As we hope you have now heard, Trading Technologies has launched connectivity to an important new asset class, spot cryptocurrencies! For TT, this represents a move into a marketplace that caused us to rethink the end-user experience so we could offer the cryptocurrency trading platform we would want to use. We are proud to be partnering with Coinbase’s GDAX exchange as our initial exchange connection into cryptocurrency trading.
We thought it would be fun to catch up with Adam White, Vice President and General Manager of GDAX, to get his perspective on the GDAX exchange, partnering with TT and the crypto market. Many thanks, Adam, for taking the time to share your thoughts.
– Mike Unetich, VP, Cryptocurrencies
Continue Reading →
Tags: 5 Questions / Interviews
On January 29, 2018, the CFTC and the DOJ coordinated announcements regarding the filing of civil enforcement actions by the CFTC, naming five corporations and six individuals, and the filing of criminal actions by the DOJ against eight individuals (including six of the same persons named in the CFTC actions), for engaging in, or aiding and abetting, spoofing in the U.S. futures markets. The CFTC actions imposed fines ranging from $1.6 million to $30 million, which was the highest CFTC spoofing penalty to date. The announcement also marked the largest futures market criminal enforcement action in the history of the DOJ.
Continue Reading →
Tags: Surveillance
By now, we hope you’ve heard the big news: not only will TT be expanding into a new asset class, crypto (!), but also we’ll be doing it with a connection to Coinbase’s Global Digital Asset Exchange (GDAX).
“Why now?” “Why GDAX?” “How do I get involved?” “Will TT offer full functionality for crypto trading?” These are all questions we expect to be hearing in the upcoming days.
Continue Reading →
Tags: Crypto
There is nothing quite like the shot of panic you feel when you receive a letter from a regulator indicating that your trading activity, or trading activity that is under your purview, is being investigated for potential market abuse. These initial letters are usually just the prelude to a long process where the only certainty is that it will be expensive and time consuming regardless of the outcome. And now that prison time is on the table for certain malicious trading behaviors, the stakes have never been higher. In 2017, the CTFC tripled the amount of enforcement actions involving disruptive trading practices, levying tens of millions of dollars in fines and permanently barring traders from CFTC regulated markets.
Continue Reading →
Tags: Surveillance
I recently saw an industry article with the theme “how I would be thinking about bitcoin if I were to put my old broker hat on.” This was a very timely perspective as Cboe/CFE and CME are launching their bitcoin offerings within the next couple weeks. As the VP of Cryptocurrencies at Trading Technologies and an avid cryptocurrency participant, I’ve been thinking about the same from a trader’s perspective.
Continue Reading →
Tags: Crypto
