The term trading or trade involves essentially the transfer of goods as well as services from one individual to another which may be in exchange for money or other services. And all this is facilitated through a platform known as the market. Trading can involve many products or services. It can be done over the internet etc but in this concept the term retail trade or trading is been considered. Retail trading basically comprises of the selling of goods as well as services from a particular or fixed location which or basically be online or otherwise. Commodities been sold here may comprise of stocks, equities etc. It is also noted that the global demand of retail trading has been said to basically increased or improved in both volume as well as speed. And also in the US, brokers are said to have experienced approximately a 50% growth over the past 10 years in terms of trading equity only in the US though not limited to this only.
Nevertheless, the current trading universe is faced with fragmentation in the sense that for a trader to trade his or her assets, they must first find or seek out the best platform that will enhance that thus making them identify with numerous exchange platforms and this therefore means that they are always subjected to different protocols in the sense that some platforms may require KYC while others won't coupled with the fact that they do have their limitations leading to insufficiency which are thus hindering the full scalability of the trading universe and HydraX is basically focused on solving these issues.
HydraX
This is a platform that seeks to bring about uniformity, simplicity as well as accessiblity coupled with complexity or sophistication in the entire process of trading. The HydraX platform aims to offer certain services to its users which includes: discovery of prices, management of order, execution of trade order as well as management of portfolios across the numerous trading platform.
The platform simply aims to offer all these i a professional standard through a purpose built platform which will be dedicated to multiple trading assets called Sigma.
SIGMA
Sigma is a portal created by the hydrax platform with the purpose of serving as a portal which will provide consumers or users with the needed acess to a cross asset markets that are fully integrated it will connect with multiple trading platforms which are involved with exchanging, brokers, liquidity as well as provision of data both digital and also traditional.
The trading platform of the HydraX aims to launch a platform which will incorporate the following:
I. API gateway which will offer low latency as well as fast or simultaneous multi platform connectivity.
II. An AMS ( account management system) for security and encryption.
III. An order management system to help manage orders on the platform.
IV. Portfolio management aggregator
V. A market data processing unit.
And with all these, the HydraX project will ensure that their users trade their crypto assets efficiently and effectively.
CONCLUSION.
HydraX will birth the Sigma project which will all put together models and tools that will ensure that individuals can trade their crypto assets in an effective and efficient manner on board a more secured platform.
TO KNOW MORE ABOUT THE HYDRA X PLATFORM
Join the Telegram Group: https://t.me/HydraXOfficial
Follow on Facebook: https://www.facebook.com/HydraX.io/
Follow on Twitter: https://twitter.com/Hydrax_io
Website: https://www.hydrax.io/
Sign Up: https://webtrader.hydrax.io/
Sigma account email address: [email protected]
Writer’s Bitcointalk Username: Musekay
Writer’s Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2070957