Atlas ATS, the FIX protocol Wall Street grade exchange platform for digital currencies, announced its new platform, Atlas 2.0, on Friday. This offers trading in alt coins, options for digital currency and an array of advanced native order types for FIX API clients.
Atlas 2.0 launched in Hong Kong and North America where Atlas ATS has established digital currency exchanges. The new platform provides trading for major alternative digital currencies, derivative products, a new multi-signature transaction wallet and a selection of advanced order types for clients using the FIX interface.
Atlas 2.0 has been deployed on a global, secure, high precision private network exclusively managed under the Digital Currency Initiative (dci), a division of Perseus Telecom.
Shawn Sloves, Chief Executive of Atlas ATS, said in a press release, “Atlas ATS is pleased to expand our product offering to options for our sophisticated global trading market participants. We now offer two types of option contracts ‘Calls’ and ‘Puts’, which confer upon the owner the right to buy and sell, respectively, the underlying crypto-currency at a set ‘strike’ price on a given ‘expiration’ date.”
Atlas 2.0 supports three major alt coins providing more products to trade digital currency options for Bitcoin and Litecoin. Options trade fees follow the same add/remove (A.K.A: maker/taker) model with the rebate earned when adding liquidity is 0.1%; the fee for removing liquidity is 0.3%.
Advanced Order Types Available via FIX API supports trailing stops, stop limit, market, reserves, discretionary, and mid-point peg orders. Additional order types will be made available to the website and Web API users through the next major platform upgrade.?
In the new few weeks,?alt coins will be added and expedited payment and banking services will be available to create more options for funding trading accounts.?