Globitex introduces a digital currency exchange allowing everyone to trade commodities and money market instruments for Bitcoin. The existing institutional grade Bitcoin exchange, with unrivalled API capabilities will scale into a global spot and derivatives trading venue. It will allow producers to purchase exchange listed products for Bitcoin, and trading firms and speculators to hedge their risks in Bitcoin with derivatives trading. This will therefore increase the use cases for Bitcoin as a medium of exchange and ultimately establish Bitcoin as a unit of account suitable for global trade, with no geographic, political or monetary restrictions.
The Exchange Interfaces
Frontline modules are used by customers and partners for communication. These modules exhibit all the functionality provided by the system Core. They support protocols and industry standards that are widely used in the largest trading venues across the world. Each of these modules supports horizontal scaling to accommodate for growing system loads on the Globitex exchange.
The standard protocol used by a wide range of well-established exchanges, banks, and brokerage systems, to accept and process the bulk of client order flows is the FIX protocol (Financial Information eXchange). The FIX protocol is the preferred trading interface for automated trading systems and algorithmic traders. It is supported by the Globitex exchange and can be used by clients and match the highest performance, latency, and throughput expectations. It also allows integration of existing trading applications that
The Core System
The Core System consists of a set of services that ensure the operation of the exchange. The central components of the Core System are the Risk Management System, the Order Matching Engine, the Clearing and Settlement System, and the Data Feed Services. To handle high system loads and ensure fault tolerance, the Core System is designed to be modular, redundant, and CPU cycle and cache efficient. The system relies on advanced queuing and messaging techniques to achieve the highest throughputs with the lowestNew Developments
The Globitex platform will organise a REPO as a peer-to-peer lending facility. The system will support options to create collateral-secured loans for clients. A real-time risk-control module will allow clients to withdraw a part of the borrowed funds that does not exceed the specified haircut.Detail of Token
- NAME : GLOBITEX TOKEN
- SYMBOL : GBX
- TOKEN PRICE : 1 GBX = EUR 0.10
- SUPORT TOKEN : ERC20
- HARD CAP : EUR 10,000,000
- Total Supply : 300,000,000
More Info
Ann Thread : https://bitcointalk.org/index.php?topic=2257519.0Website : https://www.globitexico.com/
Whitepaper : https://www.globitexico.com/wp.pdf
Facebook : https://www.facebook.com/globitex/
Twitter : https://twitter.com/globitex_
Telegram : https://t.me/globitex
Linkedin : https://www.linkedin.com/company-beta/6377653/
Author : mriansa
https://bitcointalk.org/index.php?action=profile;u=886049