Digitrade

Digitrade is building a high performance electronic end-to-end exchange platform for institutional trading. Digitrade will be deployed with front-end and FIX order execution, pre-trade risk and middle-to-back office operation solutions for African and Latin American Banks, regulated and crypto exchanges and professional market participants. The system will provide a core set of interoperating modules including; a matching engine, a market-data ticker plant, advanced order routing and interfaces for trading and administration. Digitrade will be utilized mainly by exchanges and financial institutions who will trade bitcoin and approved coins, tokens and asset backed tokens directly between themselves. While most trading will be done by exchanges and banks on behalf of large customers, most trading will be expected to be proprietary, meaning that it will take place on behalf of participants for their own accounts. Participants will use Digitrade to manage their own exchange rate and risk as well as to take speculative positions. Market participants will be able to capitalize on an exclusive trading network to access bitcoin liquidity in a larger order size and price increment. In addition to bitcoin, Digitrade will be the exclusive venue for instruments issued by the Agency. These instruments will include asset backed tokens such as national currencies, baskets of national currencies, bonds, securities, natural resources, carbon credits, coins and tokens with various attributes created and issued by the Agency directly or on behalf of its members (Sovereign-States) to address specific needs or to take advantage of specific opportunities. Digitrade is being developed by a team with experience in building and delivering innovative high performance technology products for tier 1 capital markets. This team has built the infrastructures of some of the top traditional and cryptocurrency exchanges. Digitrade is part of the IBC www.nek-tar.ch/ibc