The digital asset space has seen explosive growth over the past year, with average daily exchange-trading volume across all crypto assets surpassing 18 billion USD equivalent and total estimated market cap for blockchain instruments exceeding 325 billion USD equivalent as of April 2018. Over 200 crypto-focused hedge funds have been formed as 1 of February 2018, while traditional trading houses continue to express interest in increasing their exposure to blockchain assets. But crypto investors continue to lack a 2 number of crucial tools that will be necessary for the space to achieve its potential. Key among these are professional-grade trade execution, compliance, position and risk management, and reporting functionality
It is lucid that the world is evolving into a technological world. With cryptocurrencies and how they are being traded hitting the news on daily basis.
Caspian which is a joint venture between trading service limited and kenetic trading systems limited is one of the leading and innovative blockchain built as a cryptocurrency investment firm. This blockchain has equally made provisions for both institutional and experienced investors to involve in trading cryptocurrencies. Investors are also equipped with a comprehensive Order And Execution Manager System (OEMS), Position Management System (PMS) and Risk Management System (RMS) that's backed by an experienced team.
Caspier has what it takes to thrive in crypto-trading, to communicate and exchange with various systems. It also makes provision that enables its users to analyze all their trades with just a glance regardless of the exchange they take place on.
What is the technology behind Caspian?
Caspian is a cloud-based platform, with distributed services built around a microservice architecture and functionality accessible via thin UIs and APIs. This creates significant flexibility, allowing the platform to accommodate solutions ranging from private clouds hosted in a traditional data center to solutions provided by established players in the space.
Each aspect of the system is managed by a distinct service with a dedicated communication channel, its own API and a built-in protocol for subscribing to its data. On the back end, the services can be embedded to run through dedicated processes, or several (usually related) services can be bound together to run in a single process. The services can offer data through both a request/reply and a publish/subscribe mechanism. The backend services are linked by a high speed, certified message delivery technology.
The system is designed to handle large volumes of data while ensuring low latency for messages on their way to and from the exchanges.
While Caspian is designed to be a one-stop turnkey solution for the crypto space, any of its modules can be easily connected/integrated with other third-party systems and solutions, including crypto exchanges, risk management systems and proprietary portfolio management systems.
Tell us about the major products offered by Caspian?
Caspian’s crypto trading and risk management platform equips investors with a comprehensive Order and Execution Management System (OEMS), Position Management System (PMS) and Risk Management System (RMS), backed by best-in-class support.
The platform, which has the potential to drive exponential participation in crypto trading, provides sophisticated connectivity and interoperability across various cryptocurrency exchanges.
How do your asset management and cryptocurrency investing functionality work?
Caspian effectively aggregates prices, bid/ask information, orders, positions, account and wallet balances and executions from multiple crypto exchanges, presenting the information on a single platform. It allows users to act on this information by sending orders to exchanges individually or splitting them across multiple exchanges using Caspian’s Smart Order Router (SOR).
Caspian’s Order and Execution Management System provides a unified control center optimized for fast trading, which serves as the main hub for portfolio managers and traders. It is based upon technology built by Tora and has been further enhanced to cater to the specific needs of the crypto market.
The platform’s composite order book enables users to view all exchanges as a single pool of liquidity. The composite order book is used in conjunction with the SOR to split a large order across multiple exchanges at once to achieve quick execution at the best price. The SOR algorithm takes criteria including price, liquidity, account balances and commission into account to achieve the best possible outcome with minimal slippage.
The system also offers a built-in mechanism allowing clients to configure alerts that can appear as pop-ups or be delivered as emails. Clients have the freedom to define the conditions under which such alerts are triggered, combining technical indicators, order parameters, position data and market data. This logic is built on top of a proprietary macro language similar to Excel.
On the backend, Caspian offers unified compliance and reporting functionality that enables users to analyze all of their trades in one place, regardless of the exchange on which they are executed.
Every action in the Caspian system is timestamped and recorded, providing a detailed audit trail which can be reviewed at any time in the future providing sufficient information for any regulatory audit.
Tell us about Caspian’s execution algorithms?
Caspian builds upon Tora’s algorithm framework and Kenetic’s trading expertise to provide institutional-grade algorithms from day one. Traders are able to assign a trading algorithm from a list of different strategies to orders according to their trading objectives. The algorithms execute the orders inline with those trading objectives.
Traders can control the behavior of a trading algorithm by applying set parameters, and can monitor its performance throughout the lifecycle of the order. At the same time, more sophisticated traders can also closely monitor all orders that the algorithm slice to the market. They can manually override order parameters in order to fine-tune the behavior of a given algorithm.
What do you have on your roadmap for the next two years?
Caspian is currently operational and connected to 15 exchanges. The team is in the process of connecting to a number of additional exchanges, and we expect to add up to 40 exchanges to the ecosystem by the end of Q3 2018.
In addition to adding additional exchanges we plan to grow the business by adding significant new features and functionality. This includes pre-trade transaction cost analysis (TCA), enhanced risk functionality, and an app store. The pre-trade TCA will enable traders to make better decisions about how and where to execute orders. The risk functionality will include value at risk (VAR), portfolio stress testing and sensitivity shifts. Finally, the app store will allow third party developers to build applications such as trading signal feeds, crypotlending system integration, and user interface enhancement of top of the Caspian platform.
The Caspian Token (CSP) is a key element of the platform and will play an important part in its growth and expansion. CSP is designed to evolve over time as the user base shifts from an initial core of institutional customers to a diverse group of smaller funds, professional retail traders and third-party developers. We expect Caspian and its token to mature together as both grow more complex and gain broader adoption. CSP will be a functioning utility token at the time of launch, offering discounts through payment and staking mechanisms, governance features for top stakers and incentives for third-party developers through our ecosystem development program.
Improvement On Interactions With Cryptocurrencies?
Caspian provides solution to problems for both investors and its users by using a friendly user interface. This is achieved by providing an avenue for communication and exchange across various digital assets exchange on the blockchain. Caspian is not here for competition with existing exchanges nor to interrupt any other platform, but it is designed to help and support the purchasing of digital assets instrument in a friendly, reliable and dependable manner to as many newcomers as possible in order to bring liquidity, volume and dynamism to the platform.
As earlier stated, Caspain is a joint venture between two solid firms in Tora and Kenetic, both of which are very successful in cryptocurrency investment and asset management. Tora, which supplies assets management technology, with Order And Execution Manager System (OEMS) with its average monthly national ownership exceeding over $100 billion and is also responsible for about 17% of the Japanese institutional trading volume.
With over six decades of collective experience building and managing technology and trading systems, Caspian’s senior management team is uniquely positioned to build a strong, flexible, secure platform capable of attracting participation on the part of major traders and market makers. Caspian currently connects to over 10 major digital asset exchanges. The platform plans to add up to forty additional trading venues by Q3 2018. Additional details can be found in the roadmap section of this document.
Caspian's well-equipped team with over sixty years of collective experience is positioned to bring a strong, reliable, flexible and secured platform that users have always craved for. This platform will likely attract participation of the masses on the part of major traders and the market makers.
How Caspian works;
Caspian is an system designed to solve the problems facing crypto investors using a single, user-friendly interface. This is achieved by providing refined connectivity and across various digital asset exchanges, this is done by equipping digital assets investors with a comprehensive Order and Execution Management System (OEMS), Position Management System (PMS), and Risk Management System (RMS), backed by experienced support team. Caspian is expected to drive further growth in digital asset participation on the part of institutional and experienced investors.
ROADMAP
ORDER AND EXECUTION MANAGEMENT SYSTEM:
Caspian gives users access to wide range of financial tools and can use the platform to access available exchange. As an investor this means you can have a best rate across market and wide range of choice of cryptocurrency.
Position and Risk Management:
First let me explain what Position and Risk Management is about :
Risk management is the ability to contain your losses so you don’t lose your entire capital.Risk management could be a deciding factor whether you’re a consistently profitable trader or, losing trader.Remember, you can have the best trading strategy in the world. But without proper risk management, you will still blow up your trading account.
Position Management :A technique that determines how many units you should trade to achieve your desired level of risk
Position and Risk Management go hand in hand with each other and are the two most important things to consider as an investor. But you have to think no more, because the solution is here.
The Caspian platform is so unique that it offers views of all present and past trades and makes it easy to compare and keep track of profits and loss over multiple account. Source
Caspian : Impacting people's interaction with cryptocurrency:
Caspian as a crypto asset management solution, makes it convenient and convincing to indulge people into the crypto-world. Let me take myself for example: As a student I introduced a friend of mine into crypto trading but he resisted because he believes it will be an headache to keep track of the trading and also bookkeeping. But now that I know of Caspian platform, I am sure he will be convinced to indulge in crypto trading.
Personal Conclusion
Caspian is a cloud-based technology platform that will provide its cryptoactive services to individuals and institutions.
Caspian will allow access to all crypto exchangers with a simple interface.
Caspian will provide adequate support to the users of the platform.
Caspian'S Partners
The Caspian'S TEAM
CASPIAN2018