Spotware, a UK-based developer of trading platforms for brokerage firms, has announced that Alexander Geralis, an experienced trader and Cointelegraph contributor, has been appointed as the chief product officer (CPO) of cXchange.
The announcement noted that Geralis would be managing the ongoing development of cXchange, which is Spotware’s crypto asset trading platform. Geralis, who has experience trading physical commodities and digital currencies, will also be involved in marketing cXchange’s services to the international market.
Customizable Products For Launching Digital Asset Exchange
According to cXchange’s official website, its customizable products are designed to help clients develop and deploy their own digital asset exchange – as it reportedly provides all the tools and services required to set up a crypto trading platform.
Commenting on how he aims to contribute to cXchange’s business, Geralis said: “I am proud to join Spotware’s team and [will] ensure cXchange meets the same high standard as all Spotware products.”
He added:
In my view, this is a truly sophisticated and high-tech solution that will benefit the industry and anyone who wishes to open their own cryptocurrency exchange. I am confident that as an integral part of the clients’ roll out success, cXchange will deliver the value that is promised to ensure their exchange business growth.
Over 80 Financial Institutions Using cXchange
Meanwhile, Alexander Shulman, an experienced product manager and the CEO of Spotware, remarked:
We believe Alexander’s collective experience in the sphere of trading and understanding of traders’ needs will greatly assist our partners in launching their own leading exchanges.
Notably, Spotware’s cTrader product line for traditional assets offers risk management and account management services. cTrader’s suite of products also includes trading, charting, reporting, and API integration tools.
As mentioned, Spotware’s crypto-related services are mainly provided through its cXchange platform – which is reportedly “being used by millions of traders and over 80 financial institutions.”
Huobi Cloud Also Lets Users Deploy Crypto Exchanges
The cXchange platform allows users to deploy their own crypto exchange by providing tools which let them connect to blockchain networks “for deposits and withdrawals.” Moreover, the users are able to easily “reference … [block] explorers [to check for] … transaction confirmations.”
cXchange’s users are able to list ERC-20 compliant tokens and “completed” ICO projects from their dashboards.
As CryptoGlobe reported in August, the Huobi Group’s newly launched business arm, Huobi Cloud, also allows users to build and deploy cryptocurrency exchanges. At the time, Huobi had announced that it had already partnered with five companies (in Russia, United States, Philippines, and Indonesia) that were interested in using its Huobi Cloud solution.
