Caspian: The Crypto Trader/Investor's Best Friend

iwriteonline (26)in #originalworks • 6 years ago

What is Caspian?

"Caspian. Institutional grade trading technology for sophisticated traders."

Caspian is the perfect tool for cryptocurrency traders who want a "one stop shop" for all their trading activities. "It provides institutional and experienced investors with a full-stack crypto trading and risk management platform." This is a joint venture of two trading systems: Tora and Kenetic.

"Tora Trading Services Limited (and its affiliates, 'Tora'), a global leading cloud-based front-to-back technology provider to buy side institutions; and Kenetic Trading Systems Limited (together with its affiliates, 'Kenetic'), a leading blockchain and cryptocurrency investment firm."

"Tora is a leading supplier of asset management technology, including an (Order Execution Management System) OEMS that averages monthly notional equity volume exceeding US$100 billion and is currently responsible for 17% of Japanese institutional equity trading volume."

Caspian is cloud-based, meaning this service is available on demand thru the internet via cloud computing servers. It takes care of the technology and combines software and hardware to let you effectively manage crypto assets you own or handle.

This platform also has experienced blockchain developers who makes sure all digital funds are secure.

The Caspian Team

The Caspian Advisors

He co-founded AirSwap, a decentralized and peer to peer token trading platform based on the Ethereum blockchain. Before AirSwap, Oved had a career as an algo trader in VirtuFinancial.

Ivan is a co-founder of Sepior, Partisia and Cryptomathic and is one of the mostly cited publishing researcher in cryptography. He is also a professor and the head of the cryptography research group in Aarhus University aside from being an awarded Mathematician.

"Former star-trader at Goldman Sachs, promoted to Vice President by the age of 26 and made the “top 30 under 30” list in Trader Magazine in 2008 and Forbes Magazine in 2011 after profitably trading the 2008 and 2011 crashes. Moved to Geneva-based macro fund Jabre Capital in 2011, before deciding in 2014 that the future of finance lay in blockchain technology."

Mike Novogratz’s Galaxy Digital "is a diversified, multi-service merchant bank dedicated to the digital assets and blockchain technology industry." As a Caspian Advisor, Galaxy Digital will help to evolve and shape the technological development of Caspian's software. It will guide and benefit the Caspian clients and the crypto community through it's expertise in the cryptocurrency world.

The Strategic Partners

Why Use Caspian?

Looking for a way to consolidate your digital asset trading activities all in one place? Caspian is the perfect partner for your blockchain finance endeavors.

As of April 2018, there are already more than 200 cryptocurrency exchanges out there. Since not all new and old coins are listed in one or two exchanges, having access to most of them in one place is helpful to trade digital money.

Caspian takes care of three major digital trading needs: Execution, Position & Risk Management and Compliance & Reporting.

1. Execution

Portfolio managers, traders, investors and crypto enthusiasts need not look anywhere else. Just use Caspian and your trade order can easily be fulfilled.

• It allows for quick execution by using a Smart Order Router (SOR) that send orders to specified and available exchanges.

Aside from SOR, it consists of Algorithms, User-Built Strategies and Alerts that make the order executions as fast and easy as possible.

• Caspian delivers an institutional-grade problem-solving system based on the development and integration of an algorithm framework (Tora) and a valuable trading expertise (Kenetic).

• Platform users can set and manage their own strategies for orders using simple system "rules".

2. Position & Risk Management

No need to worry about trading histories as Caspian has both Portfolio Management System (PMS) and Risk Management System (RMS).

• The two helps in managing positions, profit and loss and keeps a record of everything as long as the platform exists. It's all built in the system. Simulation-based scenarios can be run with risk metrics generated in seconds. This Caspian feature can allow you to make fast and effective decisions.

• Caspian is user-friendly and allows for Reconciliations and Rebalancing.

• It also uses it's Allocation Engine to take care of how a single trade on one exchange can be distributed to different funds, business units, etc.

3. Compliance and Reporting

Caspian includes a Compliance and Reporting Engine (CE & RE), Importation of Data feature and Online Dashboards.

• The CE provides a fast and efficient solution for all the compliance concerns like handling pre- and post-trade limits. Warning limits, approval limits, absolute limits and alerts, reports and monitoring workflows will all be addressed by the CE.

• The RE allows for quick user visibility of various charts and graphs like audit, compliance and snapshot reports, position info, trade files, etc. Report templates are available to use aside from creating user-defined reports via the report design tool. Reports can be accessed online anytime or saved in various forms like PDF or Excel files for easy offline access.

• Caspian also handles Importation of Data from various exchanges so you have a variety of exchange information you need in a single platform.

• Its Online Dashboards (ODs) will help users to view web based visualizations of "exposure breakdown graphs, margin reports, and order fill status." The ODs can also allow for editing visualizations in real time and saving the edited visualizations as both a new report and dashboard.

How does Caspian Work?

• Architecture:

Caspian provides a variety of solutions with its technological advantages. It can easily handle big data from various clients, is scalable and "plug-and-play" thus easy to manage and makes sure no data is lost anywhere.

The system is managed by a specific service with its own communication channel and API plus a built-in protocol for data subscription and more.

• Performance:

Per user, the Caspian throughput is over 2,500 orders per second and can handle up to 400,000 executions and 50,000 orders per day.

• Scalability:

Per client, communication channels and data is partitioned into their own spaces. If limits are reached, re-partitioning happens and new instances will be manually or automatically launched.

• Reliability:

With its built-in Tora system, Caspian has its own automatic back up system with a standy instance to avoid any problem. It has routing algorithm that balances and redirect requests to wherever it can be handled best. It also offers a backup cloud which is constantly updated via the active cloud and can take over to avoid system disruptions on the user's end.

There is no perfect system so Caspian strives to handle anything that may go wrong. It uses automatic tasks, system "health checks" and notifications to its production support team who can do the required corrective actions.

• Security:

Caspian connection to user applications are done via private leased line or encrypted connections via the internet. The client apps will be limited to whitelisted IPs and will require strong password sign in requirements and 2FA. Back end access is limited to authorized individuals. An isolated exchange API "signing" service will be used to store the user's exchange API keys without exposing it. Connection is always encrypted.

• Support:

Caspian has a product support team that is professional and multilingual. The team is experienced and skilled at using the platform and along with the senior developers provide fantastic support within a day.

Road Map

The Caspian Tokenology

Caspian (CSP) is an ERC-20 token issued on the Ethereum blockchain. It is an incentive-based token for platform users and developers who create apps or tools and features on top of Caspian.

The CSP token will be a User-to-Platform and User-to-User Utility, which is not entirely necessary but will enhance the Caspian user experience and its community.

Tokens can be staked and offers a commission discount function.
1. Token stakers will have a guaranteed discount that can increase up to 25% as long as it is staked for more than a week.
2. Users can receive additional discount of up to 25% of their fees if they pay using CSP tokens.
3. A dynamic discount potential which will be discussed further as the ICO moves forward.

CSP tokens will also be used as an incentive to third-party developers who will build apps and services on top of the Caspian platform. This will produce development and community bounties.

A token governance will also be available to serve as a council. The top 15 global CSP stakers will be Governance Nodes to help Caspian development. Tokens should be staked for a minimum of six weeks before one can be eligible. Governance Nodes will even receive additional 5% additional discount to trading fees.