MainBloq is Pleased to Announce Sub-Account Trading for Selected Exchanges
Fernhill Corp (OTC PINK:FERN) announced the launch of Sub-Account Trading on its digital asset trading platform, MainBloq, effective immediately. This feature allows institutional investors to manage funds for different clients and strategies while drawing from a single capital pool. CEO Ryan Kuiken emphasized that this functionality enhances workflow efficiency and risk management for hedge funds. MainBloq's integration will support exchanges that currently offer sub-account features and plans to enhance trading tools monthly, thus strengthening its market position in digital asset trading.
- Launch of Sub-Account Trading enhances MainBloq's offering.
- Improves trading efficiency and risk management for institutional investors.
- Integration with existing exchanges expands trading capabilities.
- None.
LAS VEGAS, NV / ACCESSWIRE / February 16, 2022 / Fernhill Corp's (OTC PINK:FERN),Institutional Digital Asset Trading platform, MainBloq, continues to launch enterprise-grade, widely-requested features. Fresh off of January's FTX and Coinbase Prime integrations, MainBloq is now launching support for Sub-Account Trading available immediately.
CEO Ryan Kuiken stated "Sub-Accounts are a feature that has been greatly lacking across the industry as a whole. Many participants come from the traditional institutional side where sub-accounts are not only supported, but expected. That's just not the case in crypto. Only a handful of exchanges support sub-account functionality so we needed to truly write this functionality into our codebase, not just connect via an API "
Sub-accounts are used by institutional investors to segregate funds, for different clients, different desks, or different strategies, while drawing upon a single pool of capital. MainBloq already segregates clients by running copies of xSOR in a container specific to that client. Sub-accounts processing is further segregated by running their workload in different processes, which may reside on separated machines, all interconnected with our blazing fast data-bus. There are no limits on the number of sub-accounts xSOR can handle.
Sub-accounts segregate:
- Trading
- Balances
- Positions
- Risk
Kuiken continued, "The Sub-Account functionality provides the ability to seamlessly integrate into our clients trading workflows. Hedge Funds often have multiple traders, each executing their own strategies within an exchange. In the past, these traders shared a single account, or used multiple master accounts, resulting in inefficient use of capital, and limited risk controls."
CTO Marc Deveaux commented "Integrating the sub-account functionality into the MainBloq trading platform provides immediate support for those trading venues that currently support that functionality. For exchanges that do not offer Sub-accounts, MainBloq will provide that functionality with select exchanges being added every month. This will open the door to some new interesting tools, including our Global Wallet Rebalancer.
Mainbloq offers its solutions:
- Hosted in the the cloud
- On dedicated cloud servers
- As Self-Hosted docker containers
- Connecting via FIX, REST or Web Sockets API
Be sure to stay tuned to MainBloq and Fernhill Corp (OTC:FERN) for upcoming, exciting new updates.
About MainBloq:
MainBloq, a Fernhill Company ($FERN), is a digital asset connectivity platform connecting to leading exchanges to serve the needs of clients around the world. MainBloq offers a modular platform including a smart order router, suite of execution algorithms, FIX / SOCKETS / REST gateway, and consulting services to help banks and hedge funds execute on their trading strategies. For more information please visit www.mainbloq.io
MainBloq Website: mainbloq.io
About Fernhill:
Fernhill Corp is a developer and acquirer of high-performance proprietary software solutions focused on crypto currency mining, digital asset trading and infrastructure applications that are designed to simplify, optimize and automate the blockchain ecosystem, including Mining, Minting, Trading and DeFi. Fernhill is a Signatory Member of the Crypto Climate Accord (CCA).
For all official Fernhill corporate information, please refer to our filings, news and updates on the following resources:
Fernhill Website: FernhillCorp.com
Company Contact Information: info@fernhillcorp.com
Any other links are not official & should be taken as such nor have anything to do with Fernhill Corp or its subsidiaries.
#$FERN #FernhillCorp #MakeCryptoGreen #CryptoCurrencies #GreenMiningPools #FinTech #SaaS #CryptoClimateAccord #LFG #PerfectMine #CryptoMining #MainBloq #DigitalAssetTrading
Forward-Looking Statements: This release includes 'forward-looking statements' within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934. Certain statements set forth in this press release constitute 'forward-looking statements.' Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate, or imply future results, performance or achievements, and may contain the words 'estimate', 'project', 'intend', 'forecast', 'anticipate', 'plan', 'planning', 'expect', 'believe', 'will likely', 'should', 'could', 'would', 'may' or words or expressions of similar meaning. Such statements are not guaranteeing of future performance and are subject to risks and uncertainties that could cause the company's actual results and financial position to differ materially from those included within the forward-looking statements. Forward-looking statements involve risks and uncertainties, including those relating to the Company's ability to grow its business. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of future performance. The potential risks and uncertainties include, among others, the Company's limited operating history, the limited financial resources, domestic or global economic conditions, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced vendors, services or components, and various other factors beyond the Company's control.
SOURCE: Fernhill Corp.
View source version on accesswire.com:
https://www.accesswire.com/688924/MainBloq-is-Pleased-to-Announce-Sub-Account-Trading-for-Selected-Exchanges
FAQ
What is the significance of Sub-Account Trading by Fernhill Corp?
How does Sub-Account Trading improve trading efficiency for hedge funds?
When was Sub-Account Trading launched by MainBloq?
What platform supports Sub-Account Trading?
Is Fernhill Corp expanding its trading features?
