Trading Technologies Connects CoinFLEX to Eligible Traders Outside U.S.

The innovative cryptocurrency operator was launched with the backing of renowned investors Digital Currency Group and Polychain, as well as Trading Technologies and Roger Ver.

Trading Technologies has made connectivity to CoinFLEX, a physically delivered bitcoin futures exchange, available to eligible professionals and retail traders outside the U.S. through the TT trading platform. Physically delivered futures means that at the time of a contract’s expiration, traders will be given the underlying cryptocurrency instead of a cash payment.

The global provider of high-performance professional trading software, infrastructure and data solutions added that with CoinFLEX, now eligible TT users now have access to the world’s first physically delivered stablecoin-to-stablecoin futures contract. The firm claims the futures contract ensures hedging with zero index or settlement manipulation risk.

Mark Lamb, CEO of CoinFLEX, commented:

“Together with our technology partner Trading Technologies, we are excited to deliver a robust trading and charting solution to the retail trader market. Access to CoinFLEX through TT will also be available to commercial hedgers, including mining firms, OTC trading desks, and global proprietary trading firms, many of whom are already using TT’s toolset.”

“This connection to CoinFLEX will greatly benefit our eligible customers outside the U.S. who are seeking to diversify their crypto portfolios and differentiate their trading strategies. Through TT, they now can trade cryptocurrencies with our comprehensive array of award-winning professional trading, charting, spreading, and algorithmic tools via a global trading infrastructure that delivers optimal speed, security, and stability.”

The physically-settled futures exchange is set to capture order flow from a wide range of market participants, from speculators to institutional players. To encourage liquidity and reward members who trade on the platform, the crypto exchange has also announced the daily distribution of FLEX Coin tokens.