Irvine, CA, November 09, 2021 (GLOBE NEWSWIRE) – FDCTech, Inc. (“FDC” or the “Company”, OTCQB: FDCT ), a fully integrated financial technology company with a full suite of digital financial services solutions, today announced that it has integrated the Condor multi-asset trading platform To Binance cryptocurrency exchange, ranked # 1 by volume on CoinMarketCap.
With this integration, brokerage firms can now access and stream prices from the Binance exchange to Condor multi-asset trading platform. Brokerage firms can now use a single account to trade cryptocurrencies using Binance cash and currency, stocks and other financial assets through other liquidity providers. In addition, brokerage firms may offer leveraged transactions on Binance trading products and adjust the markup on the bid / ask spread based on their revenue model. Brokerage firms will be able to define risk parameters to manage trading and counterparty risks. The integration also allows brokerage firms to offer token and coin offerings in the jurisdiction where that offering meets regulatory requirements.
“We are not only seeing significant demand for well-known cryptocurrencies such as BTC and ETH, but also for new digital assets such as non-fungible tokens (NFTs). Therefore, the connection to Binance is an important step in providing our customers with access to a variety of deliverable digital assets, ”said Mitchell M. Eaglstein, Founder, Interim President and CEO of FDC.
FDCTech, formerly known as Forex Development Corporation, is a fully integrated financial technology company. FDC provides premier trading platform, back office, liquidity, trading desk and brokerage solutions to forex market participants seeking access to the retail and institutional spot markets.
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