NEW YORK, Nov. 8, 2021 / PRNewswire / – BXS, the industry’s leading provider of data analysis solutions, today announced the launch of an innovative new platform, Digital Currency Analysis (DCA), in response the rapid growth of the digital asset industry. Available to all existing BXS clients, this new tool offers a comprehensive view of digital asset and cryptocurrency trading, in a consolidated and easy-to-use web portal.
This new service is the latest innovation from BXS, a long-time leader in the data analysis and reporting space for the capital markets industry. BXS is now looking to leverage its expertise in traditional asset classes such as stocks and options and apply its more than 20 years of niche experience to alternative assets, namely cryptocurrency.
This product is powered by BXS ‘best scalable and exclusive Digital Offers and Offerings (DBBO), which are formulated by consolidating all trading data from the world’s largest cryptocurrency exchanges as well as the best cryptocurrencies and tokens including Bitcoin, Ethereum, Litecoin and many more.
Commenting on the launch, Michael Post, Executive Vice President of BXS, said, “We are very excited about the outcome of this product. Our team worked diligently on this project by exploring the market, nuances of data, and fragmentation of execution sites. Our DCA platform is ready to empower any player in the digital marketplace looking to unlock a host of competitive advantages. “
The tool demonstrates BXS’s ability to leverage its knowledge and expertise and apply it to the new reality of investing in asset trading. This is essential in light of the proliferation of alternative assets and the ever-changing investment landscape.
BXS is a trade data analytics company that develops cutting edge technology to deliver high performance software solutions and powerful market intelligence to brokers, buying firms, hedge funds, market centers and traders individual. BXS is focused on providing best execution tools, trading analysis and monitoring software across a range of asset classes, which enable market participants to meet various reporting obligations while unlocking benefits competitive. Founded in 2015 by the team that helped shape the modern equity reporting landscape and built on a robust modular platform, BXS combines tailored solutions with exceptional customer service, enabling a streamlined and highly intuitive process that minimizes costs.