Businesses and market makers now have access to margin and shorting, as well as the ability to minimize capital held on a bitcoin exchange
NEW YORK, NY (January 12, 2015) – Coinsetter, the Wall Street institutional-level bitcoin exchange, today announced it will begin offering margin trading and post-trade settlement to select business customers. Post-trade settlement allows customers to place trades on Coinsetter’s order book before making a deposit. This structure allows customers to trade without holding large balances on an exchange, limiting their exposure to third-party risks. In addition, the new program allows market makers to short bitcoin on Coinsetter’s exchange. In the aftermath of security breaches that weaken the infrastructure of the bitcoin market, New York City-based Coinsetter is introducing a new way to mitigate risks for well-capitalized businesses–a group that represents the majority of capital holdings on bitcoin exchanges. After depositing collateral in the form of bitcoin, Coinsetter will allow select businesses to buy and sell bitcoin on margin, settling balances after trades are executed. This model is aligned with the settlement method of exchanges in other markets on Wall Street. Jaron Lukasiewicz, CEO of Coinsetter, said: “We have been testing a post-trade settlement offering with select business customers since December, and its value is apparent. Coinsetter’s business customers, many of whom represent important institutions in the bitcoin space, can now access liquidity without having to worry about bitcoins being hacked or USD holdings becoming tied up. The program also helps growing companies reduce their working capital burdens.” In addition to post-trade settlement for businesses, Coinsetter’s designated market makers will now be able to take short positions on bitcoin. These additions expand upon an already robust feature lineup for professionals, including FIX 4.4 API connectivity, low latency and attractive pricing. Designated market makers may also be eligible to participate in Coinsetter’s Market Maker Equity Incentive Program, through which Coinsetter has opened 10% of its equity. “The experienced team at Coinsetter is committed to providing clients with the most advanced bitcoin exchange in the world. The features announced today raise the bar even further.” Lukasiewicz added. “Our top priority remains security, and all users benefit from Coinsetter’s Securicoin® technology. Bitcoins held in the Securicoin® system are contained in highly protected offline wallets that never directly touch the internet. Furthermore, a human is always involved to verify the validity of each withdrawal.” About Coinsetter Founded in 2012, Coinsetter is Wall Street’s leading bitcoin exchange for firms and individuals. Recently added to the CFTC-regulated Tera Bitcoin Price Index, Coinsetter’s New York-based exchange offers high uptime, low latency trade execution, enterprise bitcoin security by Securicoin®, deep liquidity and attractive pricing. Visit www.coinsetter.com to learn more.
IamA CEO of an *existing* New York City bitcoin exchange Coinsetter. AMA!
With all the fanfare surrounding institutional Wall Street bitcoin exchanges today, I thought people might be interested if we opened up to the community about our product and experiences. Ask me anything! Proof it's me: https://twitter.com/borntobank/status/558640392112197632 PS: I'm already afraid of what will be asked ;) Jaron Lukasiewicz Coinsetter CEO
Roger Ver and Coinspace.io and Coinsetter are handing out 3000 bits/person tomorrow (Sun.) in NYC. Plus drawing for whole bitcoin. Ver will appear virtually via Double robot.
Similar to what we did here https://www.youtube.com/watch?v=3-XQ627_prE but this time with Roger Ver appearing on the Double robot to talk bitcoin. If you're in NY come join us. We're giving 3000 bits/person, plus everyone will be entered into a drawing for a chance to win a whole bitcoin. (Drawing will be on Jan 5 publicly verifiable just like what was done on /millionairemakers). Details: 215 Murray St (in breezeway outside Shake Shack) NYC. 12 noon. 12/28 Enjoy your weekend!
Coinsetter was created in 2012, and operates a bitcoin exchange and ECN. Coinsetter's CSX trading technology enables millisecond trade execution times and offers one of the fastest API data streams in the industry. Die Bitcoin-Börse hat den kauf von Coinsetter bekannt gegeben und besiegelt damit die bisher größte Fusion von Bitcoin-Börsen. Anzeige. Dapper Labs: Jetzt in Flow Token (FLOW) investieren. Neues von den CryptoKitties Machern. Dapper Labs haben ihren Flow Blockchain Token Sale gestartet. Einige der weltbesten Entwickler und große Marken sind bereits an Bord unter anderem (NBA TOP SHOT ... Coinsetter is a Wall Street built bitcoin exchange for firms and individuals. The company’s trading platform puts the power of institutional bitcoin trading at the customers fingertips. Coinsetter offers an industry leading feature set to all types of users by aggregating the feeds of multiple exchanges to offer the best bitcoin prices available anywhere along with a deep liquidity near the ... Investing in Bitcoin is a ready game of its value to rise. There are a number of components that contribute to how bitcoin is valued and also you never know what’s going to trigger the subsequent bear market. Cryptocurrency, generally, is a new niche and there’s a scarcity of writers who genuinely know this niche. This is just a model of the Bitcoin blockchain that is cheaper and quicker ... Coinsetter is an internet company that operates a Bitcoin trading platform with tools for forex traders. Its platform offers trading and the liquidity of various exchanges on Bitcoin trades. The company specializes in the fields of trading platforms. finance, and Bitcoin. It was founded in 2012 and headquartered in New York, United States.
Jaron Lukasiewicz is founder and CEO of Coinsetter, the only New York-based bitcoin exchange. In this lively discussion, Jaron gives his outlook on the price of bitcoin, working near Wall Street ... Jaron Lukasiewicz - CoinSetter, Yoni Assia - eToro, Luzius Messier - Bitcoinfund.ch and GatisEglitis - Exante discuss Bitcoin as an asset class. The chair of the panel is Gary Hileman -LSE. In this segment of the Coinsetter instructional video series we give a detailed overview on how to place various types of market orders on our web-based trading platform. Coinsetter is a low ... Coinsetter Address: 568 Broadway New York NY 10012 Phone: (212) 641-0620 Email: [email protected] Website: https://www.coinsetter.com/ Coinsetter is base... Learn more at www.coinsumm.it Bitcoin as an asset class? Panel with Yoni Assia, eToro, Luzius Meisser, Bitcoinfund.ch, Gatis Eglitis, Exante, Jaron Lukasiewicz, Coinsetter Moderated by Garrick ...