Today, we’re pleased to announce that Blocktrade.com (on target to be the first fully licensed security token exchange in Europe) has completed a “deep data integration” with the Nomics.com data platform. With this integration, Blocktrade.com becomes an A+ Verified Exchange on Nomics.com and enhances its exposure of trading pairs and markets to Nomics’ API users.
Blocktrade.com is in the process of becoming a MiFID II compliant crypto exchange. The new EU legislative framework aims to strengthen investor protection and improve the functioning of financial markets to make them more efficient, resilient, and transparent. By being fully MiFID II compliant Blocktrade.com will empower institutional traders to engage in crypto trading to while unlocking huge amounts of liquidity with their primary market partners. Nomics.com’s API provides a free crypto market data API (with no rate limits) and is the only market data API with gapless and normalized historical raw trade & order book data.
The integration means…
- Blocktrade.com has completed a “deep data integration” integration with Nomics; this brings current and historical gapless raw trade data to investors via the Nomics.com website and market data API.
- Blocktrade.com will be listed on Nomics.com as A+ Verified Exchange. Meaning that Nomics has vetted Blocktrade.com’s trade history and verifies that the exchange meets the highest reliability, consistency, and data integrity standards.
- A+ Verified Exchange status is a distinction that not only comes with a verification badge on Nomics.com but also means that Blocktrade.com’s markets will be highlighted and receive priority exposure on Nomics’ website.
With the potential to process over 1 million trade requests per second, Blocktrade.com’s trading venue is focused on high performance, superior security, and outstanding customer experience, making it a perfect fit for Nomics. The listing of security tokens on the exchange comprises two stages: first, an in-house assessment review and analysis, and second, the listing itself. If a token has potential conflicts with regulations, it will not be listed on the exchange. Blocktrade.com’s attention to detail made the integration easy and we appreciated the cooperation of their technical team.
“Our aim is to provide best-in-class data to hedge funds, banks, brokers, asset managers, and other financial institutions. Nomics is primarily used by this audience because of its professional-grade market data products and holds our values of data consistency and quality. So we were more than happy to allow the team to access our current and historical gapless raw trade data and highlight it to investors.”Luka Gubo, CEO Blocktrade.com’s CEO
Normalized Blocktrade.com market data will now be available to all API users. Nomics’ free crypto exchange data API comes with dozens of endpoints, including endpoints that return sparkline, exchange rate, all-time high (ATH), and supply data. Also included are historic candle/OHLC data for
Note: If you are an exchange operator who would like to know more about how and why a deep data integration makes sense, contact us about our A+ Verified exchange program, or read more in this article.
We expect exciting things from Blocktrade.com and are happy to cooperate with organizations that push for more compliance within the crypto industry to provide a better service to institutional investors. We’re really happy that we could do this deep data integration and bring it to the market.
Nomics CEO & Co-founder