QUOINE EXCHANGE (QUOINE.COM) Launches Vastly Improved UI, Margin Trading - Aims to Go Global
December 11, 2014 (MMD Newswire) — QUOINE EXCHANGE(https://www.quoine.com/), one of the world’s most advanced bitcoin exchanges, made its debut on the digital-currency scene in June and has been in stealth mode the past several months while it perfected its exchange platform.
QUOINE EXCHANGE initially targeted the Japanese market, where it quickly became the largest exchange in terms of volume shortly after its launch. Only three months after launch, QUOINE is processing volumes orders of magnitude larger than competitors in Japan. The exchange was developed by a top-notch team of former banking professionals with decades of combined experience in finance IT fields such as trading systems, low latency, pricing, and risk management. QUOINE.COM provides highly sophisticated features that include spot “physical” trading, trading on margin with up to 25x leverage, an asset lending facility, a developers API, and an advanced trader dashboard.
Superior Technology
QUOINE EXCHANGE’s matching engine (the software at the core of the exchange that matches buyers orders to sellers orders) has been stresstested and is capable of providing 1 million transactions per second of raw power, putting QUOINE’s technology far in advance of any other bitcoin exchange and on par with traditional stock and forex exchanges.
In terms of technology capacity and feature set, we are well ahead of any bitcoin exchange globally by a very significant stretch,” says Mario Gomez Lozada, CEO of QUOINE PTE. LTD., which is based in Singapore. Gomez Lozada also emphasized the high caliber team behind the technology at the exchange. “No other exchange in the world can claim to have the depth and breadth of knowledge of financial IT found in our team,” he says.
QUOINE’s team is comprised of two former IT senior executives and top developers, all previously employed at renowned world-class banks such as Bank of America Merril Lynch, Barclays, Citi, Credit Suisse, and Standard Chartered.
Global Expansion
QUOINE is poised to become the dominant player in the bitcoin exchange world by offering far superior products, technology, and security. The platform offers exchange services with local banks for deposits and withdrawals in Japan, Singapore, and Indonesia, and it is rapidly expanding with local banking services into Australia, Europe, Hong Kong, India, and the Philippines.
QUOINE will soon launch a bold worldwide growth plan. “Thus far our focus has been on perfecting our services in Japan. Now we have a very solid product and we will now kickoff a massive global expansion,” says Gomez Lozada.
Futures Trading and Other Derivatives
QUOINE EXCHANGE is also preparing to launch a derivatives platform in the coming weeks. “We will offer a full set of tools and products for our traders and have been testing our futures trading platform for some time now,” says Gavin Costin, a former senior developer with Barclays Capital and QUOINE’s VP of Platform, who is leading the development of the new futures trading platform. In addition to futures and the asset lending facility (loans) offered on the platform, the QUOINE team will also be adding to the platform support for trading options and other derivatives.
QUOINE EXCHANGE offers trading in Japanese Yen, Australian Dollars, Singapore Dollars, US Dollars, Euro, and Indonesian Rupiah.
Source: http://mmdnewswire.com/quoine-exchange-130965.html