Modulus, a U.S.-based developer of ultra-high performance trading and market surveillance tech, formally announced this week its M5 exchange platform will allow digital asset brokers the ability to offer margin trading and lending.
This development comes after Modulus worked to become a leader in the development of high-frequency trading systems and exchanges, serving clients such as Goldman Sachs, Merrill Lynch, Bank of America and more.
“The Modulus futures and margin exchange solution will provide exchanges the ability to offer customizable lending and leverage options,” Modulus CEO Richard Gardner said in a statement. “Our clients will be able to self-regulate the process from start to finish. We support customization in terms of lending, maximum leverage, and de-leveraging, while also offering position management via our powerful risk management and de-leveraging engine."
Modulus clients can now customize their exchanges in a way that appeases traders and meets regulatory approvals.
You can check out dozens of up-and-coming fintech companies, like Modulus, at the fifth annual Benzinga Global Fintech Awards on Nov. 19 in New York City.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Your update on what’s going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!