The company LSEG Technology, the technology provider of the London stock exchange (LSE) announced that its mapping mechanism will be used by the crypto currency exchange launched in Hong Kong.
According to a press release LSEG Technology, its engine Milomnium Exchange was selected FINTECH company ATOM Group to work with the new exchange of digital assets AAX, whose launch is expected in the first half of 2019. AAX will be the first crypto currency exchange, which will use the technology LSEG Technology, emphasized in a statement.
“AAX effectively use technology, LSEG, to provide a world-class stock exchange that ensures safe, reliable and secure digital assets. Exchange AAX will allow investors to trade on all major digital assets with a high level of accuracy, transparency and performance,” said CEO ATOM Group Peter Lin (Peter Lin).
LSEG Technology is a provider of technology solutions for more than 40 companies in capital markets worldwide, noted in a press release. Its solutions are used, for example, the Hong Kong stock exchange (HKEX), Singapore exchange (SGX) and the largest in Africa, the Johannesburg stock exchange (JSE).
Cryptocurrency trading platforms are increasingly being used in infrastructure technologies of traditional exchanges. Last year the crypto currency exchange Gemini began to apply the technology monitoring market SMARTS from Nasdaq. Later in Europe was launched adjustable crypto currency exchange DX.Exchange, which is working on technologies Nasdaq. While the new York stock exchange is experimenting with blockchain technology, and the head of the company-operator Friedman adena (Adena Friedman) did not exclude that in the future, Nasdaq could become the crypto currency exchange.