, brokerage firms can now access and stream pricing from Binance exchange into Condor Multi-asset Trading Platform. Brokerage firms can now use a single account to trade cryptocurrencies using Binance's liquidity and forex, equities, and other financial assets through other liquidity providers. Further, Brokerage firms can offer leveraged trading on Binance's trading products and adjust markup on bid/ask spread to suit their revenue model. Brokerage firms will be able to set risk parameters to manage trading and counterparty risks. The integration also allows Brokerage firms to offer token and coin offerings in the jurisdiction where such offering complies with regulatory requirements.
FDCTech, Inc. provides financial technology (fintech) and business solutions to OTC Online Brokerages and cryptocurrency businesses (customers). The Company operates through three segments: Wealth Management, Technology and Software Development, and Margin Brokerage Business. The Company operates its Wealth Management segment through its subsidiary, AD Advisory Services Pty Ltd. (ADS). ADS provides licensing solutions for financial advisers and accountants in Australia. ADS offers financial planners different licensing, compliance and education solutions to meet their practiceâs specific needs. It operates its Technology & Software Development segment through its subsidiary, Condor Trading Technology, which is a technology provider and software developer in the cryptocurrency or digital asset space. It operates its Margin Brokerage Business segment through its subsidiary, NSFX Ltd, which is an online trading brokerage firm.