SIGMA: AN EFFICIENT TOOL SUITABLE FOR DIGITAL AND TRADITIONAL ASSETS TRADERS

aaaxpress (33)in #crypto • 6 years ago

Taking a look at the world today, one can see the level of technological advances that have been achieved. Today we have Artificial Intelligence (AI), machine learning, blockchain, cryptocurrency, Forex and so on with the aim of making life easy, fun and entertaining.
Within Forex, cryptocurrency exchanges and other trading platforms users can exchange or trade one asset (digital or traditional) over another; over time and owing to its lucrative nature it (trading platforms) grew to the extent of traders making use of trading bots and other tools so as to make trading easy for them while making good profits.

But as time goes by, trading tends to be difficult and unfriendly which can be attributed to the nature of these trading platforms; what are these issues or difficulties one might ask?

In the trading world today, every trading platform has its own way of operations that is; some might require KYC others won't, some their KYC process might be easy others theirs won't. At the same time, some might offer a user-friendly interface while others might tend to be complicated. Therefore it can be seen that traders pass through a lot just to trade their favourite assets.

As with humans, the only thing constant is change, thus a team of experts aims to change the way traders trade in any trading platform they find themselves, thereby creating Hydra X.
Hydra X is a robust platform so advanced that it can offer cross-jurisdictional and multi-assets access in platforms connected to. Hydra X brings simplicity, accessibility and refinement to the universe of trading along these lines guaranteeing there is productive price discovery, trade execution, order and portfolio management across multiple platforms, and within Hydra X is Sigma, a portal with advanced capabilities.

SIGMA IS OUT TO MAKE TRADERS COMFORTABLE

Hydra X team tends to accomplish its goals through SIGMA. That is to say, Sigma through Hydra X will be proficient for multi-asset trading in this way offering an entryway for users through which they can get to their ideal trading platforms. To make it progressively remarkable, Sigma is reliable hence working with the cross-assets marketplace, for example, cryptocurrency exchanges, brokers, liquidity, data providers, while making the trading of both digital and traditional assets a reality.

To guarantee traders within Hydra X have proficient and stunning experience, Sigma has its own charting module with all necessary features to make traders feel at home, in addition, Sigma charting module will bolster multi-screen or multi-monitor.
Moreover, with regards to assets, security can't be underestimated, in this way Sigma is designed to be highly secured which is achieved by making Sigma to be accessed through a web browser, and once connected with the desired trading platform, the API keys of traders are encoded and stored on their devices.

Also, someone might ask, isn't it necessary Sigma have a mobile app? Indeed it is, and the team aims to offer one which will also make it possible for traders to easily access their accounts while carrying out underlying activities.
Furthermore, Sigma is designed with technologies used in the financial industry thus becoming fast and efficient in satisfying the needs of users.

CONCLUSION

Sigma is made in such a way that it can empower a coordinated marketplace from cryptocurrency exchanges to equity liquidity providers, FX, CFD etc.
To guarantee there is an effective and reliable service with Sigma, the following is its features;

a. An API gateway for the trading of multi-assets as well as an Account Management System used to secure the API keys.
b. Sigma has an Order Management System used to execute orders and other functions while a Portfolio Management Aggregator will be used for analysing traders portfolio, assets exchange and so forth.
c. There will also be a Market Data Processing Unit which is utilized for the redistribution of collected information to traders.