Digital Assets

The initial phase of the Chainlink integration will span spot and one-month forward rates across major G10, Asian and emerging market currency pairs.  

The MiCA license, granted by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) will allow the firm to expand its European footprint across OTC spot trading operations.  

The initial trade was executed between FalconX and G-20 Group, and beginning 29 May, the contracts will be available for 24/7 trading.  

Enhancement builds on distributed ledger repo platform as firm extends multi-asset capabilities across post-trade and trading workflows. 

The connectivity is enabled via a point of presence in AWS Stockholm, and is set to boost access to crypto prediction market platforms that make use of the path between Tokyo and London-based cloud infrastructure.  

Specifically, the new offering will allow traders to hedge KRWQ perpetual positions both in EDXM International as well as alongside regulated spot trading on EDX markets. 

The move marks the first time that equities data from SIX’s exchanges has been accessible across more than 75 public and private blockchains in the Chainlink ecosystem.  

The collaboration is expected to provide competitive spreads and improved execution quality to support both institutional and professional spot digital assets trading.  

The platform aims to provide firms with institutional-grade datasets, which allow them to retain full control over what they publish; SGX FX, OTC Markets Group and Exchange Data International (EDI) are also joining as proprietary market data publishers.